Several analysts have recently updated their ratings and price targets for Global Payments (NYSE: GPN):

  • 10/2/2017 – Global Payments is now covered by analysts at Buckingham Research. They set a “buy” rating and a $113.00 price target on the stock.
  • 9/28/2017 – Global Payments had its price target raised by analysts at Robert W. Baird from $106.00 to $110.00. They now have an “outperform” rating on the stock.
  • 9/22/2017 – Global Payments is now covered by analysts at KeyCorp. They set an “overweight” rating and a $110.00 price target on the stock.
  • 9/22/2017 – Global Payments had its “ourperform” rating reaffirmed by analysts at William Blair.
  • 9/12/2017 – Global Payments is now covered by analysts at Bank of America Corporation. They set a “buy” rating and a $110.00 price target on the stock.
  • 9/12/2017 – Global Payments had its price target raised by analysts at J P Morgan Chase & Co from $106.00 to $107.00. They now have an “overweight” rating on the stock.
  • 9/8/2017 – Global Payments had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $102.00 price target on the stock.
  • 9/6/2017 – Global Payments had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $103.00 price target on the stock.
  • 9/5/2017 – Global Payments had its “outperform” rating reaffirmed by analysts at Credit Suisse Group.
  • 9/5/2017 – Global Payments had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $106.00 price target on the stock.
  • 8/26/2017 – Global Payments was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 8/4/2017 – Global Payments had its price target lowered by analysts at Royal Bank Of Canada from $103.00 to $90.00. They now have an “outperform” rating on the stock.
  • 8/4/2017 – Global Payments had its price target raised by analysts at Barclays PLC from $98.00 to $105.00. They now have an “overweight” rating on the stock.
  • 8/4/2017 – Global Payments was downgraded by analysts at Compass Point from a “buy” rating to a “neutral” rating. They now have a $96.00 price target on the stock, up previously from $95.72.
  • 8/4/2017 – Global Payments was upgraded by analysts at Wells Fargo & Company from a “market perform” rating to an “outperform” rating. They now have a $110.00 price target on the stock, up previously from $90.00.
  • 8/4/2017 – Global Payments had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $103.00 price target on the stock, up previously from $102.00.

Global Payments Inc. (NYSE GPN) traded up 0.51% during trading on Tuesday, hitting $96.62. 1,133,363 shares of the company traded hands. Global Payments Inc. has a 12-month low of $64.63 and a 12-month high of $98.14. The company has a market capitalization of $14.73 billion, a P/E ratio of 74.96 and a beta of 1.11. The stock has a 50 day moving average price of $95.23 and a 200 day moving average price of $89.50.

Global Payments (NYSE:GPN) last announced its quarterly earnings data on Thursday, August 3rd. The business services provider reported $0.94 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.07. The business had revenue of $847.90 million for the quarter, compared to analysts’ expectations of $837.76 million. Global Payments had a return on equity of 18.32% and a net margin of 6.65%. The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.76 EPS. On average, equities analysts anticipate that Global Payments Inc. will post $3.95 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.04 dividend on an annualized basis and a yield of 0.04%. Global Payments’s dividend payout ratio is presently 2.45%.

In other news, Director Robert H. B. Baldwin, Jr. sold 4,200 shares of the firm’s stock in a transaction on Wednesday, July 12th. The stock was sold at an average price of $89.87, for a total value of $377,454.00. Following the completion of the transaction, the director now directly owns 195,477 shares of the company’s stock, valued at $17,567,517.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William I. Jacobs sold 600 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $98.00, for a total value of $58,800.00. Following the completion of the transaction, the director now directly owns 40,075 shares of the company’s stock, valued at $3,927,350. The disclosure for this sale can be found here. Insiders sold 141,749 shares of company stock valued at $13,421,277 in the last quarter. Corporate insiders own 0.93% of the company’s stock.

Global Payments Inc is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company’s segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services.

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