Global Payments (NYSE:GPN) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, February 13th. Analysts expect the company to announce earnings of $1.25 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
NYSE:GPN opened at $116.02 on Tuesday. Global Payments has a fifty-two week low of $94.81 and a fifty-two week high of $129.25. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.13. The stock has a market cap of $18.18 billion, a PE ratio of 28.93, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15.
In other Global Payments news, Director Robert H. B. Baldwin, Jr. sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, January 14th. The stock was sold at an average price of $110.82, for a total value of $332,460.00. Following the sale, the director now owns 72,399 shares in the company, valued at approximately $8,023,257.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Alan M. Silberstein sold 700 shares of the business’s stock in a transaction that occurred on Wednesday, November 14th. The shares were sold at an average price of $109.66, for a total value of $76,762.00. Following the completion of the sale, the director now owns 42,169 shares in the company, valued at approximately $4,624,252.54. The disclosure for this sale can be found here. Insiders sold a total of 6,700 shares of company stock worth $715,282 in the last 90 days. Company insiders own 0.98% of the company’s stock.
GPN has been the topic of several recent analyst reports. Nomura lifted their price objective on Global Payments from $91.00 to $94.00 and gave the company a “reduce” rating in a report on Monday. Barclays initiated coverage on Global Payments in a report on Wednesday, November 14th. They set an “overweight” rating and a $136.00 price objective on the stock. Cantor Fitzgerald lifted their price objective on Global Payments from $136.00 to $143.00 and gave the company an “overweight” rating in a report on Wednesday, October 31st. BMO Capital Markets lifted their price objective on Global Payments from $139.00 to $146.00 and gave the company an “outperform” rating in a report on Thursday, November 1st. Finally, Zacks Investment Research upgraded Global Payments from a “sell” rating to a “hold” rating in a report on Wednesday, January 16th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $131.26.
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About Global Payments
Global Payments Inc provides payment technology and software solutions for credit cards, debit cards, electronic payments, and check-related services. It offers authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements, online reporting, industry compliance, and payment card industry security services.
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