GPN stock: buy or sell?
May 21st, 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?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick 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 work 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?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we collected 14 ratings published for GPN stock in the last month. The general sentiment of these ratings is bullish for GPN stock, with 10 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-7||Morgan Stanley||Equal Weight||Equal Weight|
|2019-5-6||JPMorgan Chase & Co.||n/a||Overweight|
|2019-2-28||Jefferies Financial Group||Buy||Buy|
|2019-1-8||Goldman Sachs Group||Neutral||Buy|
GPN stock analysis
Global Payments inched 1.33% today to $150.52 after reaching all time highs on Thursday.
After several days of continuous hikes in past weeks, Global Payments inched 1.33% to $150.52. On April 15th, SMA100d and SMA200d crossed up triggering a rise of 8.18%. Since price and SMA200d lines crossed up on February, GPN climbed $37.53 (33.22%). On Thursday, GPN hit new all time highs, pushing higher previous ATH of $149.06 recorded on Wednesday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Global Payments shares raised 0.47% this week, ending at $150.52. With this, it's been 5 climbing weeks in a row, soaring a 7.80%.
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 last week. Early April, SMA20w and SMA40w crossed up triggering a rise of 9.95%. Early February GPN price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
GPN stock price history
GPN stock went public on January 16th, 2001 with a price of $3.351. Since then, GPN stock grew a 4,393.10%, with an average of 244.10% per year. If you had invested right after GPN's IPO a $1,000 in GPN stock in 2001, it would worth $43,931.00 today.
1: Adjusted price after possible price splits or reverse-splits.
GPN stock historical price chart
GPN stock reached all-time highs on Thursday with a price of $152.24.
GPN stock price target is $142.60Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 13 price targets for GPN stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-7||Morgan Stanley||Raises Target||$128.00||$137.00||7%|
|2019-5-6||JPMorgan Chase & Co.||Raises Target||$140.00||$151.00||7.9%|
|2019-5-3||SunTrust Banks||Raises Target||n/a||$175.00||-|
|2019-4-16||SunTrust Banks||Raises Target||n/a||$155.00||-|
|2019-2-28||Jefferies Financial Group||Initiates||n/a||$150.00||-|
|2019-1-8||Goldman Sachs Group||Upgrades||$122.00||$128.00||4.9%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Global Payments presented its financial report, posting a fine climb for the Earnings per Share (EPS). Experts 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 spooky loss of -15.31% to $3,366.37 million USD. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) gained a 1.64% to 13.43%.
|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 sales for 2018-Q4, a 2.67% improvement compared to previous quarter. Reported quarter income marked $75.22 million with a profit margin of 8.54%. Profit margin plummed a -12.02% compared to previous quarter when profit margin was 20.56%. When comparing revenues to same quarter last year, Global Payments sales marked a chilling slide and plunged 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 stock, it's worth to overview 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.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$23.7 B||$31.9 B||$7.9 B||$38.3 B||$34.2 B|
|Total shares||157.2 M||871.5 M||52.0 M||323.6 M||392.4 M|
|Float shares||156.3 M||823.3 M||49.8 M||321.5 M||391.6 M|
|- Institutional holdings (%)||102.0%||88.0%||104.4%||92.3%||91.1%|
|- Insider holdings (%)||0.7%||5.3%||4.2%||0.6%||0.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$149.64 - $150.93|
|Average true range||$3.32|
|50d mov avg||$140.32|
|100d mov avg||$128.53|
|200d mov avg||$122.03|
Global Payments performanceTo better understand Global Payments performance you must becnhmark its gains with other related stocks in same sector or industry. We selected eBay, Euronet Worldwide, Fidelity National Information Services, Fiserv, Intuit, Mastercard, Total System Services and Western Union as the bechmarking frame for Global Payments stock.
|TSSTotal System Serv...||7.39%||21.99%||17.46%|
Global Payments competitorsWe chose a few stocks to conform a list of Global Payments competitors to examine if you are interested in investing in GPN:
- eBay (EBAY)
- Euronet Worldwide (EEFT)
- 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