Global Payments Inc. (NYSE:GPN) Given Average Rating of “Hold” by Analysts

Global Payments Inc. (NYSE:GPN) has been assigned a consensus rating of “Hold” from the twenty-four research firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $91.5238.

Several equities analysts recently weighed in on the stock. TD Cowen restated a “hold” rating on shares of Global Payments in a research report on Thursday, February 19th. Rothschild & Co Redburn boosted their target price on shares of Global Payments from $65.00 to $70.00 and gave the company a “sell” rating in a research note on Wednesday, December 3rd. Stephens decreased their price target on shares of Global Payments from $95.00 to $90.00 and set an “equal weight” rating for the company in a research note on Friday, January 16th. Wells Fargo & Company upped their price objective on Global Payments from $103.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Finally, JPMorgan Chase & Co. reduced their price objective on Global Payments from $95.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, February 12th.

Global Payments Stock Performance

Shares of GPN opened at $78.32 on Friday. The stock has a 50 day moving average of $75.40 and a 200 day moving average of $80.09. The company has a market capitalization of $21.92 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 0.43 and a beta of 0.73. Global Payments has a 12 month low of $65.93 and a 12 month high of $101.32. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.83.

Global Payments (NYSE:GPN) last announced its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $0.02. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the company earned $2.85 EPS. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, sell-side analysts forecast that Global Payments will post 11.89 earnings per share for the current year.

Global Payments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 9th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.00 annualized dividend and a yield of 1.3%. Global Payments’s dividend payout ratio (DPR) is 17.27%.

Insider Transactions at Global Payments

In other Global Payments news, EVP David M. Sheffield sold 2,016 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $81.41, for a total transaction of $164,122.56. Following the sale, the executive vice president directly owned 14,438 shares of the company’s stock, valued at $1,175,397.58. This represents a 12.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert H. B. Baldwin, Jr. bought 10,392 shares of Global Payments stock in a transaction dated Thursday, December 11th. The stock was acquired at an average price of $81.42 per share, with a total value of $846,116.64. Following the purchase, the director directly owned 59,303 shares of the company’s stock, valued at approximately $4,828,450.26. This represents a 21.25% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.01% of the company’s stock.

Institutional Investors Weigh In On Global Payments

Several institutional investors have recently made changes to their positions in the stock. Independent Advisor Alliance boosted its position in Global Payments by 260.5% during the 3rd quarter. Independent Advisor Alliance now owns 29,446 shares of the business services provider’s stock valued at $2,446,000 after acquiring an additional 21,278 shares in the last quarter. BIP Wealth LLC raised its position in shares of Global Payments by 151.6% in the 3rd quarter. BIP Wealth LLC now owns 30,103 shares of the business services provider’s stock worth $2,501,000 after acquiring an additional 18,138 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Global Payments in the 3rd quarter valued at approximately $905,000. HB Wealth Management LLC boosted its position in shares of Global Payments by 213.9% during the third quarter. HB Wealth Management LLC now owns 36,861 shares of the business services provider’s stock valued at $3,062,000 after purchasing an additional 25,118 shares in the last quarter. Finally, Saiph Capital LLC purchased a new stake in Global Payments in the second quarter worth $7,269,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.

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.