Global Payments Inc. (NYSE:GPN) shares fell to a low of $205.10 before closing at $209.56. Intraday shares traded counted 1.68 million, which was 9.83% higher than its 30-day average trading volume of 1.86M. GPN’s previous close was $205.17 while the outstanding shares total 299.11M. The firm has a beta of 1.20, a 12-month trailing P/E ratio of 107.74, and a growth ratio of 6.46. The stock’s Relative Strength Index (RSI) is 63.09, with weekly volatility at 3.46% and ATR at 6.09. The GPN stock’s 52-week price range has touched low of $105.54 and a $215.70 high. The stock traded higher over the last trading session, gaining 2.14% on 03/10/21.
Investors have identified the Specialty Business Services company Global Payments Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $60.70 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Global Payments Inc. (GPN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For GPN, the company has in raw cash 1.95 billion on their books with 827.36 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 4.59 billion total, with 4.55 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 8.91 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GPN sounds very interesting.
Is the stock of GPN attractive?
In related news, Senior EVP and CIO, Sacchi Guido Francesco sold 12,077 shares of the company’s stock in a transaction that recorded on Mar 02. The sale was performed at an average price of 202.07, for a total value of 2,440,399. As the sale deal closes, the Senior Executive VP and CFO, Todd Paul M now sold 28,341 shares of the company’s stock, valued at 5,737,352. Also, Chief Accounting Officer, SHEFFIELD DAVID M sold 711 shares of the company’s stock in a deal that was recorded on Mar 01. The shares were price at an average price of 200.41 per share, with a total market value of 142,492. Following this completion of acquisition, the Senior Executive VP and CFO, Todd Paul M now holds 27,373 shares of the company’s stock, valued at 5,453,440. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
26 out of 37 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Global Payments Inc.. 0 analysts has assigned a Sell rating on the GPN stock. The 12-month mean consensus price target for the company’s shares has been set at $222.50.