Global Payments stock: buy or sell

GPN stock price: $202.18 2.12% At close on Mar 1st, 2021

Updated on:
Mar 2nd, 2021

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Global Payments stock brief

  • Global Payments stock rose 2.12% to close at $202.18 on the stock market on Monday.
  • Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments in North America, Europe, the Asia-Pacific, and Latin America.

Should I buy Global Payments stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $GPN stock a buy?

Currently, Global Payments stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $GPN will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Global Payments stock?

Knowing when to sell a stock is even more difficult than knowing when to buy it. In the same way as when we have to buy shares, deciding when is appropiate time to sell is not a whimsical decision, and we must follow our own trading style. We like very simple strategies to guide us on when is a good time to sell a stock. Be aware that these strategies are not intended for selling short $GPN stock

A guiding principle is that you must never hold a trading operation that results in higher than expected losses at the time of the buy. The moment to sell shares always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Global Payments stock?

Currently, Global Payments stock doesn't match any of our preferred sell setups, so if you hold Global Payments stock and your operation is in profit probably is not time to sell now

Global Payments ratings

In the last 30 days, 7 brokerage ratings were published for Global Payments. General sentiment is bullish, with 5 out of 7 posting optimistic forecasts

Global Payments analysts' ratings - Last 30 days
Brokerage firmRating
Feb 3rd, 2021
Raymond James Buy
Feb 9th, 2021
140166 Buy
Citigroup Strong buy
Rosenblatt Securities Strong buy
Susquehanna Buy
Feb 10th, 2021
Morgan Stanley
Feb 12th, 2021
Compass Point Strong buyNeutral

Global Payments stock analysis

SMAs overview

GPN stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $208.71 (3.23% above)
  • R2: $215.70 (6.69% above)
  • The current support levels are:

  • S1: $199.49 (-1.33% below)
  • S2: $190.71 (-5.67% below)
  • S3: $185.07 (-8.46% below)
  • Bollinger bands

    The price is moving near to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can trade in these levels for many days and weeks

    GPN stock Bollinger Bands chart

    Relative strength index

    The RSI crossed up the oversold level of 30 last January after just being in the oversold zone for just one day (what can be considered a strength signal). The RSI value on Monday was 57.3. Global Payments shares exploded a 13.85% since RSI left the oversold zone

    GPN stock RSI chart

    Global Payments stock price history

    Global Payments went public on Jan 16th, 2001 priced at $3.59 per share1. Since then, GPN stock surged by 5,531.75%, with an average of 276.59% per year. An investment of thousand dollars on the IPO would have a value of $56,317.55 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    GPN stock price history chart

    Price target for Global Payments stock

    Nobody can predict how much a share will be priced tomorrow. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.

    The following table shows the price target posted by financial institutions over the last 30 days. If you are a small investor you must not invest based on these forecasts.

    The average price target for Global Payments stock calculated from the table below is $223.86. That is a 10.72% than the last price ($202.18).

    Global Payments stock price predictions
    Brokerage firmPrice target
    Feb 3rd, 2021
    Raymond James $206.00$205.00
    Feb 9th, 2021
    140166 $220.00$239.00
    Citigroup $223.00$232.00
    Rosenblatt Securities $217.00$235.00
    Susquehanna $220.00$239.00
    Feb 10th, 2021
    Morgan Stanley $185.00$197.00
    Feb 12th, 2021
    Compass Point $220.00

    Earnings and financials

    In early February, Global Payments Inc. ($GPN) posted adjusted EPS for that met analysts' expectations. Quarterly EPS was $1.80 per share versus the estimated $1.76. The company said revenue was $1.8 billion aligned with the market forecasts as well.

    Compared to the same quarter last year, EPS was $1.62, so reported EPS means a gain of 11.11%. Sales merely moved on an annualized basis in the , from $19.9B to $19.3B last quarter.

    Global Payments ($GPN) is hosting the Q1 earnings call next May. Wall Street expects of $1.80, compared to previous quarter that made $1.80.

    Global Payments performance

    GPN performance compared
    Company1m3m6m
    Global Payments ($GPN) 10.90% 2.20% 16.00%

    Important note:
    The viewpoints expressed in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this document does not have any knowledge of the individual positions of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for general educational motives only

    Global Payments summary

    Monday, March 1st, 2021
    Open$201.18
    Close$202.18
    Day range$199.43 - $202.69
    Previous close$197.99
    Session gain2.12%
    Average true range$6.35
    50d mov avg$197.10
    100d mov avg$190.05
    200d mov avg$182.22
    Earnings dateMay 5th, 2021

    Frequently asked questions

    What is Global Payments stock symbol?

    Global Payments Inc. is a public company trading in the US stock market with the GPN symbol

    Is Global Payments stock a buy or sell?

    Global Payments received 7 ratings in the last 30 days: 5 bullish, 0 bearish and 1 neutral.

    Will GPN go up?

    Global Payments had different price forecasts posted by analysts in the last month forecasting the target price to $223.86. That is a 10.72% than the current price ($202.18).