Global Payments (NYSE:GPN) Price Target Cut to $95.00 by Analysts at Argus

Global Payments (NYSE:GPN) had its target price reduced by Argus from $100.00 to $95.00 in a report released on Friday morning,MarketScreener reports.

A number of other research analysts also recently issued reports on the stock. TD Cowen decreased their price target on shares of Global Payments from $91.00 to $86.00 and set a “hold” rating for the company in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft assumed coverage on Global Payments in a report on Wednesday, January 14th. They issued a “hold” rating and a $80.00 target price on the stock. JPMorgan Chase & Co. cut their price target on Global Payments from $95.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, February 12th. UBS Group restated a “neutral” rating and issued a $80.00 price target on shares of Global Payments in a research note on Thursday. Finally, The Goldman Sachs Group assumed coverage on Global Payments in a research note on Monday, March 9th. They issued a “hold” rating and a $88.00 price target on the stock. Four analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Global Payments presently has a consensus rating of “Hold” and a consensus price target of $85.81.

Global Payments Trading Down 1.5%

Shares of GPN stock opened at $69.11 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.69 and a current ratio of 0.79. The stock has a market capitalization of $19.02 billion, a P/E ratio of -33.88, a price-to-earnings-growth ratio of 0.40 and a beta of 0.75. The company has a 50 day moving average price of $70.35 and a 200 day moving average price of $74.76. Global Payments has a fifty-two week low of $62.45 and a fifty-two week high of $90.64.

Global Payments (NYSE:GPN) last announced its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 earnings per share for the quarter, beating analysts’ consensus estimates of $2.82 by $0.14. The firm had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.81 billion. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The business’s quarterly revenue was up 63.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities research analysts predict that Global Payments will post 13.84 EPS for the current fiscal year.

Global Payments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, June 12th. Global Payments’s payout ratio is currently -49.02%.

Institutional Trading of Global Payments

Several institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Global Payments by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 23,542,460 shares of the business services provider’s stock worth $1,955,908,000 after buying an additional 149,441 shares during the last quarter. Pzena Investment Management LLC lifted its position in shares of Global Payments by 1.8% during the 1st quarter. Pzena Investment Management LLC now owns 11,615,577 shares of the business services provider’s stock worth $781,728,000 after buying an additional 205,880 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Global Payments by 7.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,349,876 shares of the business services provider’s stock worth $610,633,000 after buying an additional 499,695 shares during the last quarter. Glenview Capital Management LLC lifted its position in shares of Global Payments by 13.8% during the 2nd quarter. Glenview Capital Management LLC now owns 4,316,892 shares of the business services provider’s stock worth $345,524,000 after buying an additional 523,209 shares during the last quarter. Finally, Norges Bank purchased a new stake in Global Payments in the 4th quarter valued at $276,014,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.

More Global Payments News

Here are the key news stories impacting Global Payments this week:

• Positive Sentiment: Global Payments reported a Q1 earnings beat and lifted its outlook, with management guiding FY2026 EPS to $13.80-$14.00 and highlighting resilient consumer spending. Global Payments shares edge up after Q1 profit beat and outlook raise
• Positive Sentiment: The company launched a $500 million accelerated share repurchase program and said it expects $7.5 billion in capital returns through 2027, reinforcing a shareholder-friendly capital allocation story. Global Payments Launches $500 Million Accelerated Share Buyback
• Positive Sentiment: Global Payments expanded and renewed its partnership with Lightspeed DMS to power embedded payments for dealerships, which supports ongoing growth in its integrated and platforms business. Global Payments Expands Partnership with Lightspeed DMS to Power Embedded Payments for Dealerships
• Neutral Sentiment: Evercore ISI reaffirmed its Hold rating, suggesting analysts remain cautious despite the improved operating outlook. Evercore ISI Reaffirms Their Hold Rating on Global Payments (GPN)
• Neutral Sentiment: Argus lowered its price target on Global Payments to $95 from $100, but the new target still implies meaningful upside from current levels. Argus adjusts price target on Global Payments to 95 from 100
• Negative Sentiment: The company also announced a quarterly dividend, but the payout is relatively small and is unlikely to be a major near-term stock driver. Global Payments dividend announcement

Global Payments Company Profile

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.