What is the Price Targets for Global Payments Inc. (GPN)?


Global Payments Inc. (NYSE:GPN) saw a downside of -1.85% to $110.21 after subtracting -$2.08 on Wednesday. The 5-day average trading volume is 1,125,404 shares of the company’s common stock. It has gained $114.73 in the past week and touched a new high 4 times within the past 5 days. An average of 1,445,571 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,054,636.

GPN’s 1-month performance is 17.23% or $13.05 on its low of $96.06 reached on 12/28/22. The company’s shares have touched a 52-week low of $92.27 and high of $152.99, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, GPN has achieved 13.06% or $10.45 and has reached a new high 10 times. However, the current price is down -27.96% from the 52-week high price.

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Insider Transactions

GPN stock investors last saw insider trading activity on Dec 12.BRUNO JOHN G (Director) most recently sold 4,807 shares at $97.47 per share on Nov 09. This transaction cost the insider $468,538. Chief Accounting Officer, SHEFFIELD DAVID M, sold 3,500 shares at a price of $133.20 on Aug 10. Then, on Jun 03, Senior EVP and General Counsel Green David Lawrence sold 16,252 shares at a price of $130.10 per share. This transaction amounted to $2,114,385.

Valuation Metrics

GPN stock has a beta of 0.98. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.30 while the price-to-book (PB) in the most recent quarter is 1.36, with the price to cash flow ratio at 21.01.

Global Payments Inc.’s quick ratio for the period ended September 29 was 1.00, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.54, while the total debt to equity was 0.61. In terms of profitability, the gross margin trailing 12 months is 57.20%. The firm’s gross profit as reported stood at $4.75 billion against revenue of $8.52 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -2.17% to $290.45 million, while revenue of -$673.0 million was 331.71% off the previous quarter. Analysts expected GPN to announce $2.48 per share in earnings in its latest quarter, but it posted $2.48, representing a 0.00% surprise. EBITDA for the quarter stood at more than $819.88 million. GPN stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 21.07 billion, with total debt at $13.89 billion. Shareholders hold equity totaling $270.4 million.

Let’s look briefly at Global Payments Inc. (GPN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 57.93% to suggest the stock is trending Neutral, with historical volatility in this time period at 32.62%.

The stock’s 5-day moving average is $111.21, reflecting a +0.51% or $0.56 change from its current price. GPN is currently trading +13.49% above its 20-day SMA, -11.64% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +6.69% and SMA200 by-18.45%.

Stochastic %K and %D was 80.32% and 85.01% and the average true range (ATR) pointed at 3.04. The RSI (14) points at 58.88%, while the 14-day stochastic is at 63.87% with the period’s ATR at 3.03. The stock’s 9-day MACD Oscillator is pointing at 1.52 and 3.45 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Global Payments Inc. (NYSE: GPN), Morgan Stanley upgraded it to an Overweight rating. They previously had an Equal-weight rating on the stock.

What is GPN’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $89.00 and a high of $220.00, with their median price target at $135.00. Looking at these predictions, the average price target given by analysts is for Global Payments Inc. (GPN) stock is $140.93.


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