Global Payments, Inc. [NYSE: GPN] plunged by -$13.71 during the normal trading session on while it closed the day at $109.06.
Global Payments, Inc. stock has also loss -14.44% of its value over the past 7 days. However, GPN stock has declined by -18.14% in the 3 months of the year. Over the past six months meanwhile, it has gained 5.07% and lost -14.13% year-on date.
The market cap for GPN stock reached $28.14 billion, with 260.38 million shares outstanding and 255.80 million shares in the current float. Compared to the average trading volume of 2.19M shares, GPN reached a trading volume of 9060366 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 $158.54 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 1.55. 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.
Evercore ISI have made an estimate for Global Payments, Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 02, 2024. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Market Perform. The new note on the price target was released on December 05, 2023, representing the official price target for Global Payments, Inc. stock. Previously, the target price had yet another raise to $135, while BTIG Research analysts kept a Buy rating on GPN stock.
The Average True Range (ATR) for Global Payments, Inc. is set at 3.41, with the Price to Sales ratio for GPN stock in the period of the last 12 months amounting to 2.91. The Price to Book ratio for the last quarter was 1.23, with the Price to Cash per share for the same quarter was set at 8.74. Price to Free Cash Flow for GPN in the course of the last twelve months was 17.69 with Quick ratio for the last quarter at 0.99.
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 -14.44. With this latest performance, GPN shares dropped by -15.04% in over the last four-week period, additionally plugging by 5.07% over the last 6 months – not to mention a rise of 5.88% 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 20.98, with the RSI for the last a single of trading hit 15.23, and the three-weeks RSI is set at 25.96 for Global Payments, Inc. [GPN]. The present Moving Average for the last 50 days of trading for this stock 128.34, while it was recorded at 121.14 for the last single week of trading, and 123.21 for the last 200 days.
Global Payments, Inc. [GPN]: An insightful look at the core fundamentals
Global Payments, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.99 and a Current Ratio set at 0.99.
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 13.82%.
Global Payments, Inc. [GPN]: Institutional Ownership
The top three institutional holders of GPN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in GPN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in GPN stock with ownership which is approximately 5.8386%.
