Global Payments Inc. [NYSE: GPN] closed the trading session at $169.57 on 08/03/21. The day’s price range saw the stock hit a low of $164.79, while the highest price level was $176.48. The company report on August 2, 2021 that Global Payments Reports Second Quarter 2021 Results.
Raises 2021 Outlook.
Deepens European Presence through Proposed Bankia Payments Acquisitions.
The stocks have a year to date performance of -21.28 percent and weekly performance of -12.00 percent. The stock has been moved at -11.11 percent over the last six months. The stock has performed -12.30 percent around the most recent 30 days and changed -17.48 percent over the most recent 3-months.
If compared to the average trading volume of 1.73M shares, GPN reached to a volume of 7058712 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Global Payments Inc. [GPN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GPN shares is $231.59 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GPN stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Compass Point have made an estimate for Global Payments Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 12, 2021. While these analysts kept the previous recommendation, Bernstein raised their target price to Outperform. The new note on the price target was released on January 27, 2021, representing the official price target for Global Payments Inc. stock. Previously, the target price had yet another raise to $199, while Loop Capital analysts kept a Buy rating on GPN stock.
The Average True Range (ATR) for Global Payments Inc. is set at 5.60, with the Price to Sales ratio for GPN stock in the period of the last 12 months amounting to 6.66. The Price to Book ratio for the last quarter was 1.88, with the Price to Cash per share for the same quarter was set at 7.06. Price to Free Cash Flow for GPN in the course of the last twelve months was 24.28 with Quick ratio for the last quarter at 1.20.
GPN stock trade performance evaluation
Global Payments Inc. [GPN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.00. With this latest performance, GPN shares dropped by -12.30% in over the last four-week period, additionally sinking by -11.11% over the last 6 months – not to mention a drop of -5.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GPN stock in for the last two-week period is set at 26.36, with the RSI for the last a single of trading hit 20.58, and the three-weeks RSI is set at 30.26 for Global Payments Inc. [GPN]. The present Moving Average for the last 50 days of trading for this stock 191.26, while it was recorded at 183.93 for the last single week of trading, and 195.81 for the last 200 days.
Global Payments Inc. [GPN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Global Payments Inc. [GPN] shares currently have an operating margin of +16.35 and a Gross Margin at +50.82. Global Payments Inc.’s Net Margin is presently recorded at +7.87.
Return on Total Capital for GPN is now 3.20, given the latest momentum, and Return on Invested Capital for the company is 1.59. Return on Equity for this stock inclined to 2.12, with Return on Assets sitting at 1.32. When it comes to the capital structure of this company, Global Payments Inc. [GPN] has a Total Debt to Total Equity ratio set at 37.33. Additionally, GPN Total Debt to Total Capital is recorded at 27.18, with Total Debt to Total Assets ending up at 23.09. Long-Term Debt to Equity for the company is recorded at 32.61, with the Long-Term Debt to Total Capital now at 23.75.
Reflecting on the efficiency of the workforce at the company, Global Payments Inc. [GPN] managed to generate an average of $24,355 per employee. Receivables Turnover for the company is 3.47 with a Total Asset Turnover recorded at a value of 0.17.Global Payments Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.
Earnings per share (EPS) analysis for Global Payments Inc. [GPN] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GPN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Global Payments Inc. go to 19.32%.
Global Payments Inc. [GPN]: Insider Ownership positions
There are presently around $44,034 million, or 90.10% of GPN stock, in the hands of institutional investors. The top three institutional holders of GPN stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 45,537,535, which is approximately -6.823% of the company’s market cap and around 0.30% of the total institutional ownership; VANGUARD GROUP INC, holding 23,429,520 shares of the stock with an approximate value of $3.97 billion in GPN stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $3.35 billion in GPN stock with ownership of nearly 1.173% of the company’s market capitalization.
Positions in Global Payments Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 427 institutional holders increased their position in Global Payments Inc. [NYSE:GPN] by around 14,955,201 shares. Additionally, 411 investors decreased positions by around 18,388,373 shares, while 151 investors held positions by with 226,334,601 shares. The mentioned changes placed institutional holdings at 259,678,175 shares, according to the latest SEC report filing. GPN stock had 92 new institutional investments in for a total of 3,090,948 shares, while 73 institutional investors sold positions of 1,198,679 shares during the same period.