Global Payments (NYSE:GPN) Issues FY 2025 Earnings Guidance

Global Payments (NYSE:GPN) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 6.600-6.666 for the period, compared to the consensus EPS estimate of 11.990. The company issued revenue guidance of $10.1 billion-$10.2 billion, compared to the consensus revenue estimate of $9.3 billion.

Global Payments Price Performance

GPN traded down $1.90 during trading on Thursday, hitting $77.31. 373,133 shares of the stock traded hands, compared to its average volume of 2,659,475. Global Payments has a twelve month low of $65.93 and a twelve month high of $120.00. The company has a market cap of $18.75 billion, a price-to-earnings ratio of 13.52, a PEG ratio of 0.76 and a beta of 0.95. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.95 and a quick ratio of 0.95. The business has a 50 day moving average price of $85.43 and a 200 day moving average price of $81.79.

Global Payments (NYSE:GPN) last announced its quarterly earnings data on Tuesday, November 4th. The business services provider reported $3.26 EPS for the quarter, beating the consensus estimate of $3.23 by $0.03. Global Payments had a net margin of 15.07% and a return on equity of 12.47%. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the previous year, the business earned $3.08 earnings per share. Global Payments has set its FY 2025 guidance at 6.600-6.666 EPS. Equities research analysts forecast that Global Payments will post 11.89 earnings per share for the current fiscal year.

Global Payments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, December 12th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, December 12th. Global Payments’s payout ratio is currently 14.04%.

Analyst Ratings Changes

Several research analysts have recently issued reports on GPN shares. Raymond James Financial reiterated an “outperform” rating and set a $105.00 price target on shares of Global Payments in a report on Tuesday. Cowen reiterated a “hold” rating on shares of Global Payments in a report on Wednesday. Wells Fargo & Company upgraded shares of Global Payments to a “strong-buy” rating in a report on Wednesday, October 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Global Payments in a research report on Wednesday, October 8th. Finally, Mizuho upgraded Global Payments from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $86.00 to $114.00 in a report on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $104.10.

Institutional Trading of Global Payments

A number of institutional investors have recently bought and sold shares of the company. Caxton Associates LLP increased its stake in shares of Global Payments by 8.6% during the 2nd quarter. Caxton Associates LLP now owns 2,693 shares of the business services provider’s stock worth $216,000 after purchasing an additional 214 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in shares of Global Payments by 8.1% during the second quarter. CANADA LIFE ASSURANCE Co now owns 329,670 shares of the business services provider’s stock valued at $26,429,000 after acquiring an additional 24,739 shares during the last quarter. State of Tennessee Department of Treasury grew its holdings in shares of Global Payments by 35.2% during the second quarter. State of Tennessee Department of Treasury now owns 90,595 shares of the business services provider’s stock valued at $7,251,000 after buying an additional 23,608 shares during the last quarter. Sender Co & Partners Inc. purchased a new stake in shares of Global Payments during the second quarter valued at approximately $416,000. Finally, Captrust Financial Advisors grew its holdings in shares of Global Payments by 3.3% during the second quarter. Captrust Financial Advisors now owns 25,512 shares of the business services provider’s stock valued at $2,042,000 after buying an additional 811 shares during the last quarter. Institutional investors own 89.76% of the company’s stock.

About Global Payments

Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.