FDC

FDC

TMT, Finance/Real Estate


Presented:07/19/2016
Price:$12.00
Cap:$10.76B
Current Price:no data
Cap:no data

Presented

Date07/19/2016
Price$12.00
Market Cap$10.76B
Ent Value$33.81B
P/E RatioN/A
Book Value$0.69
Div Yield0%
Shares O/S896.34M
Ave Daily Vol6,602,088
Short Int2.20%

Current

Priceno data
Market Capno data
First Data Corp. provides electronic commerce and payment solutions. It operates through the following segments: Merchant Solutions, Financial Services, and International. The merchant solutions segment is comprised of merchant acquiring and processing services, prepaid services and check verification, settlement, and guarantee services. Its financial services segment provides credit and retail card processing, debit network and processing, output, and remittance processing. The firm's international segment offers credit, retail, debit, and prepaid card processing, acquiring, and switching services. The company was founded in 1971 and is headquartered in Atlanta, GA.

Publicly traded companies mentioned herein: First Data Corp (FDC)

Highlights

The presenter is long shares of First Data (FDC), citing overstated concern on what he views as manageable leverage, significant discount to peers on a multiple basis, and potential for better than expected growth as the core North American business turns around. FDC currently trades at $12, and the presenter thinks the stock can see over 40% appreciation in one year, and ultimately targets $21 - $24 by 2019 - 2020, for 20 - 25% annualized returns.

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Idea Discussion

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