Global Payments (GPN) Given News Impact Score of 0.25
Headlines about Global Payments (NYSE:GPN) have trended positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Global Payments earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 46.7828475715705 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- Global Payments Inc. (GPN) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Great Lakes Dredge & Dock Corp (GLDD) and Global Payments Inc (GPN) Shares Moving The Tape in Session – Evergreen Caller (evergreencaller.com)
- Average Brokerage Rating Of Editas Medicine, Inc. (EDIT), Global Payments Inc. (GPN) – Hi-tech Beacon (hitechbeacon.com)
- Artisan Partners Limited Partnership Marginally Decreases Its Position in Global Payments Inc. (GPN) Stock – Modern Readers (modernreaders.com)
- Insider Selling: Global Payments Inc. (GPN) Insider Sells 75,794 Shares of Stock (americanbankingnews.com)
A number of research firms have recently weighed in on GPN. Stifel Nicolaus restated a “buy” rating and set a $103.00 target price (up previously from $102.00) on shares of Global Payments in a research report on Friday, August 4th. Keefe, Bruyette & Woods restated a “buy” rating and set a $100.00 target price on shares of Global Payments in a research report on Thursday, August 3rd. Royal Bank Of Canada dropped their target price on Global Payments from $103.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, August 4th. Barclays PLC boosted their target price on Global Payments from $98.00 to $105.00 and gave the stock an “overweight” rating in a research report on Friday, August 4th. Finally, Compass Point downgraded Global Payments from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $95.72 to $96.00 in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $94.58.
Shares of Global Payments (GPN) traded down 0.17% during midday trading on Tuesday, hitting $94.32. The company’s stock had a trading volume of 787,302 shares. The company has a market cap of $14.38 billion, a P/E ratio of 73.17 and a beta of 1.09. Global Payments has a 1-year low of $64.63 and a 1-year high of $97.99. The company has a 50-day moving average price of $92.88 and a 200 day moving average price of $85.57.
Global Payments (NYSE:GPN) last posted its quarterly earnings data on Thursday, August 3rd. The business services provider reported $0.94 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.07. Global Payments had a return on equity of 18.32% and a net margin of 6.65%. The firm had revenue of $847.90 million during the quarter, compared to analyst estimates of $837.76 million. During the same period last year, the company posted $0.76 EPS. The business’s quarterly revenue was up 18.4% on a year-over-year basis. On average, equities research analysts predict that Global Payments will post $3.95 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.04%. The ex-dividend date is Thursday, September 14th. Global Payments’s dividend payout ratio (DPR) is presently 3.07%.
In other news, insider David E. Mangum sold 75,794 shares of Global Payments stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $94.51, for a total value of $7,163,290.94. Following the completion of the transaction, the insider now directly owns 112,930 shares of the company’s stock, valued at approximately $10,673,014.30. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Alan M. Silberstein sold 600 shares of Global Payments stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $88.09, for a total value of $52,854.00. Following the completion of the transaction, the director now directly owns 49,093 shares of the company’s stock, valued at $4,324,602.37. The disclosure for this sale can be found here. Over the last three months, insiders sold 105,896 shares of company stock valued at $9,957,734. Corporate insiders own 0.93% of the company’s stock.
About Global Payments
Global Payments Inc is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company’s segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services.
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