Global Payments (GPN) to Release Quarterly Earnings on Wednesday
Global Payments (NYSE:GPN) is scheduled to be announcing its Q2 earnings results after the market closes on Wednesday, January 8th. Investors interested in listening to the company’s conference call can do so using this link.
Global Payments (NYSE:GPN) opened at 65.29 on Tuesday. Global Payments has a 1-year low of $43.73 and a 1-year high of $67.22. The stock has a 50-day moving average of $63.47 and a 200-day moving average of $54.37. The company has a market cap of $4.759 billion and a price-to-earnings ratio of 21.94.
A number of research firms have recently commented on GPN. Analysts at Evercore Partners raised their price target on shares of Global Payments from $64.00 to $72.00 in a research note to investors on Monday. On the ratings front, analysts at Buckingham Research initiated coverage on shares of Global Payments in a research note to investors on Monday, December 23rd. They set a “neutral” rating on the stock. Finally, analysts at Nomura downgraded shares of Global Payments from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, December 18th. They now have a $66.00 price target on the stock, up previously from $57.00. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $58.06.
Global Payments Inc (NYSE:GPN) is a provider of electronic payments transaction processing services for consumers, merchants, independent sales organizations (ISOs), financial institutions, government agencies and multi-national corporations located throughout the United States, Canada, the United Kingdom, Spain, the Asia-Pacific region, the Czech Republic, and the Russian Federation.
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