Trade Report: The Weekly Analysts’ Ratings Updates for Global Payments (GPN)

The Weekly Analysts’ Ratings Updates for Global Payments (GPN)

A number of research firms have changed their ratings and price targets for Global Payments (NYSE: GPN):

Global Payments Inc. (NYSE:GPN) traded up 2.56% on Wednesday, reaching $78.40. The company’s stock had a trading volume of 1,094,263 shares. The company has a market capitalization of $12.04 billion, a price-to-earnings ratio of 38.43 and a beta of 1.09. The firm’s 50 day moving average price is $75.55 and its 200-day moving average price is $73.83. Global Payments Inc. has a 1-year low of $51.29 and a 1-year high of $79.93.

Global Payments (NYSE:GPN) last released its quarterly earnings results on Wednesday, October 5th. The company reported $0.86 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.03. The firm earned $939.50 million during the quarter, compared to analyst estimates of $748.80 million. Global Payments had a return on equity of 27.99% and a net margin of 9.37%. The business’s revenue for the quarter was up 52.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.79 EPS. Equities analysts forecast that Global Payments Inc. will post $3.47 earnings per share for the current year.

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The business also recently declared a quarterly dividend, which will be paid on Friday, November 25th. Stockholders of record on Friday, November 11th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.05%. Global Payments’s payout ratio is 1.95%.

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