Global Payments Inc. (NYSE:GPN) Receives Average Rating of "Hold" from Brokerages

Key Points

• Global Payments has a consensus “Hold” rating among 26 brokerages: 19 rate it Hold, four Buy and three Sell. The average 12-month price target is $83.46.
• Recent analyst actions have remained cautious, with price targets including $80 from Stephens, $76 from BMO Capital Markets and $95 from Argus after a reduction from $100; Wall Street Zen also downgraded the stock to Hold.
• Global Payments reported quarterly EPS of $2.96, beating estimates of $2.82, while revenue rose 63.1% year over year to $2.86 billion. Institutional investors own 89.76% of the company, and shares recently traded at $84.22.

Global Payments Inc. (NYSE:GPN - Get Free Report) has received a consensus rating of "Hold" from the twenty-six brokerages that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, nineteen have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $83.4583.

Several research firms have issued reports on GPN. Stephens set a $80.00 target price on shares of Global Payments and gave the company an "equal weight" rating in a research note on Thursday, May 7th. BMO Capital Markets began coverage on shares of Global Payments in a research note on Tuesday, April 21st. They issued a "market perform" rating and a $76.00 price target for the company. BTIG Research reissued a "neutral" rating on shares of Global Payments in a report on Tuesday, June 9th. Argus decreased their price objective on shares of Global Payments from $100.00 to $95.00 in a report on Friday, May 8th. Finally, Wall Street Zen downgraded shares of Global Payments from a "buy" rating to a "hold" rating in a research report on Saturday, May 30th.

Institutional Investors Weigh In On Global Payments

A number of hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new stake in shares of Global Payments in the fourth quarter worth $725,000. Caxton Associates LLP bought a new position in Global Payments in the first quarter valued at about $243,000. Intech Investment Management LLC boosted its position in Global Payments by 43.5% in the first quarter. Intech Investment Management LLC now owns 14,462 shares of the business services provider's stock worth $1,416,000 after purchasing an additional 4,386 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in Global Payments by 7.3% in the second quarter. Daiwa Securities Group Inc. now owns 41,577 shares of the business services provider's stock worth $3,327,000 after purchasing an additional 2,840 shares during the last quarter. Finally, AXA S.A. boosted its position in Global Payments by 236.6% in the second quarter. AXA S.A. now owns 28,622 shares of the business services provider's stock worth $2,291,000 after purchasing an additional 20,119 shares during the last quarter. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

Global Payments Stock Up 0.2%

GPN stock opened at $84.22 on Monday. The stock has a market capitalization of $23.04 billion, a P/E ratio of -41.28, a P/E/G ratio of 0.47 and a beta of 0.74. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.79. Global Payments has a 1-year low of $61.16 and a 1-year high of $90.64. The business has a fifty day moving average price of $73.83 and a 200-day moving average price of $72.24.

Global Payments (NYSE:GPN - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, beating the consensus estimate of $2.82 by $0.14. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The company had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.81 billion. During the same period last year, the firm posted $2.82 earnings per share. Global Payments's revenue was up 63.1% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities analysts forecast that Global Payments will post 13.81 earnings per share for the current fiscal year.

About Global Payments

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.

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