Mizuho Issues Pessimistic Forecast for Global Payments (NYSE:GPN) Stock Price

Global Payments (NYSE:GPN) had its price target cut by investment analysts at Mizuho from $125.00 to $110.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the business services provider’s stock. Mizuho’s price target would indicate a potential upside of 53.40% from the stock’s current price.

Several other research analysts have also recently issued reports on GPN. BNP Paribas Exane increased their price objective on shares of Global Payments from $73.00 to $76.00 and gave the company an “underperform” rating in a report on Thursday, February 19th. Wells Fargo & Company upped their price objective on shares of Global Payments from $103.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. UBS Group reaffirmed a “neutral” rating and issued a $87.00 target price (up from $80.00) on shares of Global Payments in a research report on Thursday, February 19th. Keefe, Bruyette & Woods raised their price target on shares of Global Payments from $87.00 to $90.00 and gave the stock a “market perform” rating in a report on Thursday, February 19th. Finally, The Goldman Sachs Group assumed coverage on Global Payments in a research note on Monday, March 9th. They issued a “hold” rating and a $88.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $91.18.

Global Payments Stock Performance

GPN opened at $71.71 on Thursday. The business’s 50 day moving average is $73.43 and its 200-day moving average is $78.43. The stock has a market cap of $19.74 billion, a PE ratio of 12.37, a price-to-earnings-growth ratio of 0.39 and a beta of 0.73. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 0.83. Global Payments has a twelve month low of $65.93 and a twelve month high of $99.99.

Global Payments (NYSE:GPN) last issued its quarterly earnings data on Wednesday, February 18th. The business services provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $0.02. Global Payments had a return on equity of 12.72% and a net margin of 16.92%.The business had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same period in the prior year, the company posted $2.85 EPS. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. Global Payments has set its FY 2026 guidance at 13.800-14.000 EPS. On average, analysts predict that Global Payments will post 11.89 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of GPN. Norges Bank bought a new position in Global Payments in the 4th quarter worth approximately $276,014,000. Balyasny Asset Management L.P. grew its stake in shares of Global Payments by 112.3% in the third quarter. Balyasny Asset Management L.P. now owns 2,281,476 shares of the business services provider’s stock worth $189,545,000 after acquiring an additional 1,206,807 shares during the last quarter. Clearbridge Investments LLC increased its position in Global Payments by 5,710.5% during the fourth quarter. Clearbridge Investments LLC now owns 941,299 shares of the business services provider’s stock worth $72,857,000 after acquiring an additional 925,099 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its stake in Global Payments by 93.8% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,412,128 shares of the business services provider’s stock valued at $109,299,000 after purchasing an additional 683,524 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in Global Payments by 117.3% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,207,277 shares of the business services provider’s stock valued at $93,443,000 after purchasing an additional 651,671 shares during the period. Institutional investors and hedge funds own 89.76% of the company’s stock.

Global Payments Company Profile

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.