In the last trading session, 6.75 million shares of the Global Payments, Inc (NYSE:GPN) were traded, and its beta was 0.94. Most recently the company’s share price was $76.83, and it changed around $2.21 or 2.96% from the last close, which brings the market valuation of the company to $18.74B. GPN currently trades at a discount to its 52-week high of $120.00, offering almost -56.19% off that amount. The share price’s 52-week low was $65.93, which indicates that the current value has risen by an impressive 14.19% since then.
Global Payments, Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.46. If we narrow it down even further, the data shows that 1 out of 34 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 20 recommended GPN as a Hold, whereas 11 deemed it a Buy, and 1 rated it as Underweight. Global Payments, Inc is expected to report earnings per share of 3.04 for the current quarter.
Global Payments, Inc (NYSE:GPN) trade information
Instantly GPN has showed a green trend with a performance of 2.96% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 80.86 on recent trading dayincreased the stock’s daily price by 4.98%. The company’s shares are currently down -31.44% year-to-date, but still down -2.69% over the last five days. On the other hand, Global Payments, Inc (NYSE:GPN) is -7.41% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $120, which translates to bulls needing to increase their stock price by 35.98% from its current value. Analyst projections state that GPN is forecast to be at a low of $75 and a high of $135.
Global Payments, Inc (GPN) estimates and forecasts
The year-over-year growth rate is expected to be 1.52%, up from the previous year.
Consensus estimates provided by 24 financial analysts predict the company will bring in an average of 2.36B in revenue for the current quarter. 23 analysts expect Global Payments, Inc to make 2.4B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.32B and 2.36B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.42%. Forecasts for the next quarter put sales growth at 1.77%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 23.30%. Global Payments, Inc earnings are expected to increase by 4.69% in 2025, but the outlook is positive 10.27% per year for the next five years.
GPN Dividends
Global Payments, Inc’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 1.30 percent and its annual dividend per share was 1.00. It is important to note, however, that the 1.30% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
BLACKROCK INC., with 6.9675% or 17.75 million shares worth $1.72 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.