Global Payments (NYSE:GPN) Issues Earnings Results

Global Payments (NYSE:GPN - Get Free Report) announced its quarterly earnings data on Thursday. The business services provider reported $2.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.98 by ($0.14), Zacks reports. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.31 billion. 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 Up 1.5 %

NYSE GPN traded up $1.54 during trading on Monday, hitting $105.67. The stock had a trading volume of 1,975,846 shares, compared to its average volume of 1,514,933. Global Payments has a 12 month low of $91.60 and a 12 month high of $141.77. The company has a market capitalization of $26.89 billion, a PE ratio of 19.90, a P/E/G ratio of 0.80 and a beta of 1.01. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.93 and a current ratio of 0.93. The company's 50-day moving average price is $110.97 and its two-hundred day moving average price is $108.65.

Global Payments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Friday, March 14th. Global Payments's payout ratio is 18.83%.

Analysts Set New Price Targets

GPN has been the topic of several research analyst reports. StockNews.com upgraded shares of Global Payments from a "hold" rating to a "buy" rating in a research note on Thursday, January 23rd. Morgan Stanley decreased their price target on shares of Global Payments from $166.00 to $163.00 and set an "overweight" rating on the stock in a research note on Friday. Sanford C. Bernstein downgraded shares of Global Payments from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $135.00 to $112.00 in a research note on Tuesday, October 22nd. Stephens downgraded shares of Global Payments from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $125.00 to $120.00 in a research note on Friday, January 10th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Global Payments from $130.00 to $140.00 and gave the stock an "outperform" rating in a research note on Monday, December 9th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and fifteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $135.76.

Insider Transactions at Global Payments

In related news, Director Robert H. B. Baldwin, Jr. acquired 5,800 shares of the company's stock in a transaction dated Friday, December 13th. The shares were bought at an average price of $116.00 per share, for a total transaction of $672,800.00. Following the purchase, the director now directly owns 42,738 shares in the company, valued at approximately $4,957,608. This trade represents a 15.70 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.98% of the company's stock.

Global Payments Company Profile

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.