News articles about Global Payments (NYSE:GPN) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Global Payments earned a news impact score of 0.13 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 45.3879630752563 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- 10 Growth Stocks for Long-Term Investors – Investopedia (blog) (investopedia.com)
- Can Global Payments Inc. (GPN)’s Tomorrow be Different? The … – NMSU Hеrаld (nmsuherald.com)
- Redwood Investments LLC Upped Global Payments INC (GPN) Holding by $6.08 Million; Stock Value Rose – Flаtlаnd Nеws (flatlandnews.com)
- GPN or TSS: Which is the Better Payments Processing Stock? – Nasdaq (nasdaq.com)
- Insider Selling: Global Payments Inc (GPN) Director Sells 600 Shares of Stock (americanbankingnews.com)
Shares of Global Payments (GPN) traded down $0.20 during mid-day trading on Friday, reaching $118.01. The company’s stock had a trading volume of 1,227,454 shares, compared to its average volume of 1,065,103. Global Payments has a one year low of $76.47 and a one year high of $118.94. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market capitalization of $18,819.73, a P/E ratio of 39.60, a PEG ratio of 1.54 and a beta of 1.09.
Global Payments (NYSE:GPN) last announced its quarterly earnings results on Thursday, February 15th. The business services provider reported $1.07 EPS for the quarter, beating the consensus estimate of $1.06 by $0.01. Global Payments had a return on equity of 17.94% and a net margin of 11.78%. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $943.39 million. During the same quarter last year, the company posted $0.89 earnings per share. The company’s revenue for the quarter was up 11.0% compared to the same quarter last year. sell-side analysts expect that Global Payments will post 4.85 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 16th will be issued a dividend of $0.01 per share. The ex-dividend date is Thursday, March 15th. This represents a $0.04 annualized dividend and a yield of 0.03%. Global Payments’s dividend payout ratio (DPR) is presently 1.34%.
Global Payments declared that its Board of Directors has approved a stock repurchase plan on Thursday, February 15th that authorizes the company to buyback $600.00 million in outstanding shares. This buyback authorization authorizes the business services provider to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.
A number of analysts have recently issued reports on the stock. Piper Jaffray Companies raised shares of Global Payments from a “neutral” rating to an “overweight” rating in a research report on Friday, March 2nd. Cowen reissued a “buy” rating and issued a $127.00 price target on shares of Global Payments in a research report on Thursday, March 1st. Deutsche Bank increased their price target on shares of Global Payments and gave the stock a “buy” rating in a research report on Friday, February 16th. Nomura increased their price target on shares of Global Payments from $85.00 to $92.00 and gave the stock a “reduce” rating in a research report on Tuesday, February 13th. Finally, KeyCorp reissued an “overweight” rating and issued a $125.00 price target (up from $120.00) on shares of Global Payments in a research report on Friday, March 2nd. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty-three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $109.40.
In other Global Payments news, Director Alan M. Silberstein sold 600 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $101.55, for a total transaction of $60,930.00. Following the transaction, the director now owns 44,893 shares in the company, valued at $4,558,884.15. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders have sold 3,600 shares of company stock worth $389,622. Corporate insiders own 0.93% of the company’s stock.
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Global Payments Company Profile
Global Payments Inc is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company’s segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services.
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