FY2025 EPS Estimate for Global Payments Decreased by Analyst

Global Payments Inc. (NYSE:GPN) – Investment analysts at B. Riley lowered their FY2025 earnings estimates for shares of Global Payments in a research report issued on Tuesday, February 18th. B. Riley analyst H. Goetsch now anticipates that the business services provider will post earnings per share of $11.94 for the year, down from their previous estimate of $12.15. The consensus estimate for Global Payments’ current full-year earnings is $11.90 per share.

Several other research firms have also recently weighed in on GPN. Citigroup lowered their price target on shares of Global Payments from $138.00 to $135.00 and set a “buy” rating on the stock in a report on Tuesday. Stephens cut shares of Global Payments from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $125.00 to $120.00 in a report on Friday, January 10th. Morgan Stanley lowered their price target on shares of Global Payments from $166.00 to $163.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. Royal Bank of Canada lowered their target price on shares of Global Payments from $143.00 to $130.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. Finally, Keefe, Bruyette & Woods raised their target price on shares of Global Payments from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $134.33.

Global Payments Stock Down 2.3 %

Global Payments stock opened at $103.19 on Friday. The stock has a market cap of $25.55 billion, a P/E ratio of 16.70, a P/E/G ratio of 0.87 and a beta of 1.01. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 0.66. Global Payments has a twelve month low of $91.60 and a twelve month high of $140.38. The company’s 50-day moving average price is $109.94 and its two-hundred day moving average price is $108.82.

Global Payments (NYSE:GPN) last issued its earnings results on Thursday, February 13th. The business services provider reported $2.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.98 by ($0.14). The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.31 billion. Global Payments had a net margin of 15.54% and a return on equity of 12.21%.

Global Payments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.00 annualized dividend and a yield of 0.97%. Global Payments’s payout ratio is 16.18%.

Insider Activity at Global Payments

In related news, Director Robert H. B. Baldwin, Jr. purchased 5,800 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was purchased at an average cost of $116.00 per share, with a total value of $672,800.00. Following the completion of the purchase, the director now owns 42,738 shares in the company, valued at approximately $4,957,608. This trade represents a 15.70 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.98% of the stock is owned by company insiders.

Institutional Investors Weigh In On Global Payments

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Tidal Investments LLC increased its position in shares of Global Payments by 0.3% during the third quarter. Tidal Investments LLC now owns 26,946 shares of the business services provider’s stock worth $2,760,000 after acquiring an additional 86 shares in the last quarter. Sage Capital Advisors llc boosted its holdings in Global Payments by 0.3% during the fourth quarter. Sage Capital Advisors llc now owns 28,232 shares of the business services provider’s stock worth $3,164,000 after purchasing an additional 96 shares during the last quarter. SYM FINANCIAL Corp boosted its holdings in Global Payments by 4.1% during the third quarter. SYM FINANCIAL Corp now owns 2,440 shares of the business services provider’s stock worth $250,000 after purchasing an additional 97 shares during the last quarter. Private Trust Co. NA boosted its holdings in Global Payments by 11.2% during the fourth quarter. Private Trust Co. NA now owns 992 shares of the business services provider’s stock worth $111,000 after purchasing an additional 100 shares during the last quarter. Finally, Truvestments Capital LLC boosted its holdings in Global Payments by 2.9% during the fourth quarter. Truvestments Capital LLC now owns 3,685 shares of the business services provider’s stock worth $413,000 after purchasing an additional 103 shares during the last quarter. 89.76% of the stock is owned by institutional investors.

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.