![]() During the same period last year, the firm earned $1.97 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. Global Payments had a negative net margin of 1.58% and a positive return on equity of 10.67%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.01 billion. The business services provider reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.09. Orbis financial share price free#Global Payments ( NYSE:GPN – Get Free Report) last released its quarterly earnings data on Monday, May 1st. Global Payments has a fifty-two week low of $92.27 and a fifty-two week high of $136.88. The firm has a market cap of $28.52 billion, a price-to-earnings ratio of -231.68, a P/E/G ratio of 0.71 and a beta of 0.99. The firm has a fifty day moving average price of $103.46 and a two-hundred day moving average price of $106.17. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.92 and a quick ratio of 0.92. Global Payments stock opened at $108.89 on Friday. Institutional investors and hedge funds own 85.68% of the company’s stock. Bank of America Corp DE now owns 3,518,268 shares of the business services provider’s stock worth $370,263,000 after purchasing an additional 698,913 shares during the period. Finally, Bank of America Corp DE boosted its stake in Global Payments by 24.8% in the 1st quarter. Nordea Investment Management AB now owns 3,850,885 shares of the business services provider’s stock valued at $401,070,000 after buying an additional 752,651 shares in the last quarter. Nordea Investment Management AB lifted its stake in Global Payments by 24.3% during the first quarter. FMR LLC now owns 5,322,914 shares of the business services provider’s stock worth $560,183,000 after acquiring an additional 791,610 shares during the last quarter. FMR LLC grew its holdings in shares of Global Payments by 17.5% in the 1st quarter. Orbis Allan Gray Ltd now owns 6,546,890 shares of the business services provider’s stock valued at $688,995,000 after purchasing an additional 187,253 shares during the last quarter. Orbis Allan Gray Ltd lifted its stake in Global Payments by 2.9% during the first quarter. State Street Corp now owns 10,819,457 shares of the business services provider’s stock worth $1,138,638,000 after acquiring an additional 134,403 shares during the period. State Street Corp increased its holdings in shares of Global Payments by 1.3% in the 1st quarter. Large investors have recently modified their holdings of the stock. Institutional Investors Weigh In On Global Payments They issued a “buy” rating and a $136.00 price objective for the company. ![]() Finally, Citigroup assumed coverage on Global Payments in a research note on Friday, April 28th. 51job reaffirmed a “maintains” rating on shares of Global Payments in a research note on Thursday, May 4th. The Goldman Sachs Group lifted their price target on shares of Global Payments from $127.00 to $128.00 in a research report on Thursday, July 13th. Jefferies Financial Group increased their price objective on shares of Global Payments from $105.00 to $115.00 in a research report on Wednesday, July 19th. They issued a $116.00 target price on the stock. Evercore ISI initiated coverage on Global Payments in a research note on Friday, May 5th. Several research firms have commented on GPN. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $144.67. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have assigned a buy rating to the company. ( NYSE:GPN – Get Free Report) have been given an average rating of “Moderate Buy” by the twenty-five brokerages that are presently covering the firm, reports. ![]()
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