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

Global Payments Inc. (NYSE:GPN) has earned an average rating of “Hold” from the thirty ratings firms that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and ten have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $94.48.

GPN has been the subject of several research analyst reports. Piper Sandler set a $101.00 price objective on Global Payments and gave the company a “neutral” rating in a report on Thursday, September 10th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Global Payments from $75.00 to $70.00 and set a “hold” rating for the company in a research report on Tuesday, June 9th. Susquehanna set a $111.00 price target on shares of Global Payments and gave the stock a “positive” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company lowered their price objective on shares of Global Payments from $105.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Finally, TD Cowen lifted their price objective on shares of Global Payments from $90.00 to $95.00 and gave the company a “hold” rating in a research note on Wednesday, August 26th.

Global Payments Trading Up 1.5%

NYSE GPN opened at $86.56 on Tuesday. The firm’s fifty day moving average price is $88.13 and its 200 day moving average price is $76.41. Global Payments has a 12 month low of $61.16 and a 12 month high of $95.88. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market capitalization of $22.90 billion, a price-to-earnings ratio of -29.05, a price-to-earnings-growth ratio of 0.47 and a beta of 0.78.

Global Payments (NYSE:GPN) last released its quarterly earnings data on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.44 by $0.02. The company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.16 billion. Global Payments had a negative net margin of 9.16% and a positive return on equity of 13.80%. Global Payments’s revenue for the quarter was up 68.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.10 earnings per share. Global Payments has set its FY 2026 guidance at 13.600-13.800 EPS. On average, sell-side analysts expect that Global Payments will post 13.64 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

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

Hedge Funds Weigh In On Global Payments

Several institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its holdings in shares of Global Payments by 9.8% in the second quarter. IFP Advisors Inc now owns 1,433 shares of the business services provider’s stock valued at $104,000 after purchasing an additional 128 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its stake in Global Payments by 1.6% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 10,260 shares of the business services provider’s stock valued at $794,000 after buying an additional 163 shares during the period. Southern Financial Group LLC increased its stake in Global Payments by 5.1% in the 1st quarter. Southern Financial Group LLC now owns 3,651 shares of the business services provider’s stock valued at $246,000 after buying an additional 178 shares during the period. New Mexico Educational Retirement Board raised its position in Global Payments by 1.8% during the 4th quarter. New Mexico Educational Retirement Board now owns 11,248 shares of the business services provider’s stock worth $871,000 after buying an additional 200 shares during the last quarter. Finally, Dempze Nancy E lifted its stake in shares of Global Payments by 1.5% in the 4th quarter. Dempze Nancy E now owns 13,500 shares of the business services provider’s stock worth $1,045,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 89.76% of the company’s stock.

Global Payments Company Profile

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.