Global Payments (NYSE:GPN – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 12.710-12.820 for the period, compared to the consensus earnings per share estimate of 12.750. The company issued revenue guidance of $9.6 billion-$9.7 billion, compared to the consensus revenue estimate of $9.4 billion.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the stock. Barclays boosted their target price on shares of Global Payments from $120.00 to $135.00 and gave the company an “overweight” rating in a report on Tuesday, December 17th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $122.00 price objective (down from $155.00) on shares of Global Payments in a research report on Thursday, January 9th. Keefe, Bruyette & Woods increased their price target on Global Payments from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, December 9th. JPMorgan Chase & Co. reduced their price objective on shares of Global Payments from $118.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, October 29th. Finally, Bank of America lowered their target price on shares of Global Payments from $156.00 to $149.00 and set a “buy” rating for the company in a research note on Friday. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $136.18.
Check Out Our Latest Report on GPN
Global Payments Stock Performance
Global Payments (NYSE:GPN – Get Free Report) last posted its quarterly 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 return on equity of 11.94% and a net margin of 13.61%. On average, equities research analysts forecast that Global Payments will post 11 EPS for the current fiscal year.
Global Payments Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.95%. The ex-dividend date is Friday, March 14th. Global Payments’s dividend payout ratio (DPR) is presently 18.83%.
Insiders Place Their Bets
In related news, Director Robert H. B. Baldwin, Jr. acquired 5,800 shares of the business’s stock in a transaction on Friday, December 13th. The shares were bought at an average price of $116.00 per share, with a total value of $672,800.00. Following the completion of the acquisition, the director now owns 42,738 shares in the company, valued at $4,957,608. This trade represents a 15.70 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.98% of the stock is owned by company insiders.
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.
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