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After finishing at $96.22 in the prior trading day, Global Payments, Inc. (NYSE: GPN) closed at $95.52, down -0.73%. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 1.61 million shares were traded. GPN stock price reached its highest trading level at $96.69 during the session, while it also had its lowest trading level at $94.8.
Ratios:
Our goal is to gain a better understanding of GPN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.70.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on June 12, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $100.
On May 03, 2024, Monness Crespi & Hardt reiterated its Buy rating and also upped its target price recommendation from $175 to $165.
Evercore ISI Upgraded its In-line to Outperform on February 02, 2024, whereas the target price for the stock was revised from $129 to $185.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 06 ’24 when JOHNSTON SHANNON A sold 1,727 shares for $98.33 per share. The transaction valued at 169,816 led to the insider holds 12,489 shares of the business.
Carter Andrea M sold 3,300 shares of GPN for $367,422 on May 09 ’24. The Senior Executive VP and CHRO now owns 25,209 shares after completing the transaction at $111.34 per share. On Dec 14 ’23, another insider, WOODS M TROY, who serves as the Director of the company, sold 5,247 shares for $133.77 each. As a result, the insider received 701,891 and left with 248,029 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GPN now has a Market Capitalization of 24381478912 and an Enterprise Value of 41228378112. As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.97, and their Forward P/E ratio for the next fiscal year is 7.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 4.215 whereas that against EBITDA is 9.883.
Stock Price History:
Over the past 52 weeks, GPN has reached a high of $141.77, while it has fallen to a 52-week low of $91.60. The 50-Day Moving Average of the stock is -8.07%, while the 200-Day Moving Average is calculated to be -19.58%.
Shares Statistics:
The stock has traded on average 2.32M shares per day over the past 3-months and 1904880 shares per day over the last 10 days, according to various share statistics. A total of 260.38M shares are outstanding, with a floating share count of 253.06M. Insiders hold about 0.86% of the company’s shares, while institutions hold 92.40% stake in the company. Shares short for GPN as of 1718323200 were 6025105 with a Short Ratio of 2.59, compared to 1715731200 on 6804333. Therefore, it implies a Short% of Shares Outstanding of 6025105 and a Short% of Float of 2.3699999.
Dividends & Splits
In the trailing 12 months, GPN’s forward annual dividend rate was 1.0, compared to 1.00 this year. Against a Trailing Annual Dividend Yield of 0.010392849The stock’s 5-year Average Dividend Yield is 0.59.
