At the time of writing, Global Payments, Inc. [GPN] stock is trading at $98.19, up 0.54%. An important factor to consider is whether the stock is rising or falling in short-term value. The GPN shares have gain 0.53% over the last week, with a monthly amount drifted -10.77%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Monness Crespi & Hardt reaffirmed its Buy rating on September 25, 2024, and dropped its price target to $155. On September 25, 2024, B. Riley Securities reiterated its Buy rating and revised its price target to $194 on the stock. William Blair downgraded its rating to a Mkt Perform. Seaport Research Partners downgraded its rating to a Neutral. BTIG Research downgraded its rating to Neutral for this stock on September 25, 2024. In a note dated June 12, 2024, Wells Fargo initiated an Equal Weight rating and provided a target price of $100 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 $161 within the next 12 months. Global Payments, Inc. [NYSE: GPN] shares were valued at $98.19 at the most recent close of the market. An investor can expect a potential return of 63.97% based on the average GPN price forecast.
Analyzing the GPN fundamentals
According to Global Payments, Inc. [NYSE:GPN], the company’s sales were 9.90B for trailing twelve months, which represents an 4.74% jump. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.14%. 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 of0.81.
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 97.42 points at the first support level, and at 96.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 98.80, and for the 2nd resistance point, it is at 99.40.
Ratios To Look Out For
It is important to note that Global Payments, Inc. [NYSE:GPN] has a current ratio of 0.92. On the other hand, the Quick Ratio is 0.92, and the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 2.52, the price to book ratio is 1.12 and price to earnings (TTM) ratio is 18.00.
Transactions by insiders
Recent insider trading involved SHEFFIELD DAVID M, EVP, Chief Accounting Officer, that happened on Aug 08 ’24 when 1651.0 shares were sold. Officer, SHEFFIELD DAVID M completed a deal on Aug 08 ’24 to buy 1651.0 shares. Meanwhile, Senior EVP and CIO JOHNSTON SHANNON A sold 1727.0 shares on Jun 06 ’24.
