GPN stock: buy or sell?
November 19th, 2019
Global Payments Inc. provides payment technology and software solutions for credit cards, debit cards, electronic payments, and check-related services.
Should I buy GPN stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time 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.
Currently, 2 buy setups are elegible for Global Payments stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Global Payments stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we detected 15 ratings published for GPN stock in the last 30 days. The general sentiment of these ratings is bullish for GPN stock, with 13 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-24||Goldman Sachs Group||n/a||Buy|
|2019-9-18||Robert W. Baird||n/a||Outperform|
|2019-7-9||Robert W. Baird||n/a||Outperform|
|2019-7-31||Wells Fargo & Co||n/a||Outperform|
|2019-7-31||Piper Jaffray Companies||n/a||Overweight|
|2019-6-17||Bank of America||n/a||Buy|
GPN stock analysis
Shares of Global Payments ended today at $181.72 after reaching a new all time high ($181.86) and grew a fine 1.16%.
Global Payments shares grew 1.16% today and reached a new all time high at $181.86. GPN shows a sign of strength in the short-term after finally breaking out above $174.11 on October 31st and marking a new rising bottom. In the last 22 days when GPN stock price broke up the SMA100d line, it gained $20.38 (12.63%).
After boosting a great 5.00% in a week last week, Global Payments closed this week at $181.72 and inched a slightly fine 1.39%.
GPN shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late September, GPN climbed unceasignly breaking out to new all time highs. GPN touched new all-time highs back again this week, setting highs to $181.86. Since early April when SMA20w and SMA40w crossed up, GPN price gained $44.84 per share (32.76%). Since price and SMA40w lines crossed up early February, GPN climbed $67.98 (59.77%).
GPN stock price history
GPN IPO was on January 16th, 2001 at $3.35 per share1. Since then, GPN stock surged a 5,324.50%, with an average of 295.80% per year. If you had invested right after GPN's IPO a $1,000 in GPN stock in 2001, it would worth $53,245.00 today.
1: Adjusted price after possible price splits or reverse-splits.
GPN stock historical price chart
GPN stock reached all-time highs today with a price of $181.86.
GPN stock price target is $187.60Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 15 price predictions for GPN stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-24||Goldman Sachs Group||Initiates||n/a||$212.00||-|
|2019-9-18||Robert W. Baird||Raises Target||$188.00||$203.00||8%|
|2019-9-10||SunTrust Banks||Raises Target||$190.00||$210.00||10.5%|
|2019-7-9||Robert W. Baird||Reiterates||$174.00||$182.00||4.6%|
|2019-7-31||Wells Fargo & Co||Reiterates||$180.00||$185.00||2.8%|
|2019-7-31||Piper Jaffray Companies||Reiterates||$187.00||$195.00||4.3%|
|2019-7-26||Deutsche Bank||Raises Target||$162.00||$182.00||12.3%|
|2019-6-17||Bank of America||Reiterates||$160.00||$180.00||12.5%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Global Payments reported its latest financial data, posting a nice growth for the Earnings per Share (EPS). Analyst were expecting $1.25 per share, but Global Payments posted $1.33.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a frightening drop down of -15.31% to $3,366.37 M dollars. Nonetheless, its earnings margin (compared to sales) raised to 13.43%, that is $452.05 million.
|2013||$2,380 M||-||$216 M9.1%||-|
|2014||$2,550 M||7.14%||$245 M9.6%||13.49%|
|2015||$2,774 M||8.77%||$278 M10.0%||13.35%|
|2015||$2,770 M||-0.13%||$278 M10.0%||0.00%|
|2016||$2,898 M||4.63%||$272 M9.4%||-2.29%|
|2016||$2,203 M||-23.99%||$125 M5.7%||-54.01%|
|2017||$3,975 M||80.45%||$468 M11.8%||274.95%|
|2018||$3,366 M||-15.31%||$452 M13.4%||-3.50%|
Quarterly financial resultsGlobal Payments reported $880.56 M in revenues for 2018-Q4, a 2.67% up compared to previous quarter. Reported quarter income marked $75.22 million with a profit margin of 8.54%. Profit margin collapsed a -12.02% compared to previous quarter when profit margin was 20.56%. When comparing sales to same quarter last year, Global Payments sales marked a hair-raising slide and plunged a -16.48%. Looking back to recent quarterly results, Global Payments posted 3 positive quarters in a row.
|2017-Q2||$962 M||-||$67 M7.0%||-|
|2017-Q3||$1,039 M||7.97%||$111 M10.7%||65.51%|
|2017-Q4||$1,054 M||1.48%||$242 M23.0%||118.50%|
|2018-Q1||$795 M||-24.59%||$91 M11.5%||-62.23%|
|2018-Q2||$833 M||4.80%||$109 M13.1%||19.33%|
|2018-Q3||$858 M||2.94%||$176 M20.6%||61.70%|
|2018-Q4||$881 M||2.67%||$75 M8.5%||-57.35%|
|2019-Q1||$883 M||0.28%||$112 M12.7%||49.36%|
Global Payments ownershipWhen you are planning to invest in shares of a stock, it's worth to check its ownership structure.
Global Payments shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.71% of all shares.
Bearish positions for GPN stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Global Payments:
|Market cap||$54.6 B||$28.5 B||$8.3 B||$2.2 B||$84.2 B|
|Total shares||300.6 M||813.5 M||54.0 M||71.9 M||614.6 M|
|Float shares||298.5 M||774.4 M||51.9 M||69.7 M||611.6 M|
|- Institutional holdings (%)||102.0%||88.0%||104.4%||85.8%||92.3%|
|- Insider holdings (%)||0.7%||5.3%||4.2%||16.8%||0.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, November 19th, 2019|
|Day range||$179.74 - $181.86|
|Average true range||$3.60|
|50d mov avg||$164.72|
|100d mov avg||$164.04|
|200d mov avg||$152.61|
Global Payments performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected eBay, Euronet Worldwide, Evertec, Fidelity National Information Services, Fiserv, Intuit, Mastercard and Western Union as the bechmarking frame for Global Payments stock.
Global Payments competitorsWe selected a few stocks to conform a list of Global Payments competitors to watch if you are interested in investing in GPN:
- eBay (EBAY)
- Euronet Worldwide (EEFT)
- Evertec (EVTC)
- Fidelity National Information Services (FIS)
- Fiserv (FISV)
- Intuit (INTU)
- Mastercard (MA)
- Western Union (WU)
Latest GPN stock news
- Seeking AlphaGlobal Payments Executing On Its Vision And Delivering Margin LeverageMay 21, 2018