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Global Payments Inc. (NYSE:GPN) Stock Has Average Price Target of $98.71

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Key Points

  • Analyst sentiment is mixed: 33 analysts give Global Payments an average “Hold” rating, with 17 holds, 13 buys and 3 sells. The average 12-month price target is $98.71, below the reported share price of $101.64.
  • Third-quarter results met estimates: Adjusted EPS was $3.58 and revenue was $3.18 billion; management reaffirmed its 2026 outlook and raised its Worldpay integration synergy target to $650 million.
  • Global Payments is expanding its AI-powered authentication platform with Visa’s IDX API to improve payment approvals and reduce false declines. It also announced a quarterly dividend of $0.25 per share, equivalent to a 1.0% annualized yield.
  • MarketBeat previews the top five stocks to own by December 1st.

Shares of Global Payments Inc. (NYSE:GPN - Get Free Report) have been assigned an average rating of "Hold" from the thirty-three analysts that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell recommendation, seventeen have issued a hold recommendation and thirteen have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $98.71.

Several equities analysts have weighed in on GPN shares. Mizuho set a $115.00 target price on Global Payments and gave the company an "outperform" rating in a report on Tuesday. Royal Bank Of Canada reiterated a "sector perform" rating and set a $106.00 price target (up from $102.00) on shares of Global Payments in a research note on Monday, August 31st. KeyCorp raised their price objective on Global Payments from $105.00 to $112.00 and gave the company an "overweight" rating in a research note on Friday, November 6th. Weiss Ratings upgraded Global Payments from a "sell (d)" rating to a "sell (d+)" rating in a report on Thursday, October 8th. Finally, Keefe, Bruyette & Woods upped their target price on Global Payments from $76.00 to $95.00 and gave the stock a "market perform" rating in a research report on Thursday, August 6th.

Get Our Latest Stock Report on Global Payments

Hedge Funds Weigh In On Global Payments

A number of institutional investors have recently made changes to their positions in GPN. Meeder Asset Management Inc. boosted its stake in Global Payments by 516.9% during the 3rd quarter. Meeder Asset Management Inc. now owns 438 shares of the business services provider's stock valued at $36,000 after purchasing an additional 367 shares during the period. Western Wealth Management LLC acquired a new position in Global Payments during the 1st quarter valued at $34,000. Nvwm LLC bought a new stake in Global Payments in the 3rd quarter valued at $41,000. Jacobi Capital Management LLC bought a new stake in Global Payments in the 3rd quarter valued at $47,000. Finally, Mather Group LLC. boosted 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 purchasing an additional 125 shares during the period. 89.76% of the stock is currently owned by institutional investors.

Key Stories Impacting Global Payments

Here are the key news stories impacting Global Payments this week:

Global Payments Trading Up 4.0%

NYSE:GPN opened at $101.64 on Wednesday. The stock's 50 day moving average price is $87.05 and its 200 day moving average price is $77.79. Global Payments has a 52 week low of $61.16 and a 52 week high of $102.91. The company has a market capitalization of $26.90 billion, a P/E ratio of -22.29, a P/E/G ratio of 0.48 and a beta of 0.83. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.82 and a current ratio of 0.82.

Global Payments (NYSE:GPN - Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The business services provider reported $3.58 earnings per share for the quarter, meeting the consensus estimate of $3.58. The firm had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.18 billion. Global Payments had a negative net margin of 11.21% and a positive return on equity of 14.43%. The company's revenue for the quarter was up 36.1% on a year-over-year basis. During the same quarter last year, the firm earned $3.26 earnings per share. On average, research analysts forecast that Global Payments will post 13.65 EPS for the current fiscal year.

Global Payments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 24th. Shareholders of record on Thursday, December 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, December 10th. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. Global Payments's payout ratio is currently -21.93%.

About Global Payments

(Get Free Report)

Global Payments Inc. is a payment technology and software company that helps businesses accept and manage payments. Its services support in-person, online and mobile transactions, along with point-of-sale systems and software for business operations. The company also provides technology to financial institutions and other organizations that issue payment cards. Its services include card processing, account management and related digital tools. Global Payments serves customers across a range of industries and operates internationally, with services available in many countries.

Further Reading

Analyst Recommendations for Global Payments (NYSE:GPN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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