Several brokerages have updated their recommendations and price targets on shares of Global Payments (NYSE: GPN) in the last few weeks:
- 2/18/2025 – Global Payments had its price target lowered by analysts at Barclays PLC from $135.00 to $125.00. They now have an “overweight” rating on the stock.
- 2/18/2025 – Global Payments had its price target lowered by analysts at Citigroup Inc. from $138.00 to $135.00. They now have a “buy” rating on the stock.
- 2/14/2025 – Global Payments had its price target lowered by analysts at Morgan Stanley from $166.00 to $163.00. They now have an “overweight” rating on the stock.
- 2/14/2025 – Global Payments had its price target lowered by analysts at Bank of America Co. from $156.00 to $149.00. They now have a “buy” rating on the stock.
- 1/23/2025 – Global Payments was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
- 1/15/2025 – Global Payments was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
- 1/10/2025 – Global Payments was downgraded by analysts at Stephens from an “overweight” rating to an “equal weight” rating. They now have a $120.00 price target on the stock, down previously from $125.00.
- 1/9/2025 – Global Payments had its “neutral” rating reaffirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $122.00 price target on the stock, down previously from $155.00.
- 1/3/2025 – Global Payments was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
- 12/25/2024 – Global Payments was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
Global Payments Stock Performance
NYSE GPN opened at $106.59 on Thursday. The stock has a 50-day simple moving average of $110.36 and a two-hundred day simple moving average of $108.77. The firm has a market capitalization of $27.13 billion, a P/E ratio of 17.25, a PEG ratio of 0.79 and a beta of 1.01. Global Payments Inc. has a fifty-two week low of $91.60 and a fifty-two week high of $140.38. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 0.97.
Global Payments (NYSE:GPN – Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The business services provider reported $2.84 earnings per share for the quarter, missing analysts’ consensus estimates of $2.98 by ($0.14). Global Payments had a net margin of 15.54% and a return on equity of 12.21%. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.31 billion. On average, equities analysts forecast that Global Payments Inc. will post 12.08 earnings per share for the current year.
Global Payments Announces Dividend
Insider Activity
In other Global Payments news, Director Robert H. B. Baldwin, Jr. bought 5,800 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average cost of $116.00 per share, for a total transaction of $672,800.00. Following the transaction, the director now directly owns 42,738 shares of the company’s stock, valued at approximately $4,957,608. The trade was a 15.70 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.98% of the company’s stock.
Institutional Investors Weigh In On Global Payments
Institutional investors have recently bought and sold shares of the company. Cromwell Holdings LLC acquired a new stake in Global Payments in the 3rd quarter worth about $25,000. Beaird Harris Wealth Management LLC acquired a new stake in Global Payments in the 3rd quarter worth about $25,000. Optiver Holding B.V. acquired a new stake in Global Payments in the 4th quarter worth about $28,000. Capital Performance Advisors LLP acquired a new stake in Global Payments in the 3rd quarter worth about $33,000. Finally, Whipplewood Advisors LLC acquired a new stake in Global Payments in the 4th quarter worth about $37,000. 89.76% of the stock is currently owned by institutional investors and hedge funds.
Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.
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