Global Payments Inc. (NYSE:GPN) Given Consensus Recommendation of “Hold” by Brokerages

Global Payments Inc. (NYSE:GPN) has received a consensus rating of “Hold” from the twenty-eight research firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and nine have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $92.52.

A number of research firms have issued reports on GPN. Wall Street Zen lowered shares of Global Payments from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Barclays set a $89.00 price objective on shares of Global Payments and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Keefe, Bruyette & Woods increased their price target on Global Payments from $76.00 to $95.00 and gave the stock a “market perform” rating in a research report on Thursday, August 6th. Stephens set a $80.00 price objective on Global Payments and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Finally, Wells Fargo & Company reduced their target price on Global Payments from $105.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th.

Hedge Funds Weigh In On Global Payments

Institutional investors have recently bought and sold shares of the company. Strive Financial Group LLC purchased a new stake in shares of Global Payments in the 4th quarter valued at approximately $25,000. DV Equities LLC acquired a new position in Global Payments during the fourth quarter worth $26,000. Torren Management LLC purchased a new position in shares of Global Payments during the fourth quarter worth $34,000. Western Wealth Management LLC purchased a new position in shares of Global Payments during the first quarter worth $34,000. Finally, Johnson Financial Group Inc. acquired a new stake in shares of Global Payments in the third quarter valued at $35,000. 89.76% of the stock is owned by hedge funds and other institutional investors.

Global Payments Price Performance

Shares of GPN stock opened at $90.11 on Friday. Global Payments has a 1-year low of $61.16 and a 1-year high of $95.88. The stock’s 50-day moving average is $83.39 and its 200 day moving average is $74.91. The company has a market cap of $23.84 billion, a P/E ratio of -30.24, a PEG ratio of 0.49 and a beta of 0.74. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.82 and a quick ratio of 0.82.

Global Payments (NYSE:GPN) last issued its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.44 by $0.02. The business had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.16 billion. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%.The business’s quarterly revenue was up 68.6% on a year-over-year basis. During the same period 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. Research analysts predict that Global Payments will post 13.65 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.25 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.1%. Global Payments’s dividend payout ratio is -33.56%.

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.