Global Payments Inc. (NYSE:GPN) finished Wednesday with a subtraction of -$1.31 to close at $96.37, a downside of -1.34 percent. An average of 1,515,260 shares of common stock have been traded in the last five days. There was a gain of $2.37 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 2,451,800 shares traded, while the 50-day average volume stands at 2,571,562.
GPN stock has decreased by -3.41% in the last month. The company shares reached their 1-month lowest point of $92.27 on 12/19/22. With the stock rallying to its 52-week high on 01/07/22, shares of the company touched a low of $92.27 and a high of $153.76 in 52 weeks. It has reached a new high 5 times so far this year and lost -28.71% or -$38.81 in price. In spite of this, the price is down -37.32% from the 52-week high.
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GPN stock investors should be aware that Global Payments Inc. (GPN) stock had its last reported insider trading activity 50 days ago on Dec 12. In this transaction, the insider spent $468,538. Chief Accounting Officer, SHEFFIELD DAVID M, disposed of 3,500 shares at a price of $133.20 on Aug 10. The insider now owns more than $466,200 worth of shares. Prior to that, Senior EVP and General Counsel Green David Lawrence went on to Sale 16,252 shares at $130.10 each on Jun 03. An amount of $2,114,385 was transacted.
Global Payments Inc. (GPN) has a trailing price-to-earnings (P/E) ratio of 430.22. The stock’s beta is 1.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.86, the price-to-book (PB) ratio at 1.17, and the price-to-cash flow ratio at 18.17.
The company has a payout ratio of 437.50%. The company’s most recent quarterly dividend payment was $0.25 a share, without any change from last year. Its latest increase dividend $0.0550 reported on Monday August 2 2021.
The quick ratio of Global Payments Inc. for the three months ended September 29 was 1.00, and the current ratio was 1.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.54 and a total debt to equity ratio of 0.61 for the quarter ending September 29. Its gross profit as reported stood at $4.75 billion compared to revenue of $8.52 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Global Payments Inc.’s return on assets was 0.20%.
For the three-month period that ended September 29, Global Payments Inc. had $12.29 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $290.45 million in the quarter, while revenues were shrunk -2.17%. The analyst consensus anticipated Global Payments Inc.’s latest quarter earnings to come in at $2.48 per share, but it turned out to be $2.48, a 0.00% surprise. For the quarter, EBITDA amounted to $819.88 million. Shareholders own equity worth $270.4 million.
From a technical analysis perspective, let’s take a brief look at Global Payments Inc. (GPN) price momentum. RSI 9-day as of the close on 28 December was 46.51%, suggesting the stock is Neutral, with historical volatility in this time frame at 27.64%.
As of today, GPN’s price is $96.22 +2.52% or $2.37 from its 5-day moving average. GPN is currently trading -3.47% lower than its 20-day SMA and -24.71% lower than its 100-day SMA. However, the stock’s current price level is -14.63% below the SMA50 and -24.17% below the SMA200.
The stochastic %K and %D were 40.89% and 38.52%, respectively, and the average true range (ATR) was 2.81. With the 14-day stochastic at 36.03% and the average true range at 3.03, the RSI (14) stands at 44.54%. The stock has reached 1.60 on the 9-day MACD Oscillator while the 14-day reading was at 0.39.
Robert W. Baird downgraded Global Payments Inc. (NYSE: GPN) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for Global Payments Inc. (GPN) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GPN, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 21 others rate it as a “buy”.