It’s Not Over Yet For Global Payments Inc. (NYSE: GPN)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Global Payments Inc. (GPN) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$4.36, or -3.51%, to $119.8. Volume reached 46,415 shares, with price reaching a high of $120.73 and a low of $120.73. Most recently, Yahoo Finance reported about the stock as it publicized that Global Payments to Participate in Deutsche Bank Technology Conference.


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Stocks Info

Global Payments Inc. is listed on the NYSE as a member of the Industrials sector and is a part of the Specialty Business Services industry. At the end of the last regular session, the stock closed at $120.73 and fluctuated between $125.97 as its day high and $120.61 as its day low. The current market capitalization of Global Payments Inc. is $33.65B. A total of 2.63 million shares were traded on the day, compared to an average of 1.92M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, GPN has seen 2 BUY and 1 SELL insider trades, representing the acquisition of 18,223 and the disposition of 3,500 shares. Over the last 12 months, there were 37 BUYs and 34 SELLs from insiders. Insiders purchased 316,665 shares during that period but sold 175,873.

In the most recent transaction, SHEFFIELD DAVID M sold 3,500 shares of GPN for 133.20 per share on Aug 10. After the transaction, the Chief Accounting Officer now owns 28,737 company shares. In a previous transaction on Jun 03, Green David Lawrence sold 16,252 shares at 130.10 per share. GPN shares that Senior EVP and General Counsel owns now total 97,818.

Among the insiders who sold shares, JACOBS WILLIAM I disposed of 500 shares on Mar 15 at a per-share price of $127.99. This resulted in the Director holding 16,325 shares of GPN after the transaction. In another insider transaction, SHEFFIELD DAVID M sold 1,006 shares at $132.55 per share on Feb 28. Company shares held by the Chief Accounting Officer now total 23,946.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Global Payments Inc. pays an annual dividend of $1.00, resulting in a dividend yield of 0.83%, and it has a price to earnings (P/E) ratio of 656.14. GPN’s most recent ex-dividend date was 09/15/2022 when it declared a $0.25 quarterly dividend that was paid in cash on 09/30/2022. Previously, the company paid the dividend on 06/24/2022 with an ex-dividend date of 06/09/2022. The dividend was $0.25 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for GPN in the last 3 months, the mean price target is $167.12 with high estimates of $240.00 and low estimates of $132.00. In terms of 52-week highs and lows, GPN has a high of $165.17 and a low of $105.52.

As of this writing, GPN has an earnings estimate of $2.42 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $2.51 per share and a lower estimate of $2.39. The company reported an EPS of $2.23 in the last quarter, which was -0.89% lower than expectations of $2.25.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 30 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GPN is Sell with a score of 4.50. A total of 19 analysts rated the stock as Buy while 4 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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