Congrats to Frank and team, created an $80billion market cap and not even in the job a year. Can’t wait for year two!!
11 replies (most recent on top)
Stock buybacks will do that.
Stock will only continue to grow. Enjoy the ride
Take a look at First Data's EBITDA numbers and ranking for 2019. .
https://csimarket.com/stocks/singleProfitabilityRatios.php?code=FDC&ebit
@2yfy+1aafiMqH FB doesn’t put money back into the business. He just takes from his employees to cover his business investment goals. Look at what he did in 2020. He did a stock buyback of 2billion, which is the same thing Yabuki did. The only difference is that FB slashed employee benefits to fund advertising expenses for things like Nascar. The First data growth was meager compared to Fiserv, but the merger with Fiserv boosted the FD stocks in Jan of 2019 due to the hype. The actual percentage growth was about 2-3% according to what found starting in 2019, and expected organic growth in 2019 was 5-6%. I can’t find anything in 2019 that shows that this growth actually occurred before the merger with Fiserv.
https://www.businesswire.com/news/home/20190116005377/en/First-Data-Reports-Preliminary-Fourth-Quarter-and-Full-Year-2018-Financial-Results-and-Preliminary-2019-Full-Year-Guidance#:~:text=For%20the%20full%20year%202018,diluted%20share%20of%20approximately%20%241.41.
Does this mean we get 401k matching back? And backdated for last year?
Ofd at time of merger was growing at 6-8% whereas ofs was growing at 3-4%, that’s concise analysis my friend. Board figured out yabukee was using cash flow for share by backs...not investing in the business...that’s why Frank is ceo and jeff is not, how’s that for concise analysis?
I see great potential here for FB to undo all the good work of Yabuki as noted in a concise analysis. Fiserv has been eaten alive and do not doubt that more layoffs are coming as FB hates Work from Home. Offices will close, workers forced to either commute to a regional hub or, well, find another place to work.
Congrats to Yabuki for putting Fiserv is a great position for the future. The Fiserv stock used to outperform the index by about 10-15% for the past 10 years prior to the 2019 merger. The stocks EPS is half of what it has been since FB took command in late 2019. Fiserv has had an increased number of volume to short the stock. Investor confidence seems to be lacking, especially since the XLK went up during March, and Fiserv used to go with it. Frank has been in the position for 2 years now, and the fruits of his labor are starting to show.
Fiserv EPS for the twelve months ending December 31, 2020 was $1.40, a 18.13% decline year-over-year.
Fiserv 2020 annual EPS was $1.4, a 18.13% decline from 2019.
Fiserv 2019 annual EPS was $1.71, a 40.42% decline from 2018.
https://www.macrotrends.net/stocks/charts/FISV/fiserv/eps-earnings-per-share-diluted
Congrats to Frank and team for riding on the coattails of previous leadership and then shamelessly trying to take credit for their work. Thanks to previous leadership, the stage was set for success; unfortunately, Frank and co. are eroding aforementioned progress and will eventually drive the company straight into the friggin' ground. Sell the stock for a profit while you still can.
Best thing about share dilution. Market cap keeps getting higher, but the stock price stays the same.
Alright, alright, alright.
That’s right!!!! Ready to roll now !!!