Global Payments, Inc. (NYSE: GPN) kicked off on Monday, down -2.28% from the previous trading day, before settling in for the closing price of $102.31. Over the past 52 weeks, GPN has traded in a range of $91.60-$141.77.
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During the last 5-year period, the sales growth of Technology Sector giant was 24.95%. While this was happening, its average annual earnings per share was recorded 11.35%. With a float of $252.23 million, this company’s outstanding shares have now reached $260.38 million.
Let’s determine the extent of company efficiency that accounts for 27000 employees. In terms of profitability, gross margin is 62.63%, operating margin of 21.59%, and the pretax margin is 15.77%.
Global Payments, Inc. (GPN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Global Payments, Inc. is 0.87%, while institutional ownership is 91.94%. The most recent insider transaction that took place on Aug 08 ’24, was worth 166,305. In this transaction EVP, Chief Accounting Officer of this company sold 1,651 shares at a rate of $100.73, taking the stock ownership to the 20,531 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Officer proposed sale 1,651 for $100.73, making the entire transaction worth $166,305.
Global Payments, Inc. (GPN) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 2.75 earnings per share (EPS), higher than consensus estimate (set at 2.71) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 5.82% growth over the previous five years of trading.
Global Payments, Inc. (NYSE: GPN) Trading Performance Indicators
Take a look at Global Payments, Inc.’s (GPN) current performance indicators. Last quarter, stock had a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.57. Likewise, its price to free cash flow for the trailing twelve months is 16.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.46, a number that is poised to hit 3.09 in the next quarter and is forecasted to reach 12.89 in one year’s time.
Technical Analysis of Global Payments, Inc. (GPN)
Looking closely at Global Payments, Inc. (NYSE: GPN), its last 5-days average volume was 1.87 million, which is a drop from its year-to-date volume of 2.27 million. As of the previous 9 days, the stock’s Stochastic %D was 58.18%. Additionally, its Average True Range was 2.77.
During the past 100 days, Global Payments, Inc.’s (GPN) raw stochastic average was set at 31.79%, which indicates a significant decrease from 48.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.25% in the past 14 days, which was lower than the 30.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $105.67, while its 200-day Moving Average is $113.87. However, in the short run, Global Payments, Inc.’s stock first resistance to watch stands at $101.73. Second resistance stands at $103.48. The third major resistance level sits at $104.55. If the price goes on to break the first support level at $98.91, it is likely to go to the next support level at $97.84. Should the price break the second support level, the third support level stands at $96.09.
Global Payments, Inc. (NYSE: GPN) Key Stats
The company with the Market Capitalisation of 25.44 billion has total of 255,250K Shares Outstanding. Its annual sales at the moment are 9,654 M in contrast with the sum of 986,230 K annual income. Company’s last quarter sales were recorded 2,569 M and last quarter income was 374,760 K.
