GPN stock: buy or sell?
July 16th, 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. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
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?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.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|
|2019-7-9||Robert W. Baird||n/a||Outperform|
|2019-6-17||Bank of America||n/a||Buy|
|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|
GPN stock analysis
After several days of continuous rises in past weeks, Global Payments declined -0.72% to $164.74.
Global Payments declined -0.72% to $164.74 after yesterday all time highs. On April, SMA100d and SMA200d crossed up triggering a rise of 18.41%. Yesterday, GPN hit new all time highs, pushing higher previous ATH of $166.13 recorded on Wednesday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Global Payments shares reached new all time highs back again this week, marking to $166.14. Shares closed at $164.74 and stayed stable 0.32% during the week. For 3 weeks in a row, price climbed and marked a profit of 2.86%.
Price finally broke over the resistance at $114.65 and continued climbing. Since SMA20d and SMA40w crossed up early April, GPN price climbed $27.85 per share (20.34%). 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 $3.61 per share1. Since then, GPN stock grew a 4,463.40%, with a yearly average of 248.00%. If you had invested right after GPN's IPO a $1,000 in GPN stock in 2001, it would worth $44,634.00 today.
1: Adjusted price after possible price splits or reverse-splits.
GPN stock historical price chart
GPN stock reached all-time highs yesterday with a price of $166.14.
GPN stock price target is $159.60How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' GPN stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we found 14 price predictions for GPN stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-9||Robert W. Baird||Reiterates||$174.00||$182.00||4.6%|
|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%|
|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||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareGlobal Payments presented beatiful results for 2018-Q4 on February. Global Payments gained Earnings per Share (EPS) by 6.40%, beating analysts consensus of $1.25. Global Payments posted $1.33.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a hair-raising correction of -15.31% to $3,366.37 M dollars. In contrary, its income margin (compared to revenues) inched 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% improvement compared to previous quarter. Reported quarter income marked $75.22 M 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 sales to same quarter last year, Global Payments sales marked a frightening decrease 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 buy shares of a stock, it's always worth to review 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||$25.9 B||$34.8 B||$8.7 B||$2.4 B||$43.2 B|
|Total shares||157.2 M||871.5 M||52.0 M||72.2 M||331.0 M|
|Float shares||156.1 M||823.2 M||49.8 M||69.9 M||321.6 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, July 16th, 2019|
|Day range||$164.15 - $165.90|
|Average true range||$2.28|
|50d mov avg||$155.93|
|100d mov avg||$146.01|
|200d mov avg||$128.82|
Global Payments performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Global Payments against eBay, Euronet Worldwide, Evertec, Fidelity National Information Services, Fiserv, Intuit, Mastercard, Total System Services and Western Union in the following table:
|TSSTotal System Serv...||32.41%||51.59%||49.26%|
Global Payments competitorsOne check before trading any stock is to have a look 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