FDC (Update)

First Data Corp.

TMT, Finance/Real Estate


Presented:07/25/2018
Price:$23.31
Cap:$21.66B
Current Price:no data
Cap:no data

Presented

Date07/25/2018
Price$23.31
Market Cap$21.66B
Ent Value$36.49B
P/E Ratio14.39x
Book Value$3.62
Div Yield0%
Shares O/S929.17M
Ave Daily Vol7,354,038
Short Int8.99%

Current

Priceno data
Market Capno data
First Data Corp. engages in the provision of commerce-enabling technology and solutions; and payment technology and services. It operates through the following segments: Global Business Solutions; Global Financial Solutions; and Network and Security Solutions. The Global Business Solutions segment provides retail point-of-sale merchant acquiring and eCommerce services. The Global Financial Solutions segment provides credit solutions for bank and non-bank issuers, such as credit and retail private-label card processing; and licensed financial software systems, such as VisionPLUS bank processing application and lending solutions. The Network and Security Solutions segment provides EFT network solutions, such as STAR Network and debit card processing solutions. The company was founded in 1971 and is headquartered in Atlanta, GA.

Please note, this is an update to Long - First Data Corp (FDC), originally presented on 11/10/2017.
Publicly traded companies mentioned herein: First Data Corp (FDC)

Highlights

Shares of First Data Corp (FDC) continue to perform well, and the presenter remains long the stock at ~$23. Looking at the big picture, the payments industry continues to grow, with volumes up 12% globally YoY, and FDC continues its transition from industry laggard to leader. With the potential for the company to generate $2/share of earnings in 2020, the risk/reward remains favorable.

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Idea Discussion

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