Global Payments (GPN) Stock Price, News & Analysis

Company Overview

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. This segment also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added solutions and services, such as point-of-sale software, analytics and customer engagement, payroll and reporting, and human capital management. The Issuer Solutions segment offers solutions that enable financial institutions and retailers to manage their card portfolios through a platform; and commercial payments, account payables, and electronic payment alternatives solutions for businesses and governments. It markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, and independent sales organizations. The company was founded in 1967 and is headquartered in Atlanta, Georgia.

Key Stats

• Today's Range: $97.25 to $98.63
• 50-Day Range: $92.65 to $112.97
• 52-Week Range: $91.60 to $141.77
• Volume: 1.50 million shs
• Average Volume: 2.29 million shs
• Market Capitalization: $25.06 billion
• P/E Ratio: 19.48
• Dividend Yield: 1.02%
• Price Target: $140.23
• Consensus Rating: Moderate Buy

Global Payments Stock Analysis - MarketRank™

Global Payments scored higher than 100% of companies evaluated by MarketBeat, and ranked 1st out of 352 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Global Payments has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 15 buy ratings, 9 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Global Payments has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 13.19%

Earnings Growth

Earnings for Global Payments are expected to grow by 13.19% in the coming year, from $11.07 to $12.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Global Payments is 19.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Global Payments is 19.48, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 42.94.

Price to Earnings Growth Ratio

Global Payments has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Global Payments has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.99% of the float of Global Payments has been sold short.

Short Interest Ratio / Days to Cover

Global Payments has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Global Payments has recently increased by 16.38%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Global Payments pays a meaningful dividend of 1.02%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Global Payments does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Global Payments is 19.84%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Global Payments will have a dividend payout ratio of 7.98% next year. This indicates that Global Payments will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.3 / 5
• Environmental Score: -0.99

Percentage of Shares Shorted

2.99% of the float of Global Payments has been sold short.

Short Interest Ratio / Days to Cover

Global Payments has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Global Payments has recently increased by 16.38%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.25

News Sentiment

Global Payments has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 35 news articles for Global Payments this week, compared to 10 articles on an average week.

Search Interest

15 people have searched for GPN on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

MarketBeat Follows

10 people have added Global Payments to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Global Payments insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $166,305.00 in company stock.

Percentage Held by Insiders

Only 0.98% of the stock of Global Payments is held by insiders.

Percentage Held by Institutions

89.76% of the stock of Global Payments is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GPN Stock Analysis - Frequently Asked Questions

How have GPN shares performed this year?

Global Payments' stock was trading at $127.00 at the start of the year. Since then, GPN stock has decreased by 22.7% and is now trading at $98.19.
View the best growth stocks for 2024 here.

How were Global Payments' earnings last quarter?

Global Payments Inc. (NYSE:GPN) posted its quarterly earnings data on Wednesday, August, 7th. The business services provider reported $2.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.90 by $0.03. Global Payments's quarterly revenue was up 4.7% on a year-over-year basis.
Read the conference call transcript.

When did Global Payments' stock split?

Global Payments's stock split before market open on Tuesday, November 3rd 2015. The 2-1 split was announced on Wednesday, October 7th 2015. The newly minted shares were distributed to shareholders after the closing bell on Monday, November 2nd 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Does Global Payments have any subsidiaries?

The following companies are subsidiaries of Global Payments: Mineral Tree, CaixaBank, COMERCIA GLOBAL PAYMENTS EP S.L, Zego, Heartland Retail, Total System Services, Sentral Education, and more.

Who are Global Payments' major shareholders?

Global Payments' top institutional investors include Czech National Bank (0.02%), Park Avenue Securities LLC, SG Americas Securities LLC and Massmutual Trust Co. FSB ADV. Insiders that own company stock include M Troy Woods, David Lawrence Green, Joshua J Whipple, Robert H B Baldwin Jr, Andrea M Carter, David M Sheffield, Kriss Cloninger III and William I Jacobs.
View institutional ownership trends.

How do I buy shares of Global Payments?

Shares of GPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Global Payments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Global Payments investors own include NVIDIA (NVDA), Mastercard (MA), Alibaba Group (BABA), Visa (V), Boeing (BA), Salesforce (CRM) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 9/27 Dividend: 9/13/2024
• Dividend Payable: 9/27/2024
• Today: 10/03/2024
• Next Earnings (Estimated): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Data Processing & Outsourced Services
• Current Symbol: NYSE:GPN
• CUSIP: 37940X10
• CIK: 1123360
• Web: www.globalpaymentsinc.com
• Phone: (770) 829-8000
• Fax: 770-829-8267
• Employees: 27,000
• Year Founded: 1967

Price Target and Rating

• Average Stock Price Target: $140.23
• High Stock Price Target: $194.00
• Low Stock Price Target: $100.00
• Potential Upside/Downside: +42.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 25 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.04
• Trailing P/E Ratio: 19.48
• Forward P/E Ratio: 8.87
• P/E Growth: 0.71
• Net Income: $986.23 million
• Net Margins: 14.26%
• Pretax Margin: 15.77%
• Return on Equity: 11.93%
• Return on Assets: 5.42%

Debt

• Debt-to-Equity Ratio: 0.68
• Current Ratio: 0.92
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $9.90 billion
• Price / Sales: 2.53
• Cash Flow: $15.15 per share
• Price / Cash Flow: 6.48
• Book Value: $89.40 per share
• Price / Book: 1.10

Miscellaneous

• Outstanding Shares: 255,250,000
• Free Float: 252,749,000
• Market Cap: $25.06 billion
• Optionable: Optionable
• Beta: 0.98