Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Global Payments, Inc.’s stock clocked out at $109.06, down -11.17% from its previous closing price of $122.77. In other words, the price has decreased by -$11.17 from its previous closing price. On the day, 9.06 million shares were traded. GPN stock price reached its highest trading level at $122.12 during the session, while it also had its lowest trading level at $108.52.
Ratios:
To gain a deeper understanding of GPN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.77 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 the company, Evercore ISI on February 02, 2024, Upgraded its rating to Outperform and sets its target price to $185 from $129 previously.
On December 05, 2023, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $138.
On November 20, 2023, BTIG Research started tracking the stock assigning a Buy rating and target price of $135.BTIG Research initiated its Buy rating on November 20, 2023, with a $135 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 27837564928 and an Enterprise Value of 48159285248. As of this moment, Global’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.87, and their Forward P/E ratio for the next fiscal year is 8.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.09. 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 1.23. Its current Enterprise Value per Revenue stands at 4.988 whereas that against EBITDA is 12.071.
Stock Price History:
The Beta on a monthly basis for GPN is 0.97, which has changed by 0.074694514 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 -15.31%, while the 200-Day Moving Average is calculated to be -11.50%.
Shares Statistics:
It appears that GPN traded 2.19M shares on average per day over the past three months and 2297370 shares per day over the past ten days. A total of 260.38M shares are outstanding, with a floating share count of 255.80M. Insiders hold about 0.85% of the company’s shares, while institutions hold 90.26% stake in the company. Shares short for GPN as of 1713139200 were 7513792 with a Short Ratio of 3.43, 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
With its trailing 12-month dividend rate of 1.0, GPN has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.008145313The stock’s 5-year Average Dividend Yield is 0.56. The current Payout Ratio is 26.54% for GPN, which recently paid a dividend on 2024-03-14 with an ex-dividend date of 1710374400. Stock splits for the company last occurred on 2015-11-03 when the company split stock in a 2:1 ratio.
Earnings Estimates
The dynamic stock of Global Payments, Inc. (GPN) is currently attracting attention from 29.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $2.57 for the current quarter, with a high estimate of $2.64 and a low estimate of $2.48, while EPS last year was $2.4. The consensus estimate for the next quarter is $2.92, with high estimates of $2.98 and low estimates of $2.88.
Analysts are recommending an EPS of between $11.85 and $10.58 for the fiscal current year, implying an average EPS of $11.59. EPS for the following year is $13.16, with 35.0 analysts recommending between $13.78 and $11.41.
Revenue Estimates
In the current quarter, 24 analysts expect revenue to total $2.18B. It ranges from a high estimate of $2.22B to a low estimate of $2.13B. As of the current estimate, Global Payments, Inc.’s year-ago sales were $2.05BFor the next quarter, 24 analysts are estimating revenue of $2.33B. There is a high estimate of $2.34B for the next quarter, whereas the lowest estimate is $2.3B.
A total of 30 analysts have provided revenue estimates for GPN’s current fiscal year. The highest revenue estimate was $9.29B, while the lowest revenue estimate was $9.19B, resulting in an average revenue estimate of $9.24B. In the same quarter a year ago, actual revenue was $8.67BBased on 30 analysts’ estimates, the company’s revenue will be $9.9B in the next fiscal year. The high estimate is $10.01B and the low estimate is $9.77B.
