GPN stock: buy or sell?
September 20th, 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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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 use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Global Payments stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|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 collected 15 ratings published for GPN stock in the last month. The general sentiment of these ratings is bullish for GPN stock, with 12 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|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|
|2019-5-7||Morgan Stanley||Equal Weight||Equal Weight|
GPN stock analysis
Global Payments depreciated an ugly -0.65% and closed at $161.62.
Shares of Global Payments ended today at $161.62 and depreciated an ugly -0.65%. On Sep 6th, GPN hit a new all time high, pushing higher than on September/5 tops. Check different trading setups that use ATHs as triggers.
Global Payments shares eased -3.52% this week, ending at $161.62. Late July GPN plunged a godawful -5.05% in just one week.
Global Payments stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record Global Payments marked early September. Early April, SMA20w and SMA40w crossed up triggering a rise of 18.07%. Early February GPN price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
GPN stock price history
GPN IPO was on January 16th, 2001 at $3.35 per share1. Since then, GPN stock surged a 4,724.50%, with a yearly average of 262.50%. If you had invested right after GPN's IPO a $1,000 in GPN stock in 2001, it would worth $47,245.00 today.
1: Adjusted price after possible price splits or reverse-splits.
GPN stock historical price chart
GPN stock reached all-time highs on Sep/6 with a price of $175.94.
GPN stock price target is $182.60Predicting 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. We have 15 price targets for GPN stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|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%|
|2019-5-7||Morgan Stanley||Raises Target||$128.00||$137.00||7%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Global Payments presented its financial report, posting a good growth for the Earnings per Share (EPS) ratio. Analyst expected $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 turnover report draw a frightening drop down of -15.31% to $3,366.37 million dollars. Improving that, its profit margin (compared to revenues) gained 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 million in revenues for 2018-Q4, a 2.67% up compared to previous quarter. Reported quarter earnings marked $75.22 million with a profit margin of 8.54%. Profit margin plunged a -12.02% compared to previous quarter when profit margin was 20.56%. When comparing turnover to same quarter last year, Global Payments sales marked a hair-raising slide and collapsed a -16.48%. Looking back to recent quarterly results, Global Payments posted 3 negative 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 company, 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||$25.3 B||$33.9 B||$8.0 B||$2.3 B||$82.1 B|
|Total shares||156.7 M||838.8 M||54.5 M||71.9 M||613.4 M|
|Float shares||155.7 M||790.0 M||52.3 M||69.6 M||610.5 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%|
|Friday, September 20th, 2019|
|Day range||$159.76 - $163.95|
|Average true range||$4.56|
|50d mov avg||$163.63|
|100d mov avg||$159.17|
|200d mov avg||$140.47|
Global Payments performanceTo measure stock performance is always good to compare with competitors or related stocks. For Global Payments, the benchmark is made against eBay, Euronet Worldwide, Evertec, Fidelity National Information Services, Fiserv, Intuit, Mastercard, Total System Services and Western Union.
|TSSTotal System Serv...||3.47%||43.09%||36.87%|
Global Payments competitorsOne check before trading any stock is to review a list of its competitors, in this case for Global Payments. We selected 9 companies as Global Payments competitors as they are in the same industry or have similar market objectives.
- eBay (EBAY)
- Euronet Worldwide (EEFT)
- Evertec (EVTC)
- Fidelity National Information Services (FIS)
- Fiserv (FISV)
- Intuit (INTU)
- Mastercard (MA)
- Total System Services (TSS)
- Western Union (WU)
Latest GPN stock news
- Seeking AlphaGlobal Payments Executing On Its Vision And Delivering Margin LeverageMay 21, 2018