What is the best trade option for Global Payments, Inc. (GPN) stock?

Global Payments, Inc. [GPN] stock is trading at $97.09, up 1.47%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GPN shares have gain 1.51% over the last week, with a monthly amount drifted -4.67%, 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 June 12, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $100. Previously, Monness Crespi & Hardt reaffirmed its Buy rating on May 03, 2024, and dropped its price target to $165. On February 02, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $185 on the stock. BMO Capital Markets started tracking the stock assigning a Market Perform rating and suggested a price target of $138 on December 05, 2023. BTIG Research initiated its recommendation with a Buy and recommended $135 as its price target on November 20, 2023. In a note dated October 12, 2023, Seaport Research Partners initiated an Buy rating and provided a target price of $140 on this stock.

Global Payments, Inc. [GPN] stock has fluctuated between $91.60 and $141.77 over the past year. Currently, Wall Street analysts expect the stock to reach $171.64 within the next 12 months. Global Payments, Inc. [NYSE: GPN] shares were valued at $97.09 at the most recent close of the market. An investor can expect a potential return of 76.78% based on the average GPN price forecast.

Analyzing the GPN fundamentals

Global Payments, Inc. [NYSE:GPN] reported sales of 9.78B for the trailing twelve months, which represents a growth of 5.57%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.

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 96.18 points at the first support level, and at 95.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 97.55, and for the 2nd resistance point, it is at 98.01.

Ratios To Look Out For

For context, Global Payments, Inc.’s Current Ratio is 0.92. Also, the Quick Ratio is 0.92, while the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 2.53, the price to book ratio is 1.11 and price to earnings (TTM) ratio is 19.28.

Transactions by insiders

Recent insider trading involved JOHNSTON SHANNON A, Senior EVP and CIO, that happened on Jun 06 ’24 when 1727.0 shares were sold. Senior Executive VP and CHRO, Carter Andrea M completed a deal on May 09 ’24 to sell 3300.0 shares. Meanwhile, Director WOODS M TROY sold 5247.0 shares on Dec 14 ’23.

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