Global Payments (NYSE:GPN – Get Free Report) had its target price upped by investment analysts at Wells Fargo & Company from $103.00 to $116.00 in a report released on Friday, Benzinga reports. The firm presently has an “overweight” rating on the business services provider’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 18.86% from the company’s current price.
A number of other equities research analysts have also issued reports on the company. Truist Financial cut their target price on Global Payments from $95.00 to $86.00 and set a “hold” rating on the stock in a research report on Friday, October 23rd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $106.00 price target (up from $102.00) on shares of Global Payments in a research report on Monday, August 31st. Wolfe Research reissued an “outperform” rating and issued a $125.00 price target (up from $110.00) on shares of Global Payments in a research note on Tuesday, August 25th. Jefferies Financial Group upgraded Global Payments from a “hold” rating to a “buy” rating in a report on Thursday, August 6th. Finally, Argus set a $110.00 price objective on shares of Global Payments and gave the company a “buy” rating in a research note on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Global Payments has a consensus rating of “Hold” and a consensus price target of $96.52.
Check Out Our Latest Research Report on Global Payments
Global Payments Price Performance
Global Payments stock traded up $2.61 during mid-day trading on Friday, hitting $97.59. The company’s stock had a trading volume of 503,009 shares, compared to its average volume of 3,374,690. The stock has a market capitalization of $25.82 billion, a P/E ratio of -32.59, a P/E/G ratio of 0.47 and a beta of 0.83. Global Payments has a twelve month low of $61.16 and a twelve month high of $101.32. The stock’s fifty day moving average price is $86.62 and its two-hundred day moving average price is $77.41. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.90.
Global Payments (NYSE:GPN – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The business services provider reported $3.58 EPS for the quarter, meeting analysts’ consensus estimates of $3.58. The company had revenue of $3.18 billion during the quarter, compared to the consensus estimate of $3.18 billion. Global Payments had a positive return on equity of 13.80% and a negative net margin of 9.16%. The company’s quarterly revenue was up 36.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.26 EPS. Research analysts forecast that Global Payments will post 13.64 earnings per share for the current year.
Institutional Trading of Global Payments
A number of hedge funds have recently modified their holdings of the business. Eurizon Capital SGR S.p.A. grew its holdings in shares of Global Payments by 29.4% during the third quarter. Eurizon Capital SGR S.p.A. now owns 24,181 shares of the business services provider’s stock valued at $1,976,000 after buying an additional 5,501 shares in the last quarter. Maryland State Retirement & Pension System raised its position in Global Payments by 18.9% during the third quarter. Maryland State Retirement & Pension System now owns 14,142 shares of the business services provider’s stock valued at $1,155,000 after buying an additional 2,244 shares during the period. Jacobi Capital Management LLC acquired a new position in Global Payments during the third quarter valued at $47,000. Keybank National Association OH lifted its stake in Global Payments by 8.2% in the 3rd quarter. Keybank National Association OH now owns 3,395 shares of the business services provider’s stock worth $277,000 after acquiring an additional 256 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its stake in Global Payments by 6.7% in the 3rd quarter. AlphaCore Capital LLC now owns 22,123 shares of the business services provider’s stock worth $1,807,000 after acquiring an additional 1,382 shares in the last quarter. Hedge funds and other institutional investors own 89.76% of the company’s stock.
Global Payments News Summary
Here are the key news stories impacting Global Payments this week:
- Positive Sentiment: KeyBanc raised its price target to $112 from $105, signaling greater confidence in GPN’s potential upside. KeyBanc Adjusts Price Target on Global Payments to $112 From $105
- Positive Sentiment: Q3 adjusted EPS was $3.58, up from $3.26 a year earlier. Zacks cited Genius adoption, higher enterprise volumes and rising margins as strengths, while the company continued integrating Worldpay. Revenue rose 36.1% year over year to $3.18 billion. GPN Q3 Earnings Beat Estimates on Genius Growth, Margins Rise
- Neutral Sentiment: GPN reaffirmed its 2026 adjusted EPS outlook of $13.60–$13.80. The midpoint is above the cited $13.64 FactSet estimate, though the bottom of the range is slightly below it. Global Payments Expects 2026 Adjusted EPS Range $13.60–$13.80
- Neutral Sentiment: The company brushed off rumors that it would go private; the reports do not indicate a confirmed buyout. That leaves takeover speculation uncertain rather than a concrete catalyst. Global Payments brushes off rumors it’s going private
- Negative Sentiment: Despite some reports describing a slight Q3 EPS beat, $3.58 matched the $3.58 consensus cited elsewhere, and revenue of $3.18 billion matched estimates. Results therefore offered limited surprise against those benchmarks, which could temper investor enthusiasm. Global Payments Q3 adjusted EPS in line with FactSet estimate
About Global Payments
Global Payments Inc (NYSE:GPN) is a financial technology and payments company that provides software and payment solutions to businesses, financial institutions and other organizations. Its services help merchants accept payments through credit cards, debit cards, digital wallets and other electronic methods across in-store, online and mobile channels.
The company offers payment processing, point-of-sale technology, commerce management software, payment security and reporting tools. Its solutions are used in industries including retail, restaurants, hospitality, healthcare, education and government.
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