Global Payments Inc. (NYSE:GPN) Receives $91.52 Consensus Target Price from Analysts

Shares of Global Payments Inc. (NYSE:GPNGet Free Report) have earned a consensus recommendation of “Hold” from the twenty-four analysts that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $91.5238.

Several research analysts have recently weighed in on the stock. Jefferies Financial Group dropped their target price on shares of Global Payments from $85.00 to $75.00 and set a “hold” rating on the stock in a research report on Monday, November 24th. Evercore reduced their price target on shares of Global Payments from $90.00 to $85.00 in a research report on Tuesday, November 11th. Keefe, Bruyette & Woods lifted their price objective on shares of Global Payments from $87.00 to $90.00 and gave the stock a “market perform” rating in a research report on Thursday, February 19th. BNP Paribas Exane lifted their price objective on shares of Global Payments from $73.00 to $76.00 and gave the stock an “underperform” rating in a research report on Thursday, February 19th. Finally, Rothschild & Co Redburn increased their target price on Global Payments from $65.00 to $70.00 and gave the company a “sell” rating in a report on Wednesday, December 3rd.

Read Our Latest Research Report on GPN

Global Payments Trading Down 2.4%

NYSE:GPN opened at $76.39 on Friday. The stock has a fifty day simple moving average of $75.32 and a 200 day simple moving average of $79.94. The firm has a market capitalization of $21.38 billion, a price-to-earnings ratio of 13.19, a price-to-earnings-growth ratio of 0.42 and a beta of 0.73. Global Payments has a 1-year low of $65.93 and a 1-year high of $101.32. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.83.

Global Payments (NYSE:GPNGet Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $0.02. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The firm had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the previous year, the company earned $2.85 EPS. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Sell-side analysts forecast that Global Payments will post 11.89 earnings per share for the current year.

Global Payments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 9th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, March 9th. Global Payments’s payout ratio is presently 17.27%.

Insider Activity

In other Global Payments news, Director Robert H. B. Baldwin, Jr. acquired 10,392 shares of Global Payments stock in a transaction that occurred on Thursday, December 11th. The stock was purchased at an average cost of $81.42 per share, with a total value of $846,116.64. Following the purchase, the director owned 59,303 shares in the company, valued at approximately $4,828,450.26. The trade was a 21.25% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP David M. Sheffield sold 2,016 shares of Global Payments stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $81.41, for a total value of $164,122.56. Following the transaction, the executive vice president directly owned 14,438 shares in the company, valued at approximately $1,175,397.58. This trade represents a 12.25% decrease in their position. The SEC filing for this sale provides additional information. 1.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strive Financial Group LLC purchased a new stake in Global Payments in the 4th quarter worth approximately $25,000. North Star Investment Management Corp. grew its holdings in shares of Global Payments by 242.2% during the 3rd quarter. North Star Investment Management Corp. now owns 308 shares of the business services provider’s stock valued at $26,000 after acquiring an additional 218 shares in the last quarter. DV Equities LLC acquired a new position in shares of Global Payments in the fourth quarter worth $26,000. Root Financial Partners LLC acquired a new position in shares of Global Payments in the third quarter worth $27,000. Finally, SouthState Bank Corp purchased a new stake in shares of Global Payments during the third quarter worth $28,000. 89.76% of the stock is owned by hedge funds and other institutional investors.

About Global Payments

(Get Free Report)

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.

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Analyst Recommendations for Global Payments (NYSE:GPN)

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