Northcoast lifts Global Payments Inc. [GPN] price estimate. Who else is bullish?

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Global Payments Inc. [NYSE: GPN] price surged by 1.53 percent to reach at $2.05. The company report on December 1, 2021 that Global Payments to Participate in UBS Global TMT Conference.

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced today that Jeff Sloan, Chief Executive Officer, will present virtually at the UBS Global TMT Conference at 8 a.m. ET on Tuesday, December 7, 2021.


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Interested parties can listen to a live webcast of the session from the investor relations section of the company’s website at https://investors.globalpaymentsinc.com/. A replay of the webcast will be available after the event.

A sum of 2021063 shares traded at recent session while its average daily volume was at 2.77M shares. Global Payments Inc. shares reached a high of $137.79 and dropped to a low of $134.18 until finishing in the latest session at $136.29.

The one-year GPN stock forecast points to a potential upside of 28.63. The average equity rating for GPN stock is currently 1.90, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $190.95 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.

Northcoast have made an estimate for Global Payments Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 22, 2021. The new note on the price target was released on December 10, 2021, representing the official price target for Global Payments Inc. stock. Previously, the target price had yet another raise to $161, while UBS analysts kept a Buy rating on GPN stock. On November 03, 2021, analysts decreased their price target for GPN shares from 250 to 200.

The Average True Range (ATR) for Global Payments Inc. is set at 4.31, with the Price to Sales ratio for GPN stock in the period of the last 12 months amounting to 4.77. The Price to Book ratio for the last quarter was 1.52, with the Price to Cash per share for the same quarter was set at 8.12. Price to Free Cash Flow for GPN in the course of the last twelve months was 18.31 with Quick ratio for the last quarter at 1.20.

GPN Stock Performance Analysis:

Global Payments Inc. [GPN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.08. With this latest performance, GPN shares gained by 14.49% in over the last four-week period, additionally sinking by -29.09% over the last 6 months – not to mention a drop of -35.14% 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 59.06, with the RSI for the last a single of trading hit 64.79, and the three-weeks RSI is set at 54.05 for Global Payments Inc. [GPN]. The present Moving Average for the last 50 days of trading for this stock 132.94, while it was recorded at 134.92 for the last single week of trading, and 172.64 for the last 200 days.

Insight into Global Payments Inc. 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.

GPN Stock EPS

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 20.26%.

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Global Payments Inc. [GPN] Insider Position Details

There are presently around $33,935 million, or 88.30% 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 34,607,579, which is approximately -20.254% of the company’s market cap and around 0.30% of the total institutional ownership; VANGUARD GROUP INC, holding 23,470,229 shares of the stock with an approximate value of $3.15 billion in GPN stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $2.51 billion in GPN stock with ownership of nearly -3.681% of the company’s market capitalization.

Positions in Global Payments Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 442 institutional holders increased their position in Global Payments Inc. [NYSE:GPN] by around 29,263,695 shares. Additionally, 419 investors decreased positions by around 35,998,086 shares, while 139 investors held positions by with 187,533,578 shares. The mentioned changes placed institutional holdings at 252,795,359 shares, according to the latest SEC report filing. GPN stock had 77 new institutional investments in for a total of 7,106,684 shares, while 109 institutional investors sold positions of 9,884,975 shares during the same period.