Global Payments
About: Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.
Employees: 27,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
47% more call options, than puts
Call options by funds: $510M | Put options by funds: $348M
15% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 15 (+2) [Q3]
9% more repeat investments, than reductions
Existing positions increased: 341 | Existing positions reduced: 314
1% less funds holding
Funds holding: 883 [Q2] → 871 (-12) [Q3]
3.01% less ownership
Funds ownership: 92.15% [Q2] → 89.14% (-3.01%) [Q3]
8% less capital invested
Capital invested by funds: $25.3B [Q2] → $23.2B (-$2.12B) [Q3]
11% less first-time investments, than exits
New positions opened: 102 | Existing positions closed: 114
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Morgan Stanley James Faucette 77% 1-year accuracy 20 / 26 met price target | 48%upside $166 | Overweight Maintained | 18 Dec 2024 |
Barclays Ramsey El-Assal 67% 1-year accuracy 37 / 55 met price target | 21%upside $135 | Overweight Maintained | 17 Dec 2024 |
Keefe, Bruyette & Woods Vasundhara Govil 57% 1-year accuracy 4 / 7 met price target | 25%upside $140 | Outperform Maintained | 9 Dec 2024 |
Goldman Sachs Will Nance 69% 1-year accuracy 29 / 42 met price target | 38%upside $155 | Buy Maintained | 2 Dec 2024 |
RBC Capital Daniel Perlin 87% 1-year accuracy 45 / 52 met price target | 16%upside $130 | Outperform Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 10 articles about GPN published over the past 30 days