Global Payments, Inc. (GPN) is looking forward to a strong quarter

With 0.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.93 million shares. The 52-week range on GPN shows that it touched its highest point at $138.07 and its lowest point at $94.05 during that stretch. It currently has a 1-year price target of $149.69. With its current market cap of 35.58 billion, GPN has annualized dividend of $1.03 while the current yield stands at 0.75%. Beta for the stock currently stands at 0.99.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GPN was up-trending over the past week, with a rise of 0.98%, but this was up by 4.03% over a month. Three-month performance surged to 24.44% while six-month performance rose 10.15%. The stock gained 19.57% in the past year, while it has gained 7.58% so far this year. A look at the trailing 12-month EPS for GPN yields 3.33 with Next year EPS estimates of 11.76. For the next quarter, that number is 2.64. This implies an EPS growth rate of 11.73% for this year and 12.95% for next year. EPS is expected to grow by 14.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -33.06%.


Float and Shares Shorts:

At present, 263.08 million GPN shares are outstanding with a float of 257.60 million shares on hand for trading. On Jan 11, 2024, short shares totaled 3.84 million, which was 1.47% higher than short shares on Dec 14, 2023. In addition to Mr. Cameron M. Bready CPA as the firm’s President, CEO & Director, Mr. Joshua J. Whipple serves as its Senior EVP & CFO.

Institutional Ownership:

Through their ownership of 89.73% of GPN’s outstanding shares, institutional investors have majority control over the company.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GPN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With GPN analysts setting a high price target of $186.00 and a low target of $90.00, the average target price over the next 12 months is $149.69. Based on these targets, GPN could surge 36.13% to reach the target high and fall by -34.13% to reach the target low. Reaching the average price target will result in a growth of 9.56% from current levels.

Summary of Insider Activity:

Insiders traded GPN stock several times over the past three months with 0 Buys and 1 Sells. In these transactions, 0 shares were bought while 1,800 shares were sold. The number of buy transactions has increased to 26 while that of sell transactions has risen to 23 over the past year. The total number of shares bought during that period was 181,838 while 140,412 shares were sold.