FY2025 EPS Estimates for Global Payments Inc. (NYSE:GPN) Reduced by Analyst

Global Payments Inc. (NYSE:GPN) – B. Riley reduced their FY2025 earnings per share estimates for Global Payments in a note issued to investors on Wednesday, September 25th. B. Riley analyst H. Goetsch now expects that the business services provider will earn $12.20 per share for the year, down from their previous estimate of $12.90. B. Riley currently has a “Buy” rating and a $194.00 target price on the stock. The consensus estimate for Global Payments’ current full-year earnings is $11.07 per share.

Global Payments (NYSE:GPN) last announced its earnings results on Wednesday, August 7th. The business services provider reported $2.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.90 by $0.03. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.32 billion. Global Payments had a net margin of 14.26% and a return on equity of 11.93%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.48 EPS.

Several other research analysts also recently commented on the stock. Wells Fargo & Company assumed coverage on shares of Global Payments in a research report on Wednesday, June 12th. They set an “equal weight” rating and a $100.00 price objective for the company. TD Cowen reduced their target price on shares of Global Payments from $125.00 to $122.00 and set a “buy” rating on the stock in a report on Wednesday. Susquehanna restated a “positive” rating and set a $147.00 price objective on shares of Global Payments in a research report on Tuesday, September 17th. Evercore ISI dropped their target price on shares of Global Payments from $170.00 to $160.00 and set an “outperform” rating on the stock in a report on Tuesday, June 25th. Finally, BMO Capital Markets reduced their price objective on shares of Global Payments from $126.00 to $122.00 and set a “market perform” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $141.36.

Global Payments Trading Up 3.4 %

GPN opened at $101.02 on Thursday. The company has a 50-day simple moving average of $105.56 and a 200 day simple moving average of $109.52. The stock has a market capitalization of $25.79 billion, a price-to-earnings ratio of 20.04, a P/E/G ratio of 0.71 and a beta of 0.98. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.68. Global Payments has a twelve month low of $91.60 and a twelve month high of $141.77.

Institutional Trading of Global Payments

A number of institutional investors have recently modified their holdings of GPN. Fidelis Capital Partners LLC lifted its stake in Global Payments by 5.1% in the 1st quarter. Fidelis Capital Partners LLC now owns 1,930 shares of the business services provider’s stock worth $258,000 after purchasing an additional 93 shares in the last quarter. Oliver Luxxe Assets LLC increased its stake in shares of Global Payments by 0.3% in the first quarter. Oliver Luxxe Assets LLC now owns 34,435 shares of the business services provider’s stock worth $4,603,000 after buying an additional 108 shares during the period. West Paces Advisors Inc. increased its position in shares of Global Payments by 54.5% in the first quarter. West Paces Advisors Inc. now owns 309 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 109 shares during the period. KFG Wealth Management LLC increased its holdings in Global Payments by 6.4% during the 1st quarter. KFG Wealth Management LLC now owns 1,883 shares of the business services provider’s stock valued at $252,000 after purchasing an additional 114 shares during the period. Finally, Wedmont Private Capital raised its holdings in shares of Global Payments by 0.9% during the first quarter. Wedmont Private Capital now owns 13,859 shares of the business services provider’s stock valued at $1,776,000 after acquiring an additional 119 shares in the last quarter. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Global Payments news, CAO David M. Sheffield sold 1,651 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $100.73, for a total transaction of $166,305.23. Following the completion of the transaction, the chief accounting officer now directly owns 20,531 shares of the company’s stock, valued at $2,068,087.63. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.98% of the stock is owned by insiders.

Global Payments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were given a $0.25 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.00 annualized dividend and a yield of 0.99%. Global Payments’s dividend payout ratio is currently 19.84%.

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.