Global Payments (NYSE:GPN) Updates FY 2025 Earnings Guidance

Key Points

• Global Payments has updated its FY 2025 earnings guidance, projecting an EPS of $12.82, exceeding the consensus estimate of $12.09, and expects revenues between $9.6 billion and $9.7 billion compared to an estimate of $9.3 billion.
• Despite a recent decline in share price, analysts maintain a generally positive outlook, with a consensus rating of "Hold" and a target price of $111.65.
• Institutional investors hold a significant majority of shares (89.76%) in Global Payments, with notable stakes recently acquired by several hedge funds.

Global Payments (NYSE:GPN - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 12.820-12.820 for the period, compared to the consensus EPS estimate of 12.099. The company issued revenue guidance of $9.6 billion-$9.7 billion, compared to the consensus revenue estimate of $9.3 billion.

Global Payments Price Performance

Shares of NYSE GPN traded down $1.11 during midday trading on Thursday, reaching $84.43. The company's stock had a trading volume of 277,142 shares, compared to its average volume of 2,798,670. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.94 and a current ratio of 0.94. Global Payments has a fifty-two week low of $65.93 and a fifty-two week high of $120.00. The business's 50 day moving average price is $79.56 and its two-hundred day moving average price is $88.15. The company has a market cap of $20.59 billion, a P/E ratio of 13.66, a P/E/G ratio of 0.75 and a beta of 0.93.

Global Payments (NYSE:GPN - Get Free Report) last posted its earnings results on Wednesday, August 6th. The business services provider reported $3.10 earnings per share for the quarter, topping analysts' consensus estimates of $3.06 by $0.04. Global Payments had a net margin of 15.48% and a return on equity of 12.33%. The firm had revenue of $2.36 billion for the quarter, compared to analysts' expectations of $2.36 billion. During the same quarter in the previous year, the firm posted $2.93 earnings per share. The company's revenue was up 1.6% on a year-over-year basis. On average, analysts forecast that Global Payments will post 11.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GPN. Citigroup reissued a "buy" rating on shares of Global Payments in a research note on Monday, April 21st. Robert W. Baird decreased their price target on Global Payments from $145.00 to $100.00 and set an "outperform" rating for the company in a report on Monday, April 21st. Wolfe Research reiterated a "peer perform" rating on shares of Global Payments in a report on Wednesday, April 23rd. Williams Trading set a $75.00 price target on Global Payments in a report on Friday, April 18th. Finally, Wall Street Zen upgraded shares of Global Payments from a "hold" rating to a "buy" rating in a research note on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Global Payments has a consensus rating of "Hold" and a consensus target price of $111.65.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caxton Associates LLP purchased a new position in Global Payments during the first quarter valued at $243,000. Intech Investment Management LLC lifted its holdings in Global Payments by 43.5% during the 1st quarter. Intech Investment Management LLC now owns 14,462 shares of the business services provider's stock valued at $1,416,000 after buying an additional 4,386 shares in the last quarter. Finally, Brighton Jones LLC bought a new stake in Global Payments during the 4th quarter valued at about $725,000. Institutional investors own 89.76% of the company's stock.

Global Payments Company Profile

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.

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