Stocks of Global Payments, Inc (NYSE:GPN) traded higher last session on Wall Street, up 5.81% to $71.39.
GPN stock price is now -25.39% away from the 50-day moving average and -31.65% away from the 200-day moving average. The market capitalization of the company currently stands at $17.55B.
With the price target maintained at $78, TD Cowen recently Downgraded its rating from Buy to Hold for Global Payments, Inc (NYSE: GPN). On April 21, 2025, Jefferies Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $75, while ‘Keefe Bruyette’ rates the stock as ‘Mkt Perform’
In other news, BALDWIN ROBERT H B JR, Director bought 5,800 shares of the company’s stock on Dec 13 ’24. The stock was bought for $672,800 at an average price of $116.00. Upon completion of the transaction, the Director now directly owns 42,738 shares in the company, valued at $3.05 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 04 ’24, Chief Human Resources Officer Carter Andrea M sold 2,366 shares of the business’s stock. A total of $250,015 was realized by selling the stock at an average price of $105.67. This leaves the insider owning 22,078 shares of the company worth $1.58 million. A total of 0.94% of the company’s stock is owned by insiders.
During the past 12 months, Global Payments, Inc has had a low of $65.93 and a high of $127.66. As of last week, the company has a debt-to-equity ratio of 0.77, a current ratio of 0.97, and a quick ratio of 0.97. According to the stock market information, the enterprise value for the company is $33052424192, which is based on a 11.56 price-to-earnings ratio, a 1.12 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for GPN is $95.6906 and a two-hundred day moving average price translates $104.45305 for the stock.
The latest earnings results from Global Payments, Inc (NYSE: GPN) was released for 2024-12-31. The net profit margin was 15.54% and return on equity was 6.94% for GPN. The company reported revenue of $2.52 billion for the quarter, compared to $2.43 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.35 percent. For the current quarter, analysts expect GPN to generate $2.2B in revenue.
