Royal Bank Of Canada Has Lowered Expectations for Global Payments (NYSE:GPN) Stock Price

Key Points

• Royal Bank of Canada cut its price target on Global Payments from $97 to $82 and kept a "sector perform" rating, implying roughly a 24.3% upside from the stock's prior close.
• The consensus view remains a "Hold" with an average analyst target of $88.77; broker breakdown shows 1 Strong Buy, 6 Buy, 16 Hold and 2 Sell ratings.
• Shares recently traded up 5.2% to $65.98; the company reported Q results with EPS of $3.18 (beat by $0.02) and set FY2026 EPS guidance of $13.80–$14.00, with a market cap of $18.16B and a P/E of 11.38.

Global Payments (NYSE:GPN - Get Free Report) had its target price decreased by equities researchers at Royal Bank Of Canada from $97.00 to $82.00 in a research report issued to clients and investors on Wednesday, MarketBeat reports. The brokerage presently has a "sector perform" rating on the business services provider's stock. Royal Bank Of Canada's price objective indicates a potential upside of 24.29% from the stock's previous close.

GPN has been the topic of a number of other reports. Stephens reduced their price objective on Global Payments from $95.00 to $90.00 and set an "equal weight" rating on the stock in a research note on Friday, January 16th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Global Payments in a research note on Wednesday, January 14th. They issued a "hold" rating and a $80.00 target price on the stock. Zacks Research raised shares of Global Payments from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 2nd. BNP Paribas Exane lifted their target price on shares of Global Payments from $73.00 to $76.00 and gave the stock an "underperform" rating in a research note on Thursday, February 19th. Finally, Wells Fargo & Company lifted their target price on shares of Global Payments from $103.00 to $105.00 and gave the stock an "overweight" rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $88.77.

Global Payments Trading Up 5.2%

Shares of NYSE:GPN traded up $3.28 on Wednesday, reaching $65.98. 229,568 shares of the company traded hands, compared to its average volume of 3,738,601. The business's 50-day simple moving average is $71.89 and its 200 day simple moving average is $77.10. Global Payments has a 52 week low of $62.45 and a 52 week high of $90.96. The stock has a market capitalization of $18.16 billion, a P/E ratio of 11.38, a price-to-earnings-growth ratio of 0.34 and a beta of 0.76. 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 - Get Free Report) 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 for the quarter, compared to analysts' expectations of $2.32 billion. During the same period last year, the firm earned $2.85 earnings per share. The company's revenue for the quarter was up 1.4% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, equities analysts anticipate that Global Payments will post 11.89 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC lifted its position in shares of Global Payments by 39.5% in the 4th quarter. Hsbc Holdings PLC now owns 1,428,962 shares of the business services provider's stock worth $110,772,000 after purchasing an additional 404,918 shares during the period. Corient Private Wealth LLC lifted its position in shares of Global Payments by 40.7% in the 4th quarter. Corient Private Wealth LLC now owns 36,760 shares of the business services provider's stock worth $2,845,000 after purchasing an additional 10,640 shares during the period. Flax Pond Capital LLC purchased a new stake in shares of Global Payments in the 4th quarter worth about $4,730,000. DGS Capital Management LLC purchased a new stake in shares of Global Payments in the 4th quarter worth about $230,000. Finally, Dean Capital Management lifted its position in shares of Global Payments by 3.2% in the 4th quarter. Dean Capital Management now owns 18,445 shares of the business services provider's stock worth $1,428,000 after purchasing an additional 570 shares during the period. Institutional investors own 89.76% of the company's stock.

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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