Zacks Research Forecasts Global Payments FY2027 Earnings

Global Payments Inc. (NYSE:GPN) – Investment analysts at Zacks Research issued their FY2027 earnings per share estimates for Global Payments in a report released on Tuesday, February 25th. Zacks Research analyst K. Dey anticipates that the business services provider will earn $15.30 per share for the year. The consensus estimate for Global Payments’ current full-year earnings is $11.89 per share.

Global Payments (NYSE:GPN) last issued its quarterly earnings results on Thursday, February 13th. The business services provider reported $2.84 EPS for the quarter, missing analysts’ consensus estimates of $2.98 by ($0.14). The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.31 billion. Global Payments had a net margin of 15.54% and a return on equity of 12.21%.

GPN has been the topic of several other research reports. Citigroup cut their price objective on Global Payments from $138.00 to $135.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. Barclays cut their price objective on Global Payments from $135.00 to $125.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. The Goldman Sachs Group restated a “neutral” rating and set a $122.00 price objective (down previously from $155.00) on shares of Global Payments in a research note on Thursday, January 9th. Keefe, Bruyette & Woods upped their price objective on Global Payments from $130.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, December 9th. Finally, StockNews.com upgraded Global Payments from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.33.

Global Payments Trading Up 2.2 %

Shares of GPN opened at $105.51 on Thursday. The company has a market capitalization of $26.13 billion, a P/E ratio of 17.07, a P/E/G ratio of 0.86 and a beta of 1.01. Global Payments has a one year low of $91.60 and a one year high of $140.38. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 0.97. The stock has a 50-day moving average price of $109.05 and a 200 day moving average price of $108.95.

Global Payments Dividend Announcement

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 given 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 is currently 16.18%.

Insider Activity at Global Payments

In other news, Director Robert H. B. Baldwin, Jr. purchased 5,800 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was purchased at an average cost of $116.00 per share, with a total value of $672,800.00. Following the purchase, the director now owns 42,738 shares in the company, valued at $4,957,608. This trade represents a 15.70 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.98% of the stock is owned by insiders.

Hedge Funds Weigh In On Global Payments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tidal Investments LLC boosted its stake in Global Payments by 0.3% during the 3rd quarter. Tidal Investments LLC now owns 26,946 shares of the business services provider’s stock valued at $2,760,000 after purchasing an additional 86 shares in the last quarter. Sage Capital Advisors llc boosted its stake in Global Payments by 0.3% during the 4th quarter. Sage Capital Advisors llc now owns 28,232 shares of the business services provider’s stock valued at $3,164,000 after purchasing an additional 96 shares in the last quarter. SYM FINANCIAL Corp boosted its stake in Global Payments by 4.1% during the 3rd quarter. SYM FINANCIAL Corp now owns 2,440 shares of the business services provider’s stock valued at $250,000 after purchasing an additional 97 shares in the last quarter. Private Trust Co. NA boosted its stake in Global Payments by 11.2% during the 4th quarter. Private Trust Co. NA now owns 992 shares of the business services provider’s stock valued at $111,000 after purchasing an additional 100 shares in the last quarter. Finally, Truvestments Capital LLC boosted its stake in Global Payments by 2.9% during the 4th quarter. Truvestments Capital LLC now owns 3,685 shares of the business services provider’s stock valued at $413,000 after purchasing an additional 103 shares in the last quarter. 89.76% of the stock is owned by institutional investors.

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.