Equities research analysts expect that Global Payments Inc (NYSE:GPN) will post $1.05 earnings per share (EPS) for the current quarter, according to Zacks. Eleven analysts have issued estimates for Global Payments’ earnings. The lowest EPS estimate is $1.02 and the highest is $1.08. The company is scheduled to announce its next earnings report on Monday, January 1st.

On average, analysts expect that Global Payments will report full-year earnings of $3.99 per share for the current year, with EPS estimates ranging from $3.96 to $4.02. For the next financial year, analysts expect that the business will post earnings of $4.70 per share, with EPS estimates ranging from $4.61 to $4.80. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Global Payments.

Global Payments (NYSE:GPN) last posted its earnings results on Wednesday, November 8th. The business services provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.12. Global Payments had a net margin of 7.14% and a return on equity of 18.50%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $917.31 million. During the same period last year, the business posted $0.89 EPS. Global Payments’s revenue was up 9.1% compared to the same quarter last year.

Several analysts have issued reports on the stock. Nomura restated a “sell” rating and issued a $83.00 price target on shares of Global Payments in a research report on Monday, October 16th. Morgan Stanley raised their price target on shares of Global Payments from $98.00 to $106.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 2nd. Royal Bank of Canada restated an “outperform” rating and issued a $108.00 price target (up from $103.00) on shares of Global Payments in a research report on Thursday, November 9th. Zacks Investment Research lowered shares of Global Payments from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, BMO Capital Markets raised their price target on shares of Global Payments from $103.00 to $115.00 and gave the stock a “positive” rating in a research report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-one have given a buy rating to the stock. Global Payments presently has a consensus rating of “Buy” and an average price target of $107.79.

In other news, Director Alan M. Silberstein sold 600 shares of Global Payments stock in a transaction dated Wednesday, October 18th. The shares were sold at an average price of $97.69, for a total transaction of $58,614.00. Following the sale, the director now directly owns 46,093 shares in the company, valued at approximately $4,502,825.17. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders have sold 3,000 shares of company stock worth $299,082. 0.93% of the stock is owned by company insiders.

Several institutional investors have recently modified their holdings of the company. Atria Investments LLC boosted its position in shares of Global Payments by 32.4% during the 4th quarter. Atria Investments LLC now owns 4,609 shares of the business services provider’s stock valued at $462,000 after acquiring an additional 1,128 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in Global Payments by 30.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 164,154 shares of the business services provider’s stock valued at $15,600,000 after purchasing an additional 38,314 shares during the last quarter. GSA Capital Partners LLP bought a new position in Global Payments during the 3rd quarter valued at about $236,000. IFM Investors Pty Ltd bought a new position in Global Payments during the 3rd quarter valued at about $393,000. Finally, TT International lifted its holdings in Global Payments by 29.2% during the 3rd quarter. TT International now owns 105,283 shares of the business services provider’s stock valued at $10,005,000 after purchasing an additional 23,780 shares during the last quarter. Institutional investors and hedge funds own 98.82% of the company’s stock.

Global Payments (GPN) traded down $0.74 during trading hours on Tuesday, reaching $103.26. 843,400 shares of the company were exchanged, compared to its average volume of 1,016,700. Global Payments has a 1-year low of $75.88 and a 1-year high of $106.52. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.27. The firm has a market cap of $16,670.00, a price-to-earnings ratio of 58.67, a PEG ratio of 1.60 and a beta of 1.11.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were given a dividend of $0.01 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.04 annualized dividend and a dividend yield of 0.04%. Global Payments’s dividend payout ratio (DPR) is currently 2.27%.

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Global Payments Company Profile

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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