Global Payments Inc. (NYSE:GPN) Receives $83.46 Average PT from Analysts

Global Payments Inc. (NYSE:GPN) has been assigned an average rating of “Hold” from the twenty-eight analysts that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and ten have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $90.68.

Several equities research analysts have recently issued reports on GPN shares. Zacks Research downgraded Global Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. UBS Group initiated coverage on Global Payments in a report on Thursday. They issued a “buy” rating on the stock. The Goldman Sachs Group lifted their price target on Global Payments from $82.00 to $94.00 and gave the stock a “neutral” rating in a research report on Thursday. Morgan Stanley reissued an “overweight” rating and issued a $103.00 price objective on shares of Global Payments in a research report on Thursday. Finally, Weiss Ratings downgraded shares of Global Payments from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, May 11th.

Global Payments Stock Down 1.8%

GPN opened at $86.11 on Monday. Global Payments has a twelve month low of $61.16 and a twelve month high of $90.85. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.79 and a current ratio of 0.82. The business has a 50 day moving average price of $75.16 and a 200 day moving average price of $72.66. The firm has a market cap of $22.79 billion, a P/E ratio of -28.90, a price-to-earnings-growth ratio of 0.50 and a beta of 0.74.

Global Payments (NYSE:GPN) last posted its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. Global Payments’s quarterly revenue was up 68.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.10 EPS. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Research analysts forecast that Global Payments will post 13.7 EPS for the current year.

Global Payments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, September 11th. Global Payments’s dividend payout ratio (DPR) is presently -49.02%.

Institutional Investors Weigh In On Global Payments

Institutional investors have recently added to or reduced their stakes in the company. Gtcr LLC acquired a new stake in Global Payments during the first quarter valued at approximately $2,911,939,000. Pzena Investment Management LLC bought a new position in Global Payments during the 2nd quarter valued at about $848,344,000. Glenview Capital Management LLC lifted its holdings in 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 valued at $345,524,000 after purchasing an additional 523,209 shares during the last quarter. Norges Bank acquired a new position in Global Payments in the fourth quarter valued at about $276,014,000. Finally, Northern Trust Corp grew its stake in Global Payments by 1.7% during the fourth quarter. Northern Trust Corp now owns 2,675,925 shares of the business services provider’s stock worth $207,117,000 after buying an additional 45,857 shares during the last quarter. 89.76% of the stock is owned by institutional investors and hedge funds.

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.