Media stories about Global Payments (NYSE:GPN) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Global Payments earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 45.6450296719358 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Why Investors remained confident ON: BioPharmX Corporation, (NYSE: BPMX), Global Payments Inc., (NYSE: GPN … – Stocks In The News (press release) (tradingnewsnow.com)
- Is Global Payments Inc. (GPN) Trading on sentiment ? – Morning Outlook (morningoutlook.com)
- Xoom (XOOM) & Global Payments (GPN) Head to Head Comparison (americanbankingnews.com)
- Global Payments, Inc. – Value Analysis (NYSE:GPN) : December 1, 2017 (finance.yahoo.com)
- Global Payments, Inc. breached its 50 day moving average in a Bearish Manner : GPN-US : November 30, 2017 (finance.yahoo.com)
GPN has been the topic of several recent research reports. Nomura restated a “sell” rating and issued a $83.00 price target on shares of Global Payments in a research report on Monday, October 16th. Morgan Stanley boosted their target price on Global Payments from $98.00 to $106.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 2nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $108.00 target price (up previously from $103.00) on shares of Global Payments in a research report on Thursday, November 9th. Robert W. Baird reiterated a “buy” rating and set a $106.00 target price on shares of Global Payments in a research report on Tuesday, September 5th. Finally, Zacks Investment Research cut Global Payments from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, five have given a hold rating and twenty-three have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $105.01.
Shares of Global Payments (NYSE GPN) traded up $0.56 during trading hours on Wednesday, hitting $97.19. The stock had a trading volume of 1,630,742 shares, compared to its average volume of 1,122,920. The stock has a market cap of $15,550.00, a price-to-earnings ratio of 25.80, a price-to-earnings-growth ratio of 1.76 and a beta of 1.11. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.14 and a quick ratio of 1.14. Global Payments has a fifty-two week low of $68.98 and a fifty-two week high of $104.90.
Global Payments (NYSE:GPN) last announced its quarterly earnings results on Wednesday, November 8th. The business services provider reported $1.15 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.12. Global Payments had a return on equity of 18.50% and a net margin of 7.14%. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $917.31 million. During the same quarter in the previous year, the company earned $0.89 EPS. The company’s quarterly revenue was up 9.1% on a year-over-year basis. sell-side analysts expect that Global Payments will post 3.81 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.04%. The ex-dividend date of this dividend is Thursday, December 14th. Global Payments’s payout ratio is currently 2.27%.
In related news, Director Robert H. B. Baldwin, Jr. sold 26,000 shares of the company’s stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $99.82, for a total value of $2,595,320.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Alan M. Silberstein sold 600 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $100.48, for a total value of $60,288.00. Following the completion of the sale, the director now directly owns 45,493 shares in the company, valued at approximately $4,571,136.64. The disclosure for this sale can be found here. In the last ninety days, insiders sold 37,800 shares of company stock worth $3,750,676. 0.93% of the stock is owned by corporate insiders.
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Global Payments Company Profile
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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