Global Payments (NYSE:GPN) Issues Quarterly Earnings Results, Misses Estimates By $0.14 EPS

Global Payments (NYSE:GPN) announced its quarterly earnings results 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. Global Payments had a net margin of 13.61% and a return on equity of 11.94%. Global Payments updated its FY 2025 guidance to 12.710-12.820 EPS.

Global Payments Stock Performance

NYSE GPN traded up $1.54 on Friday, hitting $105.67. 1,975,846 shares of the stock traded hands, compared to its average volume of 1,514,933. The business’s fifty day moving average is $110.97 and its two-hundred day moving average is $108.56. Global Payments has a 12 month low of $91.60 and a 12 month high of $141.77. The firm has a market capitalization of $26.89 billion, a price-to-earnings ratio of 19.90, a PEG 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.

Global Payments Announces Dividend

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

Insider Buying and Selling at Global Payments

In related news, Director Robert H. B. Baldwin, Jr. bought 5,800 shares of the company’s stock in a transaction on Friday, December 13th. The shares were purchased at an average price of $116.00 per share, for a total transaction of $672,800.00. Following the completion of the transaction, the director now directly owns 42,738 shares in the company, valued at approximately $4,957,608. The trade was a 15.70 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.98% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on GPN. Barclays raised their price objective on shares of Global Payments from $120.00 to $135.00 and gave the company an “overweight” rating in a research report on Tuesday, December 17th. The Goldman Sachs Group reiterated a “neutral” rating and set a $122.00 price target (down previously from $155.00) on shares of Global Payments in a research report on Thursday, January 9th. Stephens cut shares of Global Payments from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $125.00 to $120.00 in a research report on Friday, January 10th. Bank of America decreased their price objective on shares of Global Payments from $156.00 to $149.00 and set a “buy” rating for the company in a report on Friday. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of Global Payments from $130.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, December 9th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $136.18.

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.