Global Payments downgraded by Bernstein with a new price target
$GPN
Business Services
Consumer Discretionary
Bernstein downgraded Global Payments from Outperform to Mkt Perform and set a new price target of $112.00 from $135.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/22/2024 | $135.00 → $112.00 | Outperform → Mkt Perform | Bernstein |
| 10/1/2024 | Perform | Oppenheimer | |
| 9/25/2024 | $165.00 → $155.00 | Buy | Monness Crespi & Hardt |
| 9/25/2024 | $204.00 → $194.00 | Buy | B. Riley Securities |
| 9/25/2024 | Outperform → Mkt Perform | William Blair | |
| 9/25/2024 | Buy → Neutral | Seaport Research Partners | |
| 9/25/2024 | Buy → Neutral | BTIG Research | |
| 6/12/2024 | $100.00 | Equal Weight | Wells Fargo |
Third quarter 2024 GAAP diluted earnings per share (EPS) of $1.24, a decrease of (11)%, and adjusted EPS of $3.08, an increase of 12% Third quarter 2024 GAAP revenue of $2.60 billion, an increase of 5%, and adjusted net revenue of $2.36 billion, an increase of 6% Reaffirms outlook for 2024 Reaches a definitive agreement to sell AdvancedMD Enters into $600 million accelerated share repurchase plan Global Payments Inc. (NYSE:GPN) today announced results for the third quarter ended September 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030804195/en/ "We are pleased with our solid financial performance in th
Global Payments Inc. (NYSE:GPN), a leading worldwide provider of payment technology and software solutions, will release third quarter 2024 financial results before the market opens on Wednesday, October 30, 2024. Global Payments' management will host a live audio webcast to discuss these results at 8:00 a.m. ET on Wednesday, October 30, 2024. All interested parties may access the audio webcast via the investor relations page of the company's website at investors.globalpayments.com. A replay of the webcast will also be available after the event. About Global Payments Global Payments Inc. (NYSE:GPN) is a leading payments technology company delivering innovative software and services to ou
Second quarter 2024 GAAP diluted earnings per share (EPS) of $1.47, an increase of 40%, and adjusted EPS of $2.93, an increase of 12% Second quarter 2024 GAAP revenue of $2.57 billion, an increase of 5%, and adjusted net revenue of $2.32 billion, an increase of 6% Reaffirms outlook for 2024 Announces official commerce technology partnership with Diamond Baseball Holdings Renews long-standing issuer relationship with NatWest Global Payments Inc. (NYSE:GPN) today announced results for the second quarter ended June 30, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240807386498/en/ "We delivered high single-di
Six-Member Slate Possesses Necessary Software, Legal Technology, Operations and Capital Allocation Experience to Oversee a Value-Enhancing Turnaround Believes Significant Boardroom Change is Warranted Following Years of Disappointing Shareholder Returns, Value-Destructive M&A, High Employee Turnover, Inappropriate Executive Compensation and Anti-Shareholder Actions Upcoming Annual Meeting Provides Opportunity for Shareholders to Elect Leaders Who Will Hold Management Accountable, Close Dye & Durham's Valuation Gap and Restore Trust with Company Stakeholders Engine Capital LP (together with its affiliates, "Engine" or "we"), which owns approximately 7.1% of the issued and outstanding comm
BOSTON, Oct. 31, 2024 (GLOBE NEWSWIRE) -- MineralTree, the business-to-business division of Global Payments (NYSE:GPN) offering accounts payable (AP) and payment automation solutions, today released its 9th annual State of AP Report. This year's findings provide a valuable benchmark for finance teams to compare their back office automation efforts and highlight areas where they can capitalize further to support their businesses. The 2024 report reflects responses from buyers and their vendors to present a complete view of the accounts payable (AP) and payment automation landscape. "AP automation remains a major source of success for finance leaders as they continue to pursue faster and mo
Acquisition to position AdvancedMD as standalone business to accelerate investment and expansion Francisco Partners ("FP"), a leading global investment firm that specializes in partnering with technology businesses, announced it has signed a definitive agreement to acquire AdvancedMD, a leading cloud-based provider of medical office software, from Global Payments, Inc. (NYSE:GPN), a leading worldwide provider of payment technology and software solutions. Founded in 1999, AdvancedMD provides a cloud native medical office software platform that unifies practice management, electronic health record, patient engagement, and payments software solutions. AdvancedMD delivers an end-to-end practi
Bernstein downgraded Global Payments from Outperform to Mkt Perform and set a new price target of $112.00 from $135.00 previously
Oppenheimer resumed coverage of Global Payments with a rating of Perform
Monness Crespi & Hardt reiterated coverage of Global Payments with a rating of Buy and set a new price target of $155.00 from $165.00 previously
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SAN JOSE, Calif., Oct. 23, 2024 /PRNewswire/ -- PayPal Holdings Inc. (NASDAQ:PYPL) today announced an expanded collaboration with Global Payments Inc. (NYSE:GPN) aimed at transforming checkout experiences. This partnership will see Global Payments offer their U.S. merchants enhanced PayPal and Venmo branded checkout solutions and accelerated guest checkout through Fastlane by PayPal. Fastlane enhances the shopping experience for consumers and drives increased conversion rates for businesses leveraging the platform. "We're excited to deepen our collaboration with Global Paymen
Global Payments Inc. (NYSE:GPN), a leading worldwide provider of payment technology and software solutions, today announced the appointment of Robert "Bob" Cortopassi, as its new president and chief operating officer, effective immediately. "Bob is a proven, growth-oriented leader and trusted colleague with an exceptional track record managing key businesses across our organization during his 12-year tenure at the company," said Cameron Bready, chief executive officer of Global Payments. "He is an inspiring and skillful people leader and uniquely positioned to assume this role given his deep familiarity with our business. Bob's extensive experience and proven track record in driving growt
Johnston to succeed Guido Sacchi who will retire at the end of the year Global Payments Inc. (NYSE:GPN), a leading worldwide provider of payment technology and software solutions, today announced the appointment of Shannon Johnston, currently executive vice president, chief digital officer and deputy chief information officer, to senior executive vice president and chief information officer, effective January 1, 2024. Guido Sacchi, senior executive vice president and chief information officer, will retire at the end of 2023 after nearly 13 years with the company. Sacchi will continue to serve as a strategic advisor to the company, assisting with transition through February 2024. "Guido
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8-K - GLOBAL PAYMENTS INC (0001123360) (Filer)
10-Q - GLOBAL PAYMENTS INC (0001123360) (Filer)
RBC Capital analyst Daniel Perlin reiterates Global Payments (NYSE:GPN) with a Outperform and maintains $172 price target.
In the latest quarter, 15 analysts provided ratings for Global Payments (NYSE:GPN), showcasing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 9 3 0 0 Last 30D 0 1 0 0 0 1M Ago 1 1 1 0 0 2M Ago 0 0 1 0 0 3M Ago 2 7 1 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $142.4, a high estimate of $164.00, and a low estimate of $100.00. This current average represents a 9.87% decrease from the p
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