Global Payments Inc. (NYSE:GPN) Receives Consensus Rating of “Hold” from Brokerages

Global Payments Inc. (NYSE:GPN) has been assigned a consensus rating of “Hold” from the twenty-seven research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $83.3333.

Several analysts have recently issued reports on the stock. BTIG Research reissued a “neutral” rating on shares of Global Payments in a research note on Tuesday, June 9th. Zacks Research downgraded shares of Global Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft cut their target price on shares of Global Payments from $75.00 to $70.00 and set a “hold” rating on the stock in a research note on Tuesday, June 9th. Wall Street Zen downgraded shares of Global Payments from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, BNP Paribas Exane lowered their target price on Global Payments from $64.00 to $60.00 and set an “underperform” rating for the company in a report on Friday, April 10th.

Global Payments Stock Up 1.2%

Shares of NYSE GPN opened at $76.95 on Thursday. The firm’s 50-day moving average is $70.37 and its two-hundred day moving average is $71.95. The company has a market capitalization of $21.05 billion, a PE ratio of -37.72, a price-to-earnings-growth ratio of 0.43 and a beta of 0.76. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 0.79. Global Payments has a 12-month low of $61.16 and a 12-month high of $90.64.

Global Payments (NYSE:GPN) last posted its quarterly earnings data on Wednesday, May 6th. The business services provider reported $2.96 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.14. Global Payments had a positive return on equity of 13.11% and a negative net margin of 7.99%.The firm had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.81 billion. During the same quarter last year, the business posted $2.82 EPS. The firm’s quarterly revenue was up 63.1% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. Equities analysts anticipate that Global Payments will post 13.84 EPS for the current fiscal year.

Global Payments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $1.00 annualized dividend and a yield of 1.3%. Global Payments’s dividend payout ratio (DPR) is presently -49.02%.

Institutional Investors Weigh In On Global Payments

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Tema ETFs LLC lifted its holdings in shares of Global Payments by 14.4% during the second quarter. Tema ETFs LLC now owns 4,977 shares of the business services provider’s stock valued at $361,000 after purchasing an additional 627 shares during the last quarter. E. Ohman J or Asset Management AB boosted its stake in shares of Global Payments by 44.4% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 9,755 shares of the business services provider’s stock valued at $708,000 after buying an additional 3,000 shares during the period. Gradient Investments LLC grew its stake in Global Payments by 156.9% in the second quarter. Gradient Investments LLC now owns 45,565 shares of the business services provider’s stock valued at $3,306,000 after purchasing an additional 27,828 shares in the last quarter. FNY Investment Advisers LLC raised its position in Global Payments by 25.0% during the second quarter. FNY Investment Advisers LLC now owns 2,500 shares of the business services provider’s stock valued at $181,000 after acquiring an additional 500 shares in the last quarter. Finally, Czech National Bank lifted its stake in shares of Global Payments by 2.1% in the 2nd quarter. Czech National Bank now owns 66,182 shares of the business services provider’s stock valued at $4,802,000 after purchasing an additional 1,370 shares during the last quarter. 89.76% of the stock is currently owned by institutional investors.

Global Payments Company Profile

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.