Global Payments (GPN) Receives Media Impact Score of 0.13
News articles about Global Payments (NYSE:GPN) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Global Payments earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.3198675247298 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Redwood Investments LLC Upped Global Payments INC (GPN) Holding by $6.08 Million; Stock Value Rose – Flаtlаnd Nеws (flatlandnews.com)
- GPN or TSS: Which is the Better Payments Processing Stock? – Nasdaq (nasdaq.com)
- What’s Happening With These Business Services Stocks? — Euronet Worldwide, First Data, Global Payments, and … – PR Newswire (press release) (prnewswire.com)
- Time to Focus on Global Payments (GPN) for Strong Earnings Growth Potential – Yahoo Finance (finance.yahoo.com)
- Global Payments to Participate in the Barclays Emerging Payments Forum (finance.yahoo.com)
Shares of Global Payments (NYSE:GPN) opened at $118.36 on Friday. The company has a market capitalization of $18,767.19, a P/E ratio of 39.67, a P/E/G ratio of 1.54 and a beta of 1.09. Global Payments has a 12-month low of $76.47 and a 12-month high of $118.42. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.15.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 16th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. Global Payments’s dividend payout ratio (DPR) is presently 1.34%.
Global Payments declared that its Board of Directors has approved a share buyback plan on Thursday, February 15th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the business services provider to purchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.
Several equities analysts have commented on the company. Stephens reaffirmed a “buy” rating and issued a $125.00 price target on shares of Global Payments in a report on Tuesday, February 27th. KeyCorp upped their price target on Global Payments from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 16th. Citigroup upped their price target on Global Payments from $122.00 to $125.00 and gave the company a “buy” rating in a report on Friday, February 16th. SunTrust Banks reiterated a “buy” rating and issued a $130.00 price objective on shares of Global Payments in a research note on Friday, February 16th. Finally, Deutsche Bank upped their price objective on Global Payments and gave the company a “buy” rating in a research note on Friday, February 16th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty-three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $109.40.
In other Global Payments news, Director William I. Jacobs sold 600 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $103.62, for a total value of $62,172.00. Following the transaction, the director now directly owns 37,675 shares in the company, valued at approximately $3,903,883.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 3,600 shares of company stock worth $389,622 over the last quarter. Corporate insiders own 0.93% of the company’s stock.
About Global Payments
Global Payments Inc is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates through three segments: North America, Europe and Asia-Pacific. The Company’s segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services.
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