Global Payments, Inc. (NYSE: GPN)’s stock price has decreased by -0.72 compared to its previous closing price of 112.07. However, the company has seen a 1.77% increase in its stock price over the last five trading sessions. zacks.com reported 2024-09-11 that GPN is expected to benefit from rising demand for its embedded payments solutions, driving Merchant Solutions growth.
Is It Worth Investing in Global Payments, Inc. (NYSE: GPN) Right Now?
Global Payments, Inc. (NYSE: GPN) has a price-to-earnings ratio of 20.39x that is above its average ratio. Additionally, the 36-month beta value for GPN is 0.99. There are mixed opinions on the stock, with 15 analysts rating it as a “buy,” 11 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
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The public float for GPN is 252.23M and currently, short sellers hold a 2.56% ratio of that float. The average trading volume of GPN on September 19, 2024 was 1.97M shares.
GPN’s Market Performance
GPN’s stock has seen a 1.77% increase for the week, with a 1.24% rise in the past month and a 20.66% gain in the past quarter. The volatility ratio for the week is 1.86%, and the volatility levels for the past 30 days are at 1.97% for Global Payments, Inc. The simple moving average for the last 20 days is 1.31% for GPN stock, with a simple moving average of -4.53% 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 6.68% 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 -21.52% of loss for the given period.
Volatility was left at 1.97%, however, over the last 30 days, the volatility rate increased by 1.86%, as shares surge +2.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.15% upper at present.
During the last 5 trading sessions, GPN rose by +1.77%, which changed the moving average for the period of 200-days by -4.45% in comparison to the 20-day moving average, which settled at $109.96. In addition, Global Payments, Inc. saw -12.39% 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 SHEFFIELD DAVID M, who sale 1,651 shares at the price of $100.73 back on Aug 08 ’24. After this action, SHEFFIELD DAVID M now owns 20,531 shares of Global Payments, Inc., valued at $166,305 using the latest closing price.
SHEFFIELD DAVID M, the Officer of Global Payments, Inc., proposed sale 1,651 shares at $100.73 during a trade that took place back on Aug 08 ’24, which means that SHEFFIELD DAVID M is holding shares at $166,305 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
- 0.63 for the gross margin
The net margin for Global Payments, Inc. stands at 0.14. The total capital return value is set at 0.05. Equity return is now at value 6.33, with 2.85 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 0.12. The debt to equity ratio resting at 0.81. The interest coverage ratio of the stock is 3.2.
Currently, EBITDA for the company is 3.74 billion with net debt to EBITDA at 3.89. When we switch over and look at the enterprise to sales, we see a ratio of 4.47. The receivables turnover for the company is 1.76for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.92.
Conclusion
In conclusion, Global Payments, Inc. (GPN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
