Global Payments, Inc. (NYSE: GPN) has a price-to-earnings ratio that is above its average at 19.93x. The stock has a 36-month beta value of 0.98. Opinions on the stock are mixed, with 15 analysts rating it as a “buy,” 11 as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for GPN is 253.06M, and at present, short sellers hold a 2.36% of that float. On July 23, 2024, the average trading volume of GPN was 2.48M shares.
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GPN) stock’s latest price update
Global Payments, Inc. (NYSE: GPN)’s stock price has decreased by -0.29 compared to its previous closing price of 100.64. However, the company has seen a 0.85% increase in its stock price over the last five trading sessions. investorplace.com reported 2024-07-21 that The stock market appears to be entering a major rotation. Over the past week, the largest tech and momentum stocks have started selling off.
GPN’s Market Performance
Global Payments, Inc. (GPN) has seen a 0.85% rise in stock performance for the week, with a 6.34% gain in the past month and a -17.81% plunge in the past quarter. The volatility ratio for the week is 2.92%, and the volatility levels for the past 30 days are at 2.27% for GPN. The simple moving average for the last 20 days is 3.01% for GPN stock, with a simple moving average of -14.81% for the last 200 days.
Analysts’ Opinion of GPN
Many brokerage firms have already submitted their reports for GPN stocks, with Wells Fargo repeating the rating for GPN by listing it as a “Equal Weight.” The predicted price for GPN in the upcoming period, according to Wells Fargo is $100 based on the research report published on June 12, 2024 of the current year 2024.
Monness Crespi & Hardt, on the other hand, stated in their research note that they expect to see GPN reach a price target of $165, previously predicting the price at $175. The rating they have provided for GPN stocks is “Buy” according to the report published on May 03rd, 2024.
Evercore ISI gave a rating of “Outperform” to GPN, setting the target price at $185 in the report published on February 02nd of the current year.
GPN Trading at 0.22% from the 50-Day Moving Average
After a stumble in the market that brought GPN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.22% of loss for the given period.
Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares surge +5.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.64% lower at present.
During the last 5 trading sessions, GPN rose by +0.85%, which changed the moving average for the period of 200-days by -10.29% in comparison to the 20-day moving average, which settled at $97.68. In addition, Global Payments, Inc. saw -20.98% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GPN starting from JOHNSTON SHANNON A, who sale 1,727 shares at the price of $98.33 back on Jun 06 ’24. After this action, JOHNSTON SHANNON A now owns 12,489 shares of Global Payments, Inc., valued at $169,816 using the latest closing price.
Carter Andrea M, the Senior Executive VP and CHRO of Global Payments, Inc., sale 3,300 shares at $111.34 during a trade that took place back on May 09 ’24, which means that Carter Andrea M is holding 25,209 shares at $367,422 based on the most recent closing price.
Stock Fundamentals for GPN
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.62 for the gross margin
The net margin for Global Payments, Inc. stands at 0.13. The total capital return value is set at 0.05. Equity return is now at value 5.92, with 2.61 for asset returns.
Based on Global Payments, Inc. (GPN), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 3.02.
Currently, EBITDA for the company is 3.74 billion with net debt to EBITDA at 4.08. When we switch over and look at the enterprise to sales, we see a ratio of 4.26. The receivables turnover for the company is 1.47for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.92.
Conclusion
To sum up, Global Payments, Inc. (GPN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
