The outlook and analysis of Global Payments, Inc. (GPN)’s stock

Global Payments, Inc. [GPN] stock prices are up 0.21% to $123.43 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GPN shares have lost -3.69% over the last week, with a monthly amount drifted -4.97%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Global Payments, Inc. [NYSE: GPN] stock has seen the most recent analyst activity on February 02, 2024, when Evercore ISI upgraded its rating to a Outperform and also boosted its price target to $185 from $129. Previously, BMO Capital Markets started tracking the stock with Market Perform rating on December 05, 2023, and set its price target to $138. On November 20, 2023, BTIG Research initiated with a Buy rating and assigned a price target of $135 on the stock. Seaport Research Partners initiated its recommendation with a Buy and recommended $140 as its price target on October 12, 2023. TD Cowen started tracking with a Outperform rating for this stock on October 06, 2023, and assigned it a price target of $150. In a note dated October 02, 2023, Monness Crespi & Hardt initiated an Buy rating and provided a target price of $175 on this stock.

The stock price of Global Payments, Inc. [GPN] has been fluctuating between $95.12 and $141.77 over the past year. Currently, Wall Street analysts expect the stock to reach $177.09 within the next 12 months. Global Payments, Inc. [NYSE: GPN] shares were valued at $123.43 at the most recent close of the market. An investor can expect a potential return of 43.47% based on the average GPN price forecast.

Analyzing the GPN fundamentals

The Global Payments, Inc. [NYSE:GPN] reported sales of 9.65B for trailing twelve months, representing a surge of 8.03%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.76.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 122.52 points at the first support level, and at 121.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 124.58, and for the 2nd resistance point, it is at 125.72.

Ratios To Look Out For

It’s worth pointing out that Global Payments, Inc. [NYSE:GPN]’s Current Ratio is 0.99. Further, the Quick Ratio stands at 0.99, while the Cash Ratio is 0.26. Considering the valuation of this stock, the price to sales ratio is 3.30, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 32.68.

Transactions by insiders

Recent insider trading involved WOODS M TROY, Director, that happened on Dec 14 ’23 when 5247.0 shares were sold. Director, BALDWIN ROBERT H B JR completed a deal on Dec 08 ’23 to buy 3500.0 shares. Meanwhile, EVP, Chief Accounting Officer SHEFFIELD DAVID M sold 1800.0 shares on Nov 15 ’23.

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