Stock Buzzer: F D C Ltd (Parent) Can’t Burn Your Long Portfolio. Has Another Strong Session

Stock Buzzer: F D C Ltd (Parent) Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of F D C Ltd (Parent) (NSE:FDC) is a huge mover today! The stock increased 3.68% or INR 7.9 on October 3, hitting INR 222.5. F D C Ltd (Parent) (NSE:FDC) has risen 13.82% since March 4, 2016 and is uptrending. It has outperformed by 1.60% the S&P500.
The move comes after 9 months positive chart setup for the $39.32 billion company. It was reported on Oct, 3 by Barchart.com. We have $358.23 PT which if reached, will make NSE:FDC worth $23.99 billion more.

Analysts await F D C Ltd (Parent) (NSE:FDC) to report earnings on November, 7. FDC’s profit will be $49.48M for 198.66 P/E if the $0.28 EPS becomes a reality. After $0.29 actual EPS reported by F D C Ltd (Parent) for the previous quarter, Wall Street now forecasts -3.45% negative EPS growth.

According to Zacks Investment Research, “First Data Corporation is a commerce-enabling technology and solutions company. It provides merchant transaction processing and acquiring; credit, retail and debit card issuing and processing; prepaid services and check verification, settlement and guarantee services. First Data Corporation is headquartered in Atlanta, Georgia.”

FDC Company Profile

First Data Corporation, incorporated on April 7, 1989, is an electronic commerce company. The Firm is a merchant acquirer, issuer processor and independent network services provider, which enables businesses to accept electronic payments, helping financial institutions issue credit, debit and prepaid cards, and routing secure transactions between them. The Company’s divisions include Global Business Solutions (GBS), Global Financial Solutions (GFS), Network & Security Solutions (NSS), and Corporate. The Company’s Corporate segment’s activities include corporate-wide governance functions, such as the Company’s executive management team, aviation, tax, treasury, internal audit, corporate strategy, and certain accounting, human resources and legal costs related to supporting the corporate function.

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