Brokers Issue Forecasts for Global Payments FY2027 Earnings

Global Payments Inc. (NYSE:GPN) – Investment analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for shares of Global Payments in a research report issued to clients and investors on Tuesday, February 25th. Zacks Research analyst K. Dey anticipates that the business services provider will post earnings per share of $15.30 for the year. The consensus estimate for Global Payments’ current full-year earnings is $11.89 per share.

Global Payments (NYSE:GPN) last announced its earnings results on Thursday, February 13th. The business services provider reported $2.84 EPS for the quarter, missing the consensus estimate of $2.98 by ($0.14). Global Payments had a net margin of 15.54% and a return on equity of 12.21%. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.31 billion.

Several other research firms also recently issued reports on GPN. Barclays dropped their price objective on Global Payments from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Tuesday, February 18th. The Goldman Sachs Group restated a “neutral” rating and set a $122.00 price objective (down from $155.00) on shares of Global Payments in a report on Thursday, January 9th. Royal Bank of Canada dropped their price objective on Global Payments from $143.00 to $130.00 and set an “outperform” rating on the stock in a report on Thursday, October 31st. StockNews.com upgraded Global Payments from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, Citigroup decreased their target price on Global Payments from $138.00 to $135.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat, Global Payments currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.33.

Global Payments Price Performance

GPN stock opened at $101.46 on Thursday. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 0.66. Global Payments has a 52-week low of $91.60 and a 52-week high of $140.38. The stock’s 50 day moving average is $109.32 and its two-hundred day moving average is $108.95. The company has a market capitalization of $25.12 billion, a PE ratio of 16.42, a P/E/G ratio of 0.86 and a beta of 1.01.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GPN. Beaird Harris Wealth Management LLC acquired a new position in Global Payments during the 3rd quarter worth $25,000. Optiver Holding B.V. acquired a new position in Global Payments during the 4th quarter worth $28,000. Capital Performance Advisors LLP bought a new stake in shares of Global Payments in the 3rd quarter worth $33,000. Whipplewood Advisors LLC bought a new stake in shares of Global Payments in the 4th quarter worth $37,000. Finally, Quintet Private Bank Europe S.A. bought a new stake in shares of Global Payments in the 4th quarter worth $38,000. Institutional investors and hedge funds own 89.76% of the company’s stock.

Insiders Place Their Bets

In other Global Payments news, Director Robert H. B. Baldwin, Jr. purchased 5,800 shares of Global Payments stock in a transaction on Friday, December 13th. The stock was bought at an average price of $116.00 per share, for a total transaction of $672,800.00. Following the transaction, the director now owns 42,738 shares of the company’s stock, valued at $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 link. 0.98% of the stock is currently owned by insiders.

Global Payments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, March 14th. This represents a $1.00 dividend on an annualized basis and a yield of 0.99%. Global Payments’s dividend payout ratio (DPR) is presently 16.18%.

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.