Global Payments (NYSE:GPN – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 12.710-12.820 for the period, compared to the consensus earnings per share estimate of 12.750. The company issued revenue guidance of $9.6 billion-$9.7 billion, compared to the consensus revenue estimate of $9.4 billion.
Analyst Upgrades and Downgrades
GPN has been the subject of a number of analyst reports. Morgan Stanley raised their price objective on shares of Global Payments from $156.00 to $166.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Royal Bank of Canada lowered their target price on shares of Global Payments from $143.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Stephens downgraded Global Payments from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $125.00 to $120.00 in a report on Friday, January 10th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $122.00 price target (down previously from $155.00) on shares of Global Payments in a research note on Thursday, January 9th. Finally, JPMorgan Chase & Co. cut their price target on shares of Global Payments from $118.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $135.71.
Check Out Our Latest Stock Analysis on GPN
Global Payments Stock Performance
Global Payments (NYSE:GPN – Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The business services provider reported $2.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.98 by ($0.14). Global Payments had a return on equity of 11.94% and a net margin of 13.61%. As a group, equities research analysts anticipate that Global Payments will post 11 EPS for the current year.
Insider Activity
In related news, Director Robert H. B. Baldwin, Jr. purchased 5,800 shares of Global Payments stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average cost of $116.00 per share, for a total transaction of $672,800.00. Following the completion of the transaction, the director now owns 42,738 shares in the company, valued at $4,957,608. The trade was a 15.70 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.98% of the company’s stock.
About Global Payments
Global Payments Inc provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. It operates through two segments, Merchant Solutions and Issuer Solutions. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.
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