150.49 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||150.49 x 800|
|Ask||150.53 x 800|
|Day's Range||149.64 - 150.93|
|52 Week Range||94.81 - 152.24|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||50.48|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||0.04 (0.03%)|
|1y Target Est||159.29|
Consistent strong operating performance, solid balance sheet, accretion from acquisitions have aided the stock of Global Payments (GPN).
Fintech is transforming the financial industry from the inside out, and there will be lots of winners and losers. Before you invest, know these basic guidelines to this growing industry.
Numerous acquisition made for past many years have added scale and size to Global Payments' (GPN) business; its investments in technology helps its to stay ahead in the rapidly changing payments market.
FLEETCOR's (FLT) top line continues to grow organically driven by increase in both volume and revenues per transaction in certain of its payment programs.
Global Payments Inc. , a leading worldwide provider of payment technology and software solutions, announced today that Jeff Sloan, Chief Executive Officer, will present at the J.P.
Global Payments Inc NYSE:GPNView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for GPN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The $3.82 billion in inflows that ETFs holding GPN received over the last one-month is a decline from earlier in the period and among the weakest of the past year. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The NASDAQ index is near its record high, standing at 8,123, and the tech sector, as usual, is doing its part to hold the index. Here we’ll look at three ‘Strong Buy’ tech stocks, in different niches of the field, and with varying levels of name recognition, market cap, and economic/political clout. While they deal with a variety of challenges – from expensive overhead to securing data to protecting customer privacy to dealing with government regulators – they are also delivering for their shareholders, with clear gains posted after their Q1 earnings reports. We’ll dive in to the TipRanks’ analyst database, and see where these stocks stand from an investment perspective. Facebook, Inc. (FB – Research Report)With its recent earnings report, social media powerhouse Facebook has found a way to mitigate the damage from anticipated Federal Trade Commission fines: the company swallowed a one-time, $3 billion hit to the bottom line. Without that hit, EPS would have come in somewhere north of $3; as it is, the company reported an effective earnings per share of $0.Investors didn’t seem to mind, as FB shares added more than 1.5% in the wake of the earnings report. The consensus is that Facebook’s true bottom line is less the reported EPS but rather the 2.7 billion daily active users the company reported across its apps. That size can be broken down a bit, among Facebook and those proprietary apps: Instagram accounts for 1 billion daily users, Messenger for 1.3 billion, WhatsApp for 1.5 billion, and Facebook counts 2.3 billion. The total of 2.7 billion takes the significant overlap into account.The user base and the $550 billion market cap together give Facebook a tremendous leg up when dealing with privacy breaches and government regulators – this is a case in which size does have a quality all its own.Size drew the attention of Baird’s five-star analyst Colin Sebastian (Track Record & Ratings). In his research note on the earnings report, Sebastian noted that “Facebook reported better than expected revenue, as pricing headwinds from Instagram Feed/Stories mix was offset by stronger user engagement… Facebook will continue to benefit disproportionately from its scale and resource advantages relative to most competitors.”Sebastian raised his price target on FB stock from $195 to $215, indicating his confidence in an upside potential of 10%.Also taking a bullish stance of Facebook, with a similar $212 price target, is Citigroup’s Mark May (Track Record & Ratings). In his note, he points out four areas in which the company is focusing its efforts:> “Privacy: The company has found a way forward that thoughtfully combines addressing the important needs of protecting the franchise with a product approach for users... > “Messaging: The company is positioning messaging as the new modern social network with 3 characteristics: speed, privacy and interoperability. > “FB5: The new version of the app is more focused on communities and groups as a central part of the platform. > "Transactions: The company is becoming more active in payments having just launched a new shopping channel on Instagram…”May’s price target suggests that FB stock has an 8.4% upside. This is in line with the 12% upside derived from the $195 current share price and the $219 average price target. Facebook’s ‘Strong Buy’ consensus rating comes from 29 buy reviews and 4 holds given in the last three months.View FB Price Target & Analyst Ratings Detail Global Payments, Inc. (GPN – Research Report)Shifting gears from social tech to financial tech, we find a much more crowded space, especially in the payment processing niche. Giants like PayPal (PYPL) share the space with smaller players like Square (SQ), as well as established financial names like Visa (V) and Mastercard (MA). In this environment, Global Payments is a mid-size player, although a major factor in the North American fintech industry, providing credit card and debit card processing services for merchants as its main business, buttressed by support and data analytic services.GPN reported quarterly earnings on May 2. The company had beaten the earnings estimates for the previous four quarters, and Q1 2019 continued the run. The $1.34 reported EPS beat the $1.30 expectation by over 3%, and the $1.04 billion in quarterly revenue was a modest 0.8% higher than forecast. Both numbers represent gains over the year-ago quarter, and gave support to GPN's 1% share price advance.Oppenheimer analyst Glenn Greene (Track Record & Ratings), rated 4 overall in the TipRanks database, summed up the current situation for GPN stock after the earnings release: “GPN posted strong 1Q19 results with double-digit organic CC revenue growth, and cash EPS of $1.34… The company also modestly raised its CY19 guidance… With shares trading at ~20x our CY20E EPS, we view GPN as quite attractive.” Greene gives this stock a price target of $152, implying a 4% upside against the current $145 share price.Writing from SunTrust Robinson, Andrew Jeffrey (Track Record & Ratings) concurs with Greene’s bullish stand on GPN. Jeffrey took a more holistic look at the stocks, saying, “The company's profile as a hybrid of legacy processor and next-gen software provider in payments is more durable and less cyclical,” and giving GPN a $172 price target. His target suggests a 20% upside to the shares.Global Payments maintains a ‘Strong Buy’ consensus rating, based on 15 buys given in the last three months, which overwhelmed the 3 bearish ratings. The stock’s average price target, $152, and upside of 4%, match Greene’s, and indicate room for moderate near-term growth in this fintech company.View GPN Price Target & Analyst Ratings Detail Zynga, Inc. (ZNGA – Research Report)Both the stocks above are tech giants, with market cap in the tens of billions at least and share prices listed between $140 and $200. Let’s turn now to a smaller stock, still in tech, but a $6 palate cleanser if you’re looking for a bargain buy.Zynga is a social gaming company, that may be familiar to you – it was the distributor behind Farmville and Cityville, which were all the rage on Facebook for a time. While Zynga hasn’t had a hit like those in a while, the company still boasts over 80 million monthly active users on its games.So like Facebook, Zynga claims a strong user base to underpin its marketable activities, its games. And those games, in turn, gave the company a better-than-expected Q1. The headline EPS number came in negative, with ZNGA posting a loss of 12 cents per share. That was offset, however, by a 27% surge in revenues, which reached $265 million, and even more importantly, a massive 64% gain in booking (agreements on future business) to $359 million.Investors have latched on to the latter two points, as shown by ZNGA’s strong 9.4% gain in the days since the May 1 quarterly report. The day after the release, ZNGA received 6 ‘buy’ ratings from top analysts, including an upgrade from Baird’s Colin Sebastian (linked above). Sebastian bumped ZNGA to Outperform, citing, “…better-than-expected Q1 results largely confirming a successful turnaround and M&A strategy, improving organic growth outlook, and less dependence on new game launches.” His price target, of $8 per share, indicates a 32% upside potential.Mike Hickey (Track Record & Ratings), commenting from Benchmark, also gives ZNGA a bullish $8 price target. Hickey says that he is impressed by Zynga’s “expanding live service game portfolio and accelerated growth.” He added his belief in the company’s ability to maintain “long-term operating margins exceeding 30%.”Zynga’s consensus rating, like the stocks above, is another ‘Strong Buy,’ this one based on 8 buys and 2 holds. The stock sells for $6 now, and has an average price target of $6.58, giving a 9% upside potential.View ZNGA Price Target & Analyst Ratings Detail Enjoy Research Reports on the Stocks in this Article:Facebook, Inc. (FB) Research ReportGlobal Payments, Inc. (GPN) Research ReportZynga, Inc. (ZNGA) Research ReportAll three of these stocks are featured in TipRanks Trending Stocks tool. These are the stocks that Wall Street’s top analysts are most interested in. If you want to know what as the analysts’ attention, this is the place to look. Visit the Trending Stocks tool now.
Global Payments' earnings beat estimates and CEO Jeff Sloan is bullish on the future of the digital payments industry.
Global Payments (GPN) delivered earnings and revenue surprises of 3.08% and 0.77%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Atlanta-based company said it had net income of 71 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.34 per share. The results topped Wall Street expectations. ...
NEW YORK, NY / ACCESSWIRE / May 2, 2019 / Global Payments, Inc. (NYSE: GPN ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 2, 2019 at 8:00 AM Eastern ...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Does the May share price for Global Payments Inc. (NYSE:GPN) reflect what it's really worth? Today, w...
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NEWARK, N.J. (AP) — The former chief executive officer of one of the country's largest payment processing companies has settled insider trading allegations with the Securities and Exchange Commission.
The former chief executive of Heartland Payment Systems Inc agreed to pay a $250,628 civil fine to settle U.S. insider trading charges that he tipped his longtime romantic partner about the payment processor's $4.3 billion takeover by Global Payments Inc. Robert Carr, who founded Heartland, did not admit or deny wrongdoing in agreeing to the settlement with the U.S. Securities and Exchange Commission, which was filed this week with the federal court in New Haven, Connecticut. The SEC accused Carr of repeatedly discussing merger talks with his partner Katherine Hanratty and writing a check so Hanratty, who had expressed worries about her finances, could buy $900,000 of Heartland stock before the merger was announced.
Global Payments (GPN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Visa's (V) fiscal Q2 earnings is likely to be driven by higher revenues, partly offset by increase in client incentives and expenses.