An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.
Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. Pacer Advisors Inc. increased its holdings in First Data by 8.9% in the 2nd quarter. During the same quarter in the previous year, the business earned $0.34 earnings per share. Pacer Advisors Inc. now owns 5,558 shares of the business services provider's stock worth $101,000 after acquiring an additional 452 shares in the last quarter. Finally, First Manhattan Co. grew its stake in shares of First Data by 200.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 17,940 shares of the business services provider's stock worth $327,000 after acquiring an additional 348 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its stake in shares of First Data Corporation by 10.8% in the third quarter. Great West Life Assurance Co. Can now owns 104,690 shares of the business services provider's stock worth $1,904,000 after purchasing an additional 9,236 shares in the last quarter. Company insiders own 6.30% of the company's stock.
In other First Data news, CEO Frank Bisignano bought 25,000 shares of First Data stock in a transaction dated Thursday, November 9th. Following the acquisition, the chief executive officer now owns 7,107,398 shares of the company's stock, valued at approximately $119,546,434.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. SunTrust initiated the stock with "Buy" rating in Monday, November 9 report. The shares were sold at an average price of $17.12, for a total value of $127,937.76.
In other First Data news, insider Andrew Gelb sold 7,473 shares of the company's stock in a transaction on Monday, November 20th. The disclosure for this sale can be found here. Cowen reissued a "buy" rating and issued a $20.00 target price on shares of First Data in a report on Thursday, October 12th. Buckingham Research began coverage on First Data in a research note on Monday, October 2nd. As per Tuesday, May 30, the company rating was maintained by Oppenheimer.
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Investors and Traders continue to monitor technical levels of shares of First Data Corporation (FDC).
Stock research analysts at Piper Jaffray now has a $23.0 target on First Data Corp (NYSE:FDC).
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.
Looking at the Analyst Recommendations of the stock, 12 Analysts issued a Buy for MoSys, 13 gave Outperform, 8 analysts gave Hold Rating, 0 issued Underperform and 0 marked the stock as Sell. The price volatility's Average True Range for 14 days was 0.36.
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Louisiana State Employees Retirement holds 0.03% of its portfolio in Callon Petroleum Company (NYSE:CPE) for 53,700 shares. It also increased its holding in Lhc Group Inc. (NYSE:UAL) has risen 77.19% since January 3, 2017 and is uptrending.
First Data Corporation (FDC) recorded a decrease of -0.18% return at the end of last trading. The stock has a market cap of $15,440.35, a P/E ratio of 21.99, a P/E/G ratio of 1.14 and a beta of 1.51. Narrowing in a bit closer, the 5 month price index is 0.89603, the 3 month is 0.92683, and the 1 month is now 1.03401. First Data Corporation (FDC) is intriguing when broken down to its core data.
The company's Average Revenue Estimate for the current quarter is $1.84 Billion, while Low and High Revenue Estimates are $1.79 Billion and $1.9 Billion respectively. First Data had a return on equity of 26.60% and a net margin of 5.99%. First Data's quarterly revenue was up 4.8% on a year-over-year basis.
First Data Corporation (FDC) stock is showing healthy performance of 0.42% throughout last week and witnessed Bullish performance of 2.03% in one month period.
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New York-listed First Data Corp (NYSE:FDC), was upped by equity research analysts at Wedbush today. The company was initiated on Wednesday, October 21 by Tigress Financial.