Global Payments Inc. (NYSE:GPN) Stock Now Rated “Hold” by Wall Street Analysts

Global Payments Inc. (NYSE:GPN) has earned an average recommendation of “Hold” from the thirty-two research firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and thirteen have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $96.17.

GPN has been the topic of a number of research reports. Wolfe Research reiterated an “outperform” rating and set a $125.00 target price (up from $110.00) on shares of Global Payments in a research report on Tuesday, August 25th. UBS Group started coverage on shares of Global Payments in a report on Thursday, August 6th. They issued a “buy” rating for the company. TD Cowen raised their price target on shares of Global Payments from $90.00 to $95.00 and gave the company a “hold” rating in a report on Wednesday, August 26th. Weiss Ratings upgraded shares of Global Payments from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, October 8th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $83.00 price objective on shares of Global Payments in a research report on Thursday, August 6th.

Institutional Investors Weigh In On Global Payments

A number of institutional investors and hedge funds have recently made changes to their positions in GPN. Gtcr LLC acquired a new stake in Global Payments in the first quarter worth about $2,911,939,000. Pzena Investment Management LLC acquired a new position in Global Payments during the 2nd quarter valued at about $848,344,000. Deutsche Bank AG acquired a new position in Global Payments during the 2nd quarter valued at about $138,781,000. Legal & General Group Plc bought a new position in shares of Global Payments in the 2nd quarter valued at about $120,036,000. Finally, Davis Asset Management L.P. bought a new position in shares of Global Payments in the 2nd quarter valued at about $107,752,000. Institutional investors own 89.76% of the company’s stock.

Global Payments Trading Down 1.4%

Shares of GPN opened at $83.62 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $22.13 billion, a price-to-earnings ratio of 6.60, a PEG ratio of 0.41 and a beta of 0.80. The stock has a fifty day moving average price of $87.27 and a two-hundred day moving average price of $78.11. Global Payments has a 52-week low of $61.16 and a 52-week high of $95.88.

Global Payments (NYSE:GPN) last announced 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 positive return on equity of 13.80% and a negative net margin of 9.16%. The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.16 billion. During the same quarter in the prior year, the business earned $3.10 earnings per share. The business’s revenue for the quarter was up 68.6% on a year-over-year basis. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. Analysts predict that Global Payments will post 13.64 EPS for the current fiscal year.

Global Payments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, September 11th. Global Payments’s dividend payout ratio (DPR) is -33.56%.

Global Payments Company Profile

Global Payments Inc (NYSE:GPN) is a financial technology and payments company that provides software and payment solutions to businesses, financial institutions and other organizations. Its services help merchants accept payments through credit cards, debit cards, digital wallets and other electronic methods across in-store, online and mobile channels.

The company offers payment processing, point-of-sale technology, commerce management software, payment security and reporting tools. Its solutions are used in industries including retail, restaurants, hospitality, healthcare, education and government.