On May 19, 2023, Global Payments Inc. (NYSE: GPN) opened at $104.54, lower -2.03% from the last session. During the day, the shares moved up to $104.60 and dropped to $101.885 before settling in for the closing price of $104.07. Price fluctuations for GPN have ranged from $92.27 to $136.88 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 17.70% over the last five years. Company’s average yearly earnings per share was noted -87.70% at the time writing. With a float of $260.24 million, this company’s outstanding shares have now reached $263.12 million.
The firm has a total of 25000 workers. Let’s measure their productivity. In terms of profitability, gross margin is +57.90, operating margin of +22.03, and the pretax margin is +2.50.
Global Payments Inc. (GPN) Insider Activity
A key investor’s attitude towards the stock of the Specialty Business Services industry is another important factor to consider. The insider ownership of Global Payments Inc. is 0.20%, while institutional ownership is 90.80%. The most recent insider transaction that took place on Feb 27, was worth 176,631. In this transaction Chief Accounting Officer of this company sold 1,562 shares at a rate of $113.08, taking the stock ownership to the 28,032 shares. Before that another transaction happened on Dec 12, when Company’s Director bought 3,400 for $98.62, making the entire transaction worth $335,308. This insider now owns 38,940 shares in total.
Global Payments Inc. (GPN) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $2.4 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $2.3) by $0.1. This company achieved a net margin of +1.24 while generating a return on equity of 0.47. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -87.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.55% during the next five years compared to -27.30% drop over the previous five years of trading.
Global Payments Inc. (NYSE: GPN) Trading Performance Indicators
Check out the current performance indicators for Global Payments Inc. (GPN). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.99. Likewise, its price to free cash flow for the trailing twelve months is 20.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit 2.59 in the next quarter and is forecasted to reach 11.82 in one year’s time.
Technical Analysis of Global Payments Inc. (GPN)
Analysing the last 5-days average volume posted by the [Global Payments Inc., GPN], we can find that recorded value of 1.67 million was lower than the volume posted last year of 1.87 million. As of the previous 9 days, the stock’s Stochastic %D was 39.87%. Additionally, its Average True Range was 3.14.
During the past 100 days, Global Payments Inc.’s (GPN) raw stochastic average was set at 31.55%, which indicates a significant decrease from 44.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 33.62% in the past 14 days, which was lower than the 35.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $103.78, while its 200-day Moving Average is $110.31. Now, the first resistance to watch is $103.74. This is followed by the second major resistance level at $105.53. The third major resistance level sits at $106.46. If the price goes on to break the first support level at $101.03, it is likely to go to the next support level at $100.10. Should the price break the second support level, the third support level stands at $98.32.
Global Payments Inc. (NYSE: GPN) Key Stats
There are currently 261,953K shares outstanding in the company with a market cap of 27.26 billion. Presently, the company’s annual sales total 8,976 M according to its annual income of 111,490 K. Last quarter, the company’s sales amounted to 2,292 M and its income totaled -11,040 K.
