Global Payments, Inc (NYSE: GPN) is -17.74% lower on its value in year-to-date trading and has touched a low of $90.99 and a high of $140.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GPN stock was last observed hovering at around $92.90 in the last trading session, with the day’s loss setting it -0.72%.
Currently trading at $92.18, the stock is -9.12% and -13.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.09 million and changing -0.78% at the moment leaves the stock -12.54% off its SMA200. GPN registered -29.23% loss for a year compared to 6-month loss of -15.71%. The firm has a 50-day simple moving average (SMA 50) of $106.5988 and a 200-day simple moving average (SMA200) of $105.3974.
The stock witnessed a -13.91% gain in the last 1 month and extending the period to 3 months gives it a -21.07%, and is -7.95% down 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 3.74% over the week and 2.83% over the month.
Global Payments, Inc (GPN) has around 27000 employees, a market worth around $22.83B and $10.11B in sales. Current P/E ratio is 14.93 and Fwd P/E is 6.60. Profit margin for the company is 15.54%. Distance from 52-week low is 1.31% and -34.34% from its 52-week high. The company has generated returns on investments over the last 12 months (4.15%).
The EPS is expected to grow by 6.57% this year
1279.0 institutions hold shares in Global Payments, Inc (GPN), with institutional investors hold 94.49% of the company’s shares. The shares outstanding are 248.71M, and float is at 245.30M with Short Float at 2.89%. Institutions hold 93.64% 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).
