In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Global Payments, Inc. (NYSE: GPN) closed the day trading at $111.37 up 0.75% from the previous closing price of $110.54. In other words, the price has increased by $0.75 from its previous closing price. On the day, 3.17 million shares were traded. GPN stock price reached its highest trading level at $112.575 during the session, while it also had its lowest trading level at $109.84.
Ratios:
For a better understanding of GPN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.96. 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, Monness Crespi & Hardt on May 03, 2024, Reiterated its Buy rating but revised its target price to $165 from $175 previously.
On February 02, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $129 to $185.
On December 05, 2023, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $138.BMO Capital Markets initiated its Market Perform rating on December 05, 2023, with a $138 target price.
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 Dec 14 ’23 when WOODS M TROY sold 5,247 shares for $133.77 per share. The transaction valued at 701,891 led to the insider holds 248,029 shares of the business.
BALDWIN ROBERT H B JR bought 3,500 shares of GPN for $420,210 on Dec 08 ’23. The Director now owns 40,892 shares after completing the transaction at $120.06 per share. On Nov 15 ’23, another insider, SHEFFIELD DAVID M, who serves as the EVP, Chief Accounting Officer of the company, sold 1,800 shares for $112.85 each. As a result, the insider received 203,130 and left with 22,335 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 28427192320 and an Enterprise Value of 45274087424. As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.12, and their Forward P/E ratio for the next fiscal year is 8.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 4.628 whereas that against EBITDA is 10.852.
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 $95.12. The 50-Day Moving Average of the stock is -12.93%, while the 200-Day Moving Average is calculated to be -9.60%.
Shares Statistics:
Over the past 3-months, GPN traded about 2.36M shares per day on average, while over the past 10 days, GPN traded about 2610380 shares per day. A total of 260.38M shares are outstanding, with a floating share count of 253.06M. Insiders hold about 0.85% of the company’s shares, while institutions hold 91.49% stake in the company. Shares short for GPN as of 1713139200 were 7513792 with a Short Ratio of 3.18, compared to 1710460800 on 7181111. Therefore, it implies a Short% of Shares Outstanding of 7513792 and a Short% of Float of 2.96.
Dividends & Splits
GPN’s forward annual dividend rate is 1.00, up from 1.0 a year ago. Against a Trailing Annual Dividend Yield of 0.009046499The stock’s 5-year Average Dividend Yield is 0.56.
