Global Payments Inc. (NYSE:GPN) Stock Has Average Target Price of $92.85 According to Analysts

Global Payments Inc. (NYSE:GPN – Get Free Report) has earned a consensus rating of “Hold” from the thirty brokerages that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $94.48.

Several brokerages have commented on GPN. Jefferies Financial Group upgraded shares of Global Payments from a “hold” rating to a “buy” rating in a report on Thursday, August 6th. Robert W. Baird set a $120.00 target price on Global Payments in a research report on Thursday, August 6th. Piper Sandler set a $101.00 target price on Global Payments and gave the company a “neutral” rating in a research note on Thursday, September 10th. Loop Capital assumed coverage on Global Payments in a research report on Thursday. They set a “buy” rating and a $137.00 price target on the stock. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Global Payments in a research note on Tuesday, June 9th.

Check Out Our Latest Stock Report on Global Payments

Institutional Trading of Global Payments

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Gtcr LLC purchased a new position in Global Payments during the 1st quarter valued at about $2,911,939,000. Pzena Investment Management LLC purchased a new stake in shares of Global Payments in the 2nd quarter worth approximately $848,344,000. Norges Bank purchased a new stake in shares of Global Payments in the 4th quarter worth approximately $276,014,000. Dimensional Fund Advisors LP increased its position in Global Payments by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,117,172 shares of the business services provider’s stock valued at $142,478,000 after buying an additional 23,293 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in Global Payments during the 2nd quarter valued at approximately $138,781,000. 89.76% of the stock is owned by hedge funds and other institutional investors.

Global Payments Stock Up 1.5%

Shares of Global Payments stock opened at $85.25 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.90. The company’s fifty day simple moving average is $87.96 and its two-hundred day simple moving average is $76.33. The company has a market cap of $22.56 billion, a P/E ratio of -28.61, a PEG ratio of 0.46 and a beta of 0.78. Global Payments has a 12-month low of $61.16 and a 12-month high of $95.88.

Global Payments (NYSE:GPN – Get Free Report) last posted its earnings results on Wednesday, August 5th. The business services provider reported $3.46 EPS for the quarter, topping the consensus estimate of $3.44 by $0.02. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.16 billion. During the same period last year, the company posted $3.10 EPS. The company’s quarterly revenue was up 68.6% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Research analysts anticipate that Global Payments will post 13.64 EPS for the current year.

Global Payments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 11th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.00 annualized dividend and a yield of 1.2%. Global Payments’s dividend payout ratio (DPR) is currently -33.56%.

About Global Payments

(Get Free Report)

Global Payments Inc (NYSE:GPN) is a payments technology and software company that provides solutions for businesses, financial institutions and other organizations. Its services support payment acceptance across in-store, online and mobile channels, including credit and debit card processing, point-of-sale systems, payment gateways, integrated software and related business management tools.

The company serves merchants across industries such as retail, restaurants, hospitality, education, health care and professional services.

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Analyst Recommendations for Global Payments (NYSE:GPN)

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