Global Payments (NYSE:GPN) Posts Earnings Results, Misses Expectations By $0.14 EPS

Global Payments (NYSE:GPN) announced its quarterly earnings data on Thursday. The business services provider reported $2.84 EPS for the quarter, missing analysts’ consensus estimates of $2.98 by ($0.14), Zacks reports. Global Payments had a return on equity of 11.94% and a net margin of 13.61%. Global Payments updated its FY 2025 guidance to 12.710-12.820 EPS.

Global Payments Stock Down 4.6 %

Global Payments stock traded down $5.05 during mid-day trading on Thursday, reaching $103.78. The company’s stock had a trading volume of 2,054,717 shares, compared to its average volume of 1,614,842. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.93 and a current ratio of 0.93. Global Payments has a 12 month low of $91.60 and a 12 month high of $141.77. The business’s 50 day simple moving average is $111.45 and its 200 day simple moving average is $108.56. The company has a market capitalization of $26.41 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 0.80 and a beta of 1.01.

Insiders Place Their Bets

In related news, Director Robert H. B. Baldwin, Jr. purchased 5,800 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was purchased at an average cost of $116.00 per share, for a total transaction of $672,800.00. Following the completion of the purchase, the director now directly owns 42,738 shares in the company, valued at $4,957,608. This trade represents a 15.70 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GPN. Sanford C. Bernstein cut Global Payments from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $135.00 to $112.00 in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. decreased their price objective on shares of Global Payments from $118.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, October 29th. Keefe, Bruyette & Woods increased their target price on shares of Global Payments from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. Royal Bank of Canada decreased their price target on shares of Global Payments from $143.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $122.00 price objective (down previously from $155.00) on shares of Global Payments in a research note on Thursday, January 9th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $135.71.

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.