TD Cowen Cuts Global Payments (NYSE:GPN) Price Target to $86.00

Key Points

• TD Cowen cut its price target on Global Payments to $86.00 (from $91.00) and kept a "hold" rating, with the new target implying roughly a 30.35% upside from the prior close.
• Analyst consensus remains a "Hold" with a $88.77 average price target amid mixed revisions from peers (some raised targets, others lowered), while institutional ownership is high at about 89.8%.
• Recent results showed a $3.18 EPS (beat by $0.02) with revenue in line, and the company set FY2026 guidance of $13.80–$14.00 EPS; the stock trades around a $18.16B market cap with a P/E of 11.38.

Global Payments (NYSE:GPN - Get Free Report) had its price target reduced by research analysts at TD Cowen from $91.00 to $86.00 in a report released on Tuesday,MarketScreener reports. The brokerage currently has a "hold" rating on the business services provider's stock. TD Cowen's price objective points to a potential upside of 30.35% from the stock's previous close.

Several other research analysts have also recently commented on GPN. UBS Group reaffirmed a "neutral" rating and issued a $87.00 target price (up from $80.00) on shares of Global Payments in a research report on Thursday, February 19th. Cantor Fitzgerald lifted their price objective on Global Payments from $80.00 to $88.00 in a report on Friday, March 27th. Royal Bank Of Canada decreased their price objective on Global Payments from $97.00 to $82.00 and set a "sector perform" rating on the stock in a report on Wednesday. Keefe, Bruyette & Woods decreased their price objective on Global Payments from $90.00 to $76.00 and set a "market perform" rating on the stock in a report on Tuesday. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Global Payments in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, sixteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $88.77.

Global Payments Stock Performance

GPN stock traded up $3.28 during midday trading on Tuesday, hitting $65.98. The stock had a trading volume of 229,568 shares, compared to its average volume of 3,738,601. The firm has a market capitalization of $18.16 billion, a price-to-earnings ratio of 11.38, a P/E/G ratio of 0.34 and a beta of 0.76. Global Payments has a 52 week low of $62.45 and a 52 week high of $90.96. The stock has a 50-day simple moving average of $71.89 and a 200 day simple moving average of $77.10. 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 issued its earnings results on Wednesday, February 18th. The business services provider reported $3.18 EPS for the quarter, topping the consensus estimate of $3.16 by $0.02. The firm had revenue of $2.32 billion during the quarter, compared to analysts' expectations of $2.32 billion. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.Global Payments's quarterly revenue was up 1.4% compared to the same quarter last year. During the same period last year, the business earned $2.85 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, equities research analysts anticipate that Global Payments will post 11.89 earnings per share for the current year.

Institutional Investors Weigh In On Global Payments

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Global Payments by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 23,542,460 shares of the business services provider's stock worth $1,955,908,000 after purchasing an additional 149,441 shares during the last quarter. Pzena Investment Management LLC increased its holdings in Global Payments by 4.6% during the 4th quarter. Pzena Investment Management LLC now owns 11,409,697 shares of the business services provider's stock valued at $883,111,000 after purchasing an additional 500,887 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Global Payments by 7.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,349,876 shares of the business services provider's stock valued at $610,633,000 after purchasing an additional 499,695 shares in the last quarter. Glenview Capital Management LLC increased its holdings in Global Payments by 13.8% during the 2nd quarter. Glenview Capital Management LLC now owns 4,316,892 shares of the business services provider's stock valued at $345,524,000 after purchasing an additional 523,209 shares in the last quarter. Finally, Norges Bank acquired a new stake in Global Payments during the 4th quarter valued at $276,014,000. 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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