Stock FAQs

why is global payments stock down

by Nash Kessler Published 3 years ago Updated 2 years ago
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Global Payments is making progress with its strategic review of Netspend, its prepaid debit card unit. Global Payments GPN –0.48% stock was sinking Monday after earnings guidance for 2022 disappointed investors. Shares of Global Payments (ticker: GPN) fell 10.6% on Monday to $122.47.May 2, 2022

Why are global payments shares down 11% today?

Nov 02, 2021 · Shares of payments technology company Global Payments ( GPN -1.42%) are getting destroyed today, down 10% in 1:50 p.m. EDT trading despite the fact that the company just "beat earnings" in its ...

Should you buy Global Payments stock now?

Sep 01, 2021 · Global Payments Q2 Earnings Beat, Revenues Rise Y/Y. Global Payments Inc. earnings per share of $2.04, beat the Zacks Consensus Estimate by 7.9%. The bottom line surged 56% year over year ...

Is Global Payments'stock overvalued or undervalued?

Sep 01, 2021 · Sep. 1, 2021, 11:30 AM. It has been about a month since the last earnings report for Global Payments (GPN). Shares have lost about 4.1% in that time frame, underperforming the S&P 500.Will the ...

How much of Global Payments'stock are insiders selling?

May 02, 2022 · Perhaps Global Payments is falling into a zone where it's not quite growing fast enough for growth investors, and not paying a high enough dividend for …

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Aug 29, 2019 · Currently, Global Payments has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. However, the stock was allocated a grade of D on the value side, putting it in ...

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Is Global Payments a good stock to buy?

GLOBAL PAYMENTS Stock Forecast FAQ

Out of 18 analysts, 10 (55.56%) are recommending GPN as a Strong Buy, 5 (27.78%) are recommending GPN as a Buy, 3 (16.67%) are recommending GPN as a Hold, 0 (0%) are recommending GPN as a Sell, and 0 (0%) are recommending GPN as a Strong Sell.

Are global payments undervalued?

Valuation. Global Payments' stocks are undervalued as it is currently trading at forward 12-month earnings of 12.9X, lower than the industry's 21.3X.Mar 14, 2022

How does global payments make money?

After merging with TSYS in 2019, Global Payments has nearly 24,000 employees. In 2020, 63 percent of the company's revenue was derived from Merchant Solutions 26 percent from Issuer Solutions, and 11 percent from the Business and Consumer Solutions segment, which operates as NetSpend.

Who owns worldpay now?

Worldpay Group/Parent organizations

What companies does Global Payments own?

Global Payments Canada Inc.Canada
Global Payments Card Processing Malaysia Sdn. Bhd.Malaysia
Global Payments Check Recovery Services, Inc.Georgia
Global Payments Check Services, Inc.Illinois
Global Payments Comerica Alliance, LLCDelaware (2)
53 more rows

What type of company is Global Payments?

technology and software company
Global Payments is a technology and software company, providing the world's leading complete commerce ecosystem to businesses of every size.

How much cash did Global Payments exit the second quarter?

Global Payments exited the second quarter with cash and cash equivalents of $1.8 billion, which fell 7.5% from the level at 2020 end.

Who bought Bankia?

Global Payments recently agreed to purchase the payments businesses of Bankia from its CaxiaBank’s partners. The move will strengthen the European footprint of Global Payments.

Is Global Payments a hold?

Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Global Payments has a Zacks Rank #3 ( Hold). We expect an in-line return from the stock in the next few months.

What is Global Payments?

Global Payments Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific. The company operates through three segments: Merchant Solutions, Issuer Solutions, and Business and Consumer Solutions. The Merchant Solutions segment offers authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements, and on-line reporting services. This segment also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added services, such as point-of-sale solutions, and analytic and engagement tools, as well as payroll and human capital management services. The Issuer Solutions segment offers solutions that enable financial institutions and retailers to manage their card portfolios through a platform; and commercial payments and ePayables solutions for businesses and governments. The Business and Consumer Solutions segment provides general-purpose reloadable prepaid debit and payroll cards, demand deposit accounts, and other financial service solutions to the underbanked and other consumers, and businesses under the Netspend brand. It markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, and independent sales organizations. The company was founded in 1967 and is headquartered in Atlanta, Georgia.

Where does Global Payments trade?

Global Payments trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPN."

What is the dividend payout ratio of Global Payments?

Global Payments does not yet have a strong track record of dividend growth. The dividend payout ratio of Global Payments is 12.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Global Payments will have a dividend payout ratio of 8.66% next year.

What is the official website for global payments?

The official website for Global Payments is www.globalpaymentsinc.com.

What is the average rating of Global Payments?

Global Payments has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 19 buy ratings, 4 hold ratings, and no sell ratings.

How much is Global Payments' 2021 earnings?

Global Payments updated its FY 2021 earnings guidance on Tuesday, November, 9th. The company provided earnings per share guidance of $8.100-$8.200 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.020. The company issued revenue guidance of $7.71 billion-$7.73 billion, compared to the consensus revenue estimate of $7.74 billion.

What is global payment?

Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company’s shares.

What is the inflation rate in October?

We had some serious economic news this month, when October’s inflation rate came in at 6.2% annualized. It was the sixth consecutive month +5% year-over-year inflation gains – and the highest inflation rate seen in the US since 1990. Billionaire Ray Dalio, founder of Bridgewater Associates, reminds investors that the worst asset to hold in this environment is cash. "Some people make the mistake of thinking that they are getting richer because they are seeing their assets go up in price without s

How much did Global Payments stock fall in 2021?

The Global Payments Inc stock price fell by -1.91% on the last day (Monday, 22nd Nov 2021) from $125.93 to $123.53. and has now fallen 3 days in a row. During the day the stock fluctuated 4.73% from a day low at $121.67 to a day high of $127.43. The price has fallen in 7 of the last 10 days and is down by -8.22% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -897 thousand shares and in total, 3 million shares were bought and sold for approximately $366.30 million.

What is the price target for GPN in 2021?

On Nov 17, 2021 "UBS Group" gave "" rating for GPN. The price target was changed from $125.51 to 3.0% .

Is Global Payments Inc a negative stock?

Global Payments Inc holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

How much is Global Payments expected to make in 2021?

Concurrent with second-quarter results, Global Payments upped its 2021 business outlook. Adjusted net revenues are anticipated between $7.70 billion and $7.73 billion, higher than the prior view of $7.550-$7.625 billion. The revised guidance indicates improvement of 14-15% from the 2020-end reported figure. The mid-point of the new guidance lies in line with the Zacks Consensus Estimate of $7.72 billion.

What is the Zacks Rank for Global Payments?

Global Payments carries a Zacks Rank #3 ( Hold), at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

How much has the Zacks consensus been moved north in 2021?

The Zacks Consensus Estimate for 2021 earnings has been moved north by 1.6% in the past 30 days.

Is Global Payments a strong company?

Global Payments boasts of a strong cash balance and robust cash generating abilities, which have enabled it to undertake numerous growth-linked initiatives and prudently deploy capital. Recently, management approved a 28.2% hike in the quarterly dividend. Its leverage ratio of 27.7% at the second-quarter end remained lower than the industry’s figure of 37.9%.

Is Merchant Solutions gaining revenue?

The company’s revenues have been gaining on the back of strong performances across Merchant Solutions, Issuer Solutions, and Business and Consumer Solutions units. Time and again, it has been acquiring and joining forces with several financial institutions to roll out innovative payment solutions and bolster geographical presence. Several contract wins and renewals have strengthened partners’ and customers’ trust on the company’s capabilities.

Is Global Payments buying TSYS?

Global Payments’ acquisition of TSYS is a crucial deal. It has provided the much-needed scale to the company’s business and enabled it to foray across several new markets. The merger-related synergies stemming from TSYS buyout are expected to result in cost savings and thereby benefit the bottom line. The company continues to anticipate annual run rate expense synergies of at least $400 million by September 2022, which marks the third year of closing of TSYS merger. Besides, it has made continued investments in technology aimed at capitalizing on sound prospects in the digital payments space.

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