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

Global Payments (NYSE:GPN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 12.710-12.820 for the period, compared to the consensus earnings per share estimate of 12.750. The company issued revenue guidance of $9.6 billion-$9.7 billion, compared to the consensus revenue estimate of $9.4 billion.

Global Payments Stock Up 1.5 %

Global Payments stock traded up $1.54 during mid-day trading on Monday, reaching $105.67. The stock had a trading volume of 1,975,846 shares, compared to its average volume of 1,514,933. 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 fifty-two week low of $91.60 and a fifty-two week high of $141.77. The stock's 50-day simple moving average is $110.97 and its 200-day simple moving average is $108.65. The firm has a market capitalization of $26.89 billion, a PE ratio of 19.90, a price-to-earnings-growth ratio of 0.80 and a beta of 1.01.

Global Payments (NYSE:GPN - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The business services provider reported $2.84 EPS for the quarter, missing analysts' consensus estimates of $2.98 by ($0.14). Global Payments had a net margin of 13.61% and a return on equity of 11.94%. The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.31 billion. On average, sell-side analysts forecast that Global Payments will post 11 EPS for the current fiscal year.

Global Payments Dividend Announcement

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

Wall Street Analyst Weigh In

GPN has been the subject of several analyst reports. Barclays increased their price objective on Global Payments from $120.00 to $135.00 and gave the stock an "overweight" rating in a research note on Tuesday, December 17th. Bank of America dropped their price objective on Global Payments from $156.00 to $149.00 and set a "buy" rating on the stock in a research note on Friday. Keefe, Bruyette & Woods upped their target price 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. JPMorgan Chase & Co. dropped their price target on shares of Global Payments from $118.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 29th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and issued a $122.00 price objective (down previously from $155.00) on shares of Global Payments in a research note on Thursday, January 9th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and fifteen have issued a buy rating to the company's stock. According to MarketBeat.com, Global Payments presently has a consensus rating of "Moderate Buy" and a consensus price target of $135.76.

Insiders Place Their Bets

In other news, Director Robert H. B. Baldwin, Jr. bought 5,800 shares of the stock in a transaction on Friday, December 13th. The shares were acquired at an average cost of $116.00 per share, for a total transaction of $672,800.00. Following the purchase, the director now directly owns 42,738 shares of the company's stock, valued at $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 is available through the SEC website. 0.98% of the stock is owned by corporate insiders.

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.