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.
Many analysts weighed in on price targets for GPN. The most optimistic price target was 110, implying potential capital gains of 16.38 percent. The minimum price target given was 83, implying potential capital losses of -12.19 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.54 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -0.54 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.59 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
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 below the high by 1.21 percent. GPN has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.