Global Payments, Inc (NYSE: GPN) is -39.79% lower on its value in year-to-date trading and has touched a low of $68.47 and a high of $127.66 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 $69.46 in the last trading session, with the day’s loss setting it -1.99%.
Currently trading at $67.47, the stock is -24.22% and -30.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.95 million and changing -2.86% at the moment leaves the stock -35.48% off its SMA200. GPN registered -45.12% loss for a year compared to 6-month loss of -33.68%. The firm has a 50-day simple moving average (SMA 50) of $96.4548 and a 200-day simple moving average (SMA200) of $104.57905.
The stock witnessed a -30.71% gain in the last 1 month and extending the period to 3 months gives it a -37.77%, and is -20.59% 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 4.87% over the week and 5.11% over the month.
Global Payments, Inc (GPN) has around 27000 employees, a market worth around $16.59B and $10.11B in sales. Current P/E ratio is 10.93 and Fwd P/E is 4.94. Profit margin for the company is 15.54%. Distance from 52-week low is -1.47% and -47.15% 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 4.69% this year.
Global Payments, Inc (GPN) Top Institutional Holders
1251.0 institutions hold shares in Global Payments, Inc (GPN), with institutional investors hold 95.76% of the company’s shares. The shares outstanding are 248.71M, and float is at 243.57M with Short Float at 3.21%. Institutions hold 94.89% 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 9.4994% 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 6.9675 of the shares outstanding. The other top investors are STATE STREET CORP which holds 10.53 million shares representing 4.1352% and valued at over $1.02 billion, while BANK OF AMERICA CORP /DE/ holds 4.0872 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).
