Global Payments, Inc (NYSE: GPN) is 0.76% higher on its value in year-to-date trading and has touched a low of $91.60 and a high of $141.77 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GPN stock was last observed hovering at around $110.32 in the last trading session, with the day’s gains setting it 2.59%.
Currently trading at $112.91, the stock is 2.70% and -0.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 2.35% at the moment leaves the stock 5.50% off its SMA200. GPN registered -16.60% loss for a year compared to 6-month gain of 10.89%. The firm has a 50-day simple moving average (SMA 50) of $113.24 and a 200-day simple moving average (SMA200) of $107.07455.
The stock witnessed a 0.50% loss in the last 1 month and extending the period to 3 months gives it a 10.96%, and is 4.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.63% over the week and 1.80% over the month.
Global Payments, Inc (GPN) has around 27000 employees, a market worth around $28.74B and $10.02B in sales. Current P/E ratio is 21.28 and Fwd P/E is 8.85. Profit margin for the company is 13.61%. Distance from 52-week low is 23.26% and -20.36% from its 52-week high. The company has generated returns on investments over the last 12 months (3.59%).
with sales reaching $2.3B over the same period.The EPS is expected to grow by 10.91% this year, but quarterly earnings will post 5.78% year-over-year. Quarterly sales are estimated to grow 5.41% in year-over-year returns.
1241.0 institutions hold shares in Global Payments, Inc (GPN), with institutional investors hold 93.81% of the company’s shares. The shares outstanding are 254.40M, and float is at 252.23M with Short Float at 2.71%. Institutions hold 93.01% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 24.2 million shares valued at $2.34 billion. The investor’s holdings represent 9.4189 of the GPN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.75 million shares valued at $1.72 billion to account for 6.9084 of the shares outstanding. The other top investors are STATE STREET CORP which holds 10.53 million shares representing 4.1001 and valued at over $1.02 billion, while BANK OF AMERICA CORP /DE/ holds 4.0525 of the shares totaling 10.41 million with a market value of $1.01 billion.
Global Payments, Inc (GPN) Insider Activity
The most recent transaction is an insider purchase by BALDWIN ROBERT H B JR, the company’s Director. SEC filings show that BALDWIN ROBERT H B JR bought 5,800 shares of the company’s common stock on Dec 13 ’24 at a price of $116.00 per share for a total of $0.67 million. Following the purchase, the insider now owns 42738.0 shares.
Global Payments, Inc disclosed in a document filed with the SEC on Nov 04 ’24 that Carter Andrea M (Chief Human Resources Officer) sold a total of 2,366 shares of the company’s common stock. The trade occurred on Nov 04 ’24 and was made at $105.67 per share for $0.25 million. Following the transaction, the insider now directly holds 22078.0 shares of the GPN stock.
Still, SEC filings show that on Nov 04 ’24, Carter Andrea M (Officer) Proposed Sale 2,366 shares at an average price of $105.67 for $0.25 million. The insider now directly holds shares of Global Payments, Inc (GPN).
