Deutsche Bank Aktiengesellschaft Lowers Global Payments (NYSE:GPN) Price Target to $75.00

Global Payments (NYSE:GPN) had its price target lowered by research analysts at Deutsche Bank Aktiengesellschaft from $80.00 to $75.00 in a report released on Monday,MarketScreener reports. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 10.60% from the company’s previous close.

Several other equities research analysts have also weighed in on GPN. Keefe, Bruyette & Woods cut their target price on Global Payments from $90.00 to $76.00 and set a “market perform” rating on the stock in a research report on Tuesday, April 7th. Argus dropped their price target on shares of Global Payments from $100.00 to $95.00 in a research note on Friday. Raymond James Financial cut shares of Global Payments from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Truist Financial reduced their price objective on shares of Global Payments from $85.00 to $81.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Finally, The Goldman Sachs Group initiated coverage on shares of Global Payments in a research report on Monday, March 9th. They issued a “hold” rating and a $88.00 target price on the stock. Four equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Global Payments has an average rating of “Hold” and an average target price of $84.52.

Global Payments Stock Down 1.4%

Shares of GPN stock traded down $0.96 during trading hours on Monday, reaching $67.81. 160,049 shares of the stock were exchanged, compared to its average volume of 3,580,570. The business’s fifty day moving average is $69.99 and its two-hundred day moving average is $74.50. The firm has a market capitalization of $18.66 billion, a P/E ratio of -33.24, a P/E/G ratio of 0.39 and a beta of 0.75. Global Payments has a 12-month low of $62.45 and a 12-month high of $90.64. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.79 and a quick ratio of 1.69.

Global Payments (NYSE:GPN) last issued its quarterly earnings results on Wednesday, May 6th. The business services provider reported $2.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.82 by $0.14. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.81 billion. Global Payments had a negative net margin of 7.99% and a positive return on equity of 13.11%. The firm’s quarterly revenue was up 63.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.82 earnings per share. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. As a group, research analysts expect that Global Payments will post 13.85 EPS for the current fiscal year.

Hedge Funds Weigh In On Global Payments

Several institutional investors and hedge funds have recently added to or reduced their stakes in GPN. Root Financial Partners LLC purchased a new position in Global Payments in the third quarter worth $27,000. Strive Financial Group LLC acquired a new position in shares of Global Payments during the 4th quarter worth approximately $25,000. REAP Financial Group LLC purchased a new position in Global Payments during the third quarter worth $28,000. DV Equities LLC purchased a new position in Global Payments during the fourth quarter worth $26,000. Finally, SouthState Bank Corp acquired a new position in shares of Global Payments in the third quarter worth $28,000. Institutional investors and hedge funds own 89.76% of the company’s stock.

Trending Headlines about Global Payments

Here are the key news stories impacting Global Payments this week:

• Neutral Sentiment: Cantor Fitzgerald cut its price target on Global Payments to $76 from $88 and kept a neutral rating, signaling reduced conviction even though the new target still implies some upside from recent trading levels. Global Payments (NYSE:GPN) Price Target Lowered to $76.00 at Cantor Fitzgerald
• Neutral Sentiment: UBS maintained a hold rating on GPN, adding to the cautious analyst tone that can limit enthusiasm for the stock in the short term. UBS Remains a Hold on Global Payments (GPN)
• Neutral Sentiment: Stephens also kept a hold rating on Global Payments, reinforcing the view that analysts see limited near-term catalysts. Global Payments (GPN) Gets a Hold from Stephens
• Neutral Sentiment: Argus lowered its price target to $95, another sign that Wall Street expectations are becoming more conservative for Global Payments. Argus Cuts Global Payments (NYSE:GPN) Price Target to $95.00
• Positive Sentiment: Articles highlighting Larry Robbins buying Global Payments suggest some hedge fund managers still see value in the stock despite recent weakness. Global Payments Inc. (GPN): Larry Robbins Is Buying This Stock
• Positive Sentiment: Longer-term optimism remains tied to digital commerce and open banking trends, which could support growth for Global Payments’ Worldpay unit and other payment businesses. Global Payments’ Worldpay Taps European Open Banking Rails For Future Growth
• Positive Sentiment: Broader commentary on digital commerce trends suggests payment stocks may benefit if consumer and merchant spending continues shifting online. Could Digital Commerce Trends Lift S&P 500 Payment Stocks?

About Global Payments

Global Payments Inc (NYSE: GPN) is a worldwide provider of payment technology and software solutions that enables commerce for merchants, issuers and enterprises. The company develops and operates payment processing networks, point-of-sale systems and cloud-based software that facilitate electronic transactions across in-store, online and mobile channels. Its services span merchant acquiring, payment gateway services, omnichannel commerce platforms, and solutions for recurring and subscription billing.

Global Payments offers a range of products and services including integrated payment terminals and point-of-sale software, e-commerce and gateway technologies, fraud prevention and tokenization tools, and business analytics and reporting.