Brokerages Set Global Payments Inc. (NYSE:GPN) Target Price at $92.36

Shares of Global Payments Inc. (NYSE:GPN) have received a consensus rating of “Hold” from the twenty-eight brokerages that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, sixteen have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $92.52.

GPN has been the topic of a number of research analyst reports. Cantor Fitzgerald decreased their target price on Global Payments from $88.00 to $76.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Robert W. Baird set a $120.00 price target on Global Payments in a report on Thursday, August 6th. Truist Financial lifted their price objective on Global Payments from $79.00 to $95.00 and gave the stock a “hold” rating in a research note on Tuesday, August 25th. Wells Fargo & Company decreased their price objective on Global Payments from $105.00 to $95.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Finally, The Goldman Sachs Group increased their target price on Global Payments from $82.00 to $94.00 and gave the company a “neutral” rating in a research report on Thursday, August 6th.

Global Payments Price Performance

Shares of NYSE:GPN opened at $91.60 on Friday. The firm has a market cap of $24.24 billion, a price-to-earnings ratio of -30.74, a P/E/G ratio of 0.50 and a beta of 0.78. The firm has a fifty day moving average price of $84.37 and a 200 day moving average price of $75.24. Global Payments has a fifty-two week low of $61.16 and a fifty-two week high of $95.88. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.82 and a current ratio of 0.82.

Global Payments (NYSE:GPN) last announced its quarterly earnings results on Wednesday, August 5th. The business services provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same period in the previous year, the firm posted $3.10 EPS. Global Payments’s revenue for the quarter 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. As a group, sell-side analysts expect that Global Payments will post 13.65 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

The firm 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 is Friday, September 11th. This represents a $1.00 annualized dividend and a yield of 1.1%. Global Payments’s dividend payout ratio (DPR) is -33.56%.

Institutional Trading of Global Payments

Large investors have recently made changes to their positions in the business. Strive Financial Group LLC purchased a new position in Global Payments in the fourth quarter worth about $25,000. DV Equities LLC purchased a new stake in Global Payments during the fourth quarter valued at approximately $26,000. Johnson Financial Group Inc. bought a new stake in shares of Global Payments in the 3rd quarter valued at approximately $35,000. Torren Management LLC bought a new stake in shares of Global Payments in the 4th quarter valued at approximately $34,000. Finally, Hantz Financial Services Inc. boosted its holdings in shares of Global Payments by 87.5% in the 4th quarter. Hantz Financial Services Inc. now owns 478 shares of the business services provider’s stock worth $37,000 after purchasing an additional 223 shares during the period. 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.