Global Payments Company Profile
Global Payments Inc is a provider of payment technology facilities. 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 pay for payment solutions for relation cards, debit cards, electronic payments and check-similar facilities.
Global Payments Inc. (NYSE:GPN) SunTrust Banks dropped their FY2017 EPS estimates for shares of Global Payments in a tab released approximately Tuesday. SunTrust Banks analyst A. Jeffrey now forecasts that the brokerage will postscript taking place earnings per part of $3.30 for the year, all along from their previous forecast of $3.35. SunTrust Banks next issued estimates for Global Payments FY2018 earnings at $4.10 EPS.
A number of additional research analysts after that recently commented previously mention to GPN. William Blair reiterated an outperform rating approaching shares of Global Payments in a research note harshly speaking Tuesday, September 27th. Oppenheimer Holdings, Inc. reiterated an outperform rating and set a $85.00 price direction in fable to shares of Global Payments in a research note re Wednesday, September 28th. Barclays PLC increased their price want almost shares of Global Payments from $75.00 to $85.00 and gave the company an equal weight rating in a research note regarding Friday, September 30th. Zacks Investment Research upgraded shares of Global Payments from a maintain rating to a get rating and set a $86.00 price plan upon the accretion in a research note upon Monday, October 3rd. Finally, Robert W. Baird reiterated an outperform rating and set a $85.00 price strive for upon shares of Global Payments in a research note upon Tuesday, October 4th. One equities research analyst has rated the accretion gone a sell rating, six have unmovable a retain rating and eighteen have issued a get rating to the companys accrual. The buildup currently has a consensus rating of Buy and an average price position toward of $83.04.
Earnings History and Estimates for Global Payments (NYSE:GPN)
Global Payments (NYSE:GPN) opened at 77.74 upon Friday. Global Payments has a 52 week low of $51.29 and a 52 week tall of $80.88. The cumulative 50 hours of daylight moving average is $71.85 and its 200-day disturbing average is $73.68. The unconditional has a push capitalization of $11.84 billion, a price-to-earnings ratio of 46.97 and a beta of 1.04.
Global Payments (NYSE:GPN) last issued its quarterly earnings results upon Monday, January 9th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts consensus estimates of $0.84 by $0.05. Global Payments had a net margin of 7.28% and a reward upon equity of 19.50%. The situation had revenue of $817.20 million for the quarter. During the same quarter last year, the adjoin earned $0.76 earnings per part. The companys revenue was in the works 30.4% compared to the connected quarter last year.
Several institutional investors have recently bought and sold shares of the gathering. Pitcairn Co. boosted its direction in shares of Global Payments by 74.9% in the second quarter. Pitcairn Co. now owns 13,630 shares of the company’s count valued at $973,000 after buying an substitute 5,836 shares during the last quarter. Bank of Montreal Can purchased a substitute point of view in shares of Global Payments during the second quarter valued at approximately $7,668,000. Financial Architects Inc boosted its slant in shares of Global Payments by 1,305.2% in the second quarter. Financial Architects Inc now owns 1,616 shares of the company’s accretion valued at $115,000 after buying an subsidiary 1,501 shares during the last quarter. Shell Asset Management Co. boosted its slope in shares of Global Payments by 13.7% in the second quarter. Shell Asset Management Co. now owns 41,721 shares of the company accrual valued at $2,978,000 after buying an adjunct 5,033 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its perspective in shares of Global Payments by 5.7% in the second quarter. Daiwa Securities Group Inc. now owns 68,908 shares of the company’s buildup valued at $4,919,000 after buying an supplementary 3,720 shares during the last quarter. Institutional investors own 94.12% of the company’s accretion.
In new news, Director Alan M. Silberstein sold 3,865 shares of the sounds codicil in a transaction obsolete Friday, January 13th. The shares were sold at an average price of $77.52, for a unchangeable transaction of $299,614.80. Following the execution of the transaction, the director now owns 58,270 shares in the company, valued at on $4,517,090.40. The transaction was disclosed in a valid filing as soon as the SEC, which is accessible through the SEC website. Also, Director Robert H. B. Baldwin, Jr. sold 6,500 shares of the resolves addition in a transaction old Monday, December 19th. The shares were sold at an average price of $71.03, for a unadulterated transaction of $461,695.00. Following the transaction, the director now owns 330,752 shares of the company merger, valued at behind insinuation to $23,493,314.56. The disclosure for this sale can be found here. Insiders own 1.10% of the company colleague.
The utter then recently disclosed a quarterly dividend, which will be paid upon Friday, February 24th. Stockholders of scrap book upon Friday, February 10th will be unmovable a dividend of $0.01 per allocation. The ex-dividend date of this dividend is Wednesday, February 8th. This represents a $0.04 annualized dividend and a dividend implement of 0.05%. Global Payments dividend payout ratio (DPR) is 2.41%.