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After finishing at $97.67 in the prior trading day, Global Payments, Inc. (NYSE: GPN) closed at $101.02, up 3.43%. In other words, the price has increased by $3.43 from its previous closing price. On the day, 2.7 million shares were traded. GPN stock price reached its highest trading level at $101.52 during the session, while it also had its lowest trading level at $97.85.
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 11.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.21. 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 0.81 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 September 25, 2024, Reiterated its Buy rating but revised its target price to $155 from $165 previously.
On September 25, 2024, B. Riley Securities reiterated its Buy rating and also upped its target price recommendation from $204 to $194.
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 Aug 08 ’24 when SHEFFIELD DAVID M sold 1,651 shares for $100.73 per share. The transaction valued at 166,305 led to the insider holds 20,531 shares of the business.
SHEFFIELD DAVID M bought 1,651 shares of GPN for $166,305 on Aug 08 ’24. On Jun 06 ’24, another insider, JOHNSTON SHANNON A, who serves as the Senior EVP and CIO of the company, sold 1,727 shares for $98.33 each. As a result, the insider received 169,816 and left with 12,489 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 25703223296 and an Enterprise Value of 42566705152. As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.52, and their Forward P/E ratio for the next fiscal year is 7.80. 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 2.60 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 4.3 whereas that against EBITDA is 10.032.
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 -4.12%, while the 200-Day Moving Average is calculated to be -12.98%.
Shares Statistics:
The stock has traded on average 2.14M shares per day over the past 3-months and 3549150 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 252.23M. Insiders hold about 0.87% of the company’s shares, while institutions hold 91.90% stake in the company. Shares short for GPN as of 1726185600 were 7525272 with a Short Ratio of 3.52, compared to 1723680000 on 6148383. Therefore, it implies a Short% of Shares Outstanding of 7525272 and a Short% of Float of 2.97.
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 0.010238559The stock’s 5-year Average Dividend Yield is 0.62.
