Analyst Ratings for Global Payments Inc. (GPN)Updated: 2017-07-29
Analysts covering Global Payments Inc. (NYSE:GPN) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for GPN last month.
34 analysts issued ratings on the stock, where 21 gave GPN a buy rating, 2 gave an overweight rating, 10 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 3. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for GPN. The most optimistic price target was 110, implying a possible profit of 16.38 percent. The minimum price target given was 83, implying potential capital losses of -12.19 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.54 percent. The average change in earnings estimates over the last 90 days is -0.54 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 1.59 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
GPN has traded between a high of 95.68 and a low of 64.63 over the past year. The current market price is above the trailing year's low by 46.25 percent, and 1.21 percent lower than its 52-week high. GPN has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The GPN value stock report compares GPN to some of its peers using value stock charts. The stock has a market capitalization of $14.43 billion. GPN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.