Global Payments Inc. (NYSE:GPN) Stock Has Average Price Target of $95.86 According to Analysts

Key Points

• Analysts maintain a “Hold” consensus on Global Payments, with 17 holds, 12 buys, and 3 sells among 32 brokerages. The average 12-month price target is $95.86, compared with the stock’s reported price of $83.71.
• Institutional investors and hedge funds own approximately 89.76% of the company, with several firms significantly increasing their positions during the third quarter.
• Global Payments exceeded quarterly EPS expectations, reporting $3.46 versus the $3.44 consensus, while revenue rose 68.6% year over year to $3.16 billion. The company also pays a quarterly dividend of $0.25 per share, representing a 1.2% yield.

Global Payments Inc. (NYSE:GPN - Get Free Report) has earned a consensus recommendation of "Hold" from the thirty-two brokerages that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and twelve have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $95.86.

A number of research analysts recently weighed in on GPN shares. BMO Capital Markets reissued a "market perform" rating and issued a $83.00 price objective on shares of Global Payments in a research note on Thursday, August 6th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $106.00 target price (up from $102.00) on shares of Global Payments in a research report on Monday, August 31st. Truist Financial increased their price target on Global Payments from $79.00 to $95.00 and gave the company a "hold" rating in a report on Tuesday, August 25th. TD Cowen increased their price target on Global Payments from $90.00 to $95.00 and gave the company a "hold" rating in a report on Wednesday, August 26th. Finally, Morgan Stanley reissued an "overweight" rating and issued a $103.00 price target on shares of Global Payments in a research report on Thursday, August 6th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. TD Waterhouse Canada Inc. increased its stake in shares of Global Payments by 6,998.0% in the third quarter. TD Waterhouse Canada Inc. now owns 3,549 shares of the business services provider's stock worth $285,000 after purchasing an additional 3,499 shares during the period. Assenagon Asset Management S.A. boosted its stake in Global Payments by 550.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 182,162 shares of the business services provider's stock valued at $14,877,000 after purchasing an additional 154,173 shares during the period. Nvwm LLC acquired a new stake in Global Payments in the 3rd quarter valued at approximately $41,000. Mather Group LLC. grew its holdings in Global Payments by 25.2% in the 3rd quarter. Mather Group LLC. now owns 622 shares of the business services provider's stock valued at $51,000 after buying an additional 125 shares during the last quarter. Finally, Fortitude Family Office LLC grew its holdings in Global Payments by 365.7% in the 3rd quarter. Fortitude Family Office LLC now owns 624 shares of the business services provider's stock valued at $51,000 after buying an additional 490 shares during the last quarter. 89.76% of the stock is currently owned by institutional investors and hedge funds.

Global Payments Stock Down 0.5%

Shares of Global Payments stock opened at $83.71 on Friday. The firm has a market cap of $22.15 billion, a price-to-earnings ratio of -28.09, a P/E/G ratio of 0.46 and a beta of 0.80. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82. Global Payments has a 52-week low of $61.16 and a 52-week high of $95.88. The stock has a 50-day simple moving average of $87.41 and a 200-day simple moving average of $77.63.

Global Payments (NYSE:GPN - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.02. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.16 billion. During the same quarter in the previous year, the business earned $3.10 EPS. Global Payments's quarterly revenue was up 68.6% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. On average, equities research analysts expect that Global Payments will post 13.64 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, September 11th. Global Payments's dividend payout ratio is currently -33.56%.

Global Payments Company Profile

Global Payments Inc NYSE: GPN is a payments technology and software company that provides payment processing and related services to merchants, financial institutions and other organizations. Its offerings help businesses accept payments through credit cards, debit cards, digital wallets and other channels, both in physical locations and online.

The company provides point-of-sale systems, payment processing, commerce software, fraud prevention, analytics and other business-management tools.

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