Global Payments Inc. (NYSE:GPN) Stock Now Rated “Hold” by Sell-Side Analysts

Global Payments Inc. (NYSE:GPN) has been given a consensus rating of “Hold” by the thirty-two ratings firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, sixteen have given a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $95.87.

A number of equities analysts have recently weighed in on GPN shares. BMO Capital Markets reaffirmed a “market perform” rating and issued a $83.00 target price on shares of Global Payments in a report on Thursday, August 6th. Keefe, Bruyette & Woods lifted their price target on Global Payments from $76.00 to $95.00 and gave the stock a “market perform” rating in a report on Thursday, August 6th. Loop Capital began coverage on Global Payments in a research report on Thursday, September 24th. They issued a “buy” rating and a $137.00 price objective on the stock. Barclays set a $89.00 price objective on Global Payments and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Finally, Argus set a $110.00 target price on Global Payments and gave the company a “buy” rating in a research report on Thursday, August 6th.

Global Payments Stock Down 3.5%

Shares of GPN traded down $3.00 during trading hours on Friday, reaching $82.88. 1,991,572 shares of the stock traded hands, compared to its average volume of 1,976,173. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.90. The stock has a fifty day simple moving average of $86.90 and a 200 day simple moving average of $78.30. Global Payments has a 52 week low of $61.16 and a 52 week high of $95.88. The company has a market cap of $21.93 billion, a price-to-earnings ratio of -27.81, a PEG ratio of 0.42 and a beta of 0.80.

Global Payments (NYSE:GPN) last issued its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.44 by $0.02. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.16 billion. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The firm’s quarterly revenue was up 68.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. On average, equities analysts forecast that Global Payments will post 13.64 EPS for the current year.

Global Payments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, September 11th. Global Payments’s payout ratio is -33.56%.

Hedge Funds Weigh In On Global Payments

Several institutional investors have recently added to or reduced their stakes in GPN. Gtcr LLC purchased a new position in Global Payments during the first quarter valued at approximately $2,911,939,000. Pzena Investment Management LLC purchased a new stake in Global Payments in the 2nd quarter worth approximately $848,344,000. Dimensional Fund Advisors LP lifted its stake in Global Payments by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,117,172 shares of the business services provider’s stock worth $142,478,000 after purchasing an additional 23,293 shares in the last quarter. Deutsche Bank AG purchased a new stake in Global Payments in the 2nd quarter worth approximately $138,781,000. Finally, Legal & General Group Plc bought a new position in Global Payments in the 2nd quarter valued at $120,036,000. Institutional investors own 89.76% of the company’s stock.

About Global Payments

Global Payments Inc (NYSE:GPN) is a financial technology and payments company that provides software and payment solutions to businesses, financial institutions and other organizations. Its services help merchants accept payments through credit cards, debit cards, digital wallets and other electronic methods across in-store, online and mobile channels.

The company offers payment processing, point-of-sale technology, commerce management software, payment security and reporting tools. Its solutions are used in industries including retail, restaurants, hospitality, healthcare, education and government.