Zacks Investment Research lowered shares of First Data Corporation from a "hold" rating to a "sell" rating in a research report on Monday, September 12th. First Data Corporation now has a consensus rating of Buy and a consensus target price of $16.23. In last trade, the intraday high was $16.44, putting the share price -2.29% below its 52-week high and trades 69.01% higher from the lowest price they have traded at during the previous year. KeyCorp began coverage on First Data Corporation in a research report on Friday, December 16th. They set an "overweight" rating and a $17.00 price target on the stock. Finally, Deutsche Bank AG reissued a "buy" rating on shares of First Data Corporation in a research report on Monday, November 14th. Buy rating has been given by 10 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 9 analysts given HOLD rating. First Data Corporation presently has an average rating of "Buy" and an average price target of $15.75.
Close on the heels of First Data Corp (NYSE:FDC) reporting its December quarter results, S&P Capital IQ analyst Holt lifted his price target by $ from $16 to $18 on the stock.
Marriott International, Inc. (MAR) recently recorded 1.79 percent change and now at $89.46 is 48.18 percent away from its 52-week low and down 1.76 percent versus its peak. With an institutional ownership near 65.5%, it carries an earnings per share ratio of 2.83. The stock recovered 70.7% since its low point and has performed 2.67% year-to-date. The share price has moved forward from its 20 days moving average, trading at a distance of 3.85% and stays 7.4% away from its 50 days moving average.
CBC 'Vinyl Cafe' Host Stuart McLean Dies At 68
The radio show, written and hosted by McLean, featured folksy yarns about Dave, owner of a second hand record store, and his wife. He was upbeat about his cancer setback last December and told fans in an online message that he expected to return to work.
When the current quarter ends, Wall Street expects First Data Corporation to have earnings per share of $0.29. The company reported $0.39 EPS for the quarter, beating the analyst consensus estimate by $ 0.03.
Average Revenue Estimate for the current quarter is $1.73 Billion, according to consensus forecast of 20 analysts.
First Data Corporation Gross Margin percentage stands at 43.1% while its Operating Margin for trailing twelve month is 1.7 percent and Profit margin (ttm) is -8.5 Percent. Total segment revenue was $1.8 billion for the quarter, flat over the prior year period, or up 3% excluding the impacts from currency and divestiture of the Australian ATM business that occurred in the third quarter of 2016. Analysts anticipate that First Data Corporation will post $1.52 earnings per share for the current fiscal year.
Bayern, Madrid build strong leads in Champions League
The second longest-serving manager in the history of the Premier League, Wenger is out of contract at the end of the season. He says he will still be managing next season so I am assuming that to mean he will still be at Arsenal .
A number of institutional investors have recently added to or reduced their stakes in the stock. Roystone Capital Management LP acquired a new position in First Data Corporation during the second quarter worth about $22,164,000. This showed the surprise of 8.3% in the last quarter earnings. JPMorgan Chase & Co. now owns 4,306,853 shares of the company's stock worth $56,679,000 after buying an additional 2,779,130 shares during the last quarter. Edgemoor Investment Advisors Inc. boosted its stake in shares of First Data Corporation by 16.1% in the third quarter.
The counter witnessed a trading volume of 14.31 million shares versus an average volume of 6.98 million shares during last trading session.
Most Active Volume Stock: Sabre Corporation (NASDAQ:SABR)
State of New Jersey Common Pension Fund D's holdings in Sabre Corporation were worth $2,173,000 as of its most recent SEC filing. Mercer Capital Advisers Inc. purchased a new stake in shares of Sabre Corporation during the third quarter worth about $134,000.