Global Payments, Inc. (GPN) stock poised to deliver a potential return of 70.55%

At the time of writing, Global Payments, Inc. [GPN] stock is trading at $100.64, down -0.51%. 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 gain 3.27% over the last week, with a monthly amount glided 9.14%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

For the past year, the stock price of Global Payments, Inc. fluctuated between $91.60 and $141.77. 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 $100.64 at the most recent close of the market. An investor can expect a potential return of 70.55% based on the average GPN price forecast.

Analyzing the GPN fundamentals

According to Global Payments, Inc. [NYSE:GPN], the company’s sales were 9.78B for trailing twelve months, which represents an 5.57% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.82.

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 99.41 points at the first support level, and at 98.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.86, and for the 2nd resistance point, it is at 103.08.

Ratios To Look Out For

It is important to note that Global Payments, Inc. [NYSE:GPN] has a current ratio of 0.92. Further, the Quick Ratio stands at 0.92, while the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 2.63, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 19.98.

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.

Related Posts