Latest news with #GlobalPayments
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5 hours ago
- Business
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Slower Growth Overshadows the Valuation Appeal for Global Payments (GPN)
Global Payments Inc. (NYSE:GPN) ranks lowest on our list of the , with a 30% correction so far this year. On June 2, Truist Securities analyst Matthew Coad initiated coverage of Global Payments with a Hold rating and a price target of $79. Although the stock looks undervalued compared to peers, and management is making efforts to streamline operations, he remains reserved about its growth potential. He expects organic revenue to stay within the 4%–5% range, which may limit the scope for a significant re-rating in the short term. A payment terminal in action with customers apart of the experience. Coad also points out that investor sentiment could stay subdued until there is greater clarity around the pending asset exchange between Global Payments and Fidelity National Information Services (FIS). The proposed deal involves FIS acquiring Global Payments' Issuer Solutions (Tsys) business for an enterprise value of $13.5 billion, netting approximately $12 billion for GPN after adjusting for $1.5 billion in expected tax benefits. In return, Global Payments will reacquire FIS's minority stake in Worldpay for $6.6 billion in pre-tax value. The transaction could reshape the company's strategic direction and financial profile once completed. Until then, Coad suggests that more attractive investment opportunities may exist among other large-cap names under his coverage. Global Payments is a U.S.-based financial technology company that offers payment solutions and related services to businesses, financial institutions, and consumers globally. While we acknowledge the potential of GPN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
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Global Payments renews alliance with Banamex in Mexico
Global Payments has expanded its partnership with Banco Nacional de México, a part of the Banamex Financial Group, to enhance commerce solutions in Mexico's acquiring and banking services sector. The collaboration is facilitated through Global Payments' EVO Payments business, which boasts a significant presence in the Mexican market, processing nearly 900 million transactions and servicing over 250,000 installed POS systems. The "multi-year renewal" aims to serve small and medium-sized enterprises as well as larger corporations, covering both online and physical retail environments. Banamex consumer banking head Sinead O'Connor said: 'Aligned with Mexico's growth, we continue to increase our robust technological payments infrastructure and strengthen our digital capabilities, enabling us to address and provide the best financial and payment solutions for SMEs and Corporates, which are the driving force behind local development.' As part of the alliance, Global Payments will deliver integrated and embedded payment solutions that complement Banamex's existing banking services. Global Payments' Mexico general manager Gabriel Mejía stated: 'Our strategic alliance with Banamex has been an outstanding success story and we are pleased to continue serving the needs of merchants across Mexico with our valued partner. 'Together, we will continue driving innovation forward so that businesses have the full range of leading commerce solutions they need to compete and win while delivering exceptional experiences for their customers.' Last week, the Financial Times reported that Elliott Management, an activist hedge fund, took a 'sizeable stake' in Global Payments. The payment processor has been facing investor backlash after its $24.2bn Worldpay acquisition pushed shares to a ten-year low. "Global Payments renews alliance with Banamex in Mexico " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
4 days ago
- Business
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What to Expect From Global Payments' Q2 2025 Earnings Report
Valued at a market cap of $20.2 billion, Global Payments Inc. (GPN) is a payment technology and software provider headquartered in Atlanta, Georgia. It enables businesses of all sizes to accept and process payments securely across card, digital, and check-based channels. The company is expected to announce its fiscal Q2 earnings for 2025 on Wednesday, Aug. 6. Ahead of this event, analysts expect this payment technology company to report a profit of $2.88 per share, up 2.9% from $2.80 per share in the year-ago quarter. The company has topped Wall Street's earnings estimates in three of the last four quarters, while missing on another occasion. In Q1, GPN's EPS of $2.82 outpaced the forecasted figure by 4.8%. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect GPN to report a profit of $11.54 per share, up 4.4% from $11.05 per share in fiscal 2024. Furthermore, its EPS is expected to grow 13.2% year-over-year to $13.06 in fiscal 2026. Shares of GPN have declined 19.8% over the past 52 weeks, considerably lagging behind both the S&P 500 Index's ($SPX) 10.5% rise and the Technology Select Sector SPDR Fund's (XLK) 10.8% return over the same time frame. On May 6, shares of Global Payments surged marginally after its Q1 earnings release. The company's adjusted net revenue increased by 1% from the year-ago quarter to $2.2 billion, coming in line with analyst estimates. Moreover, due to a 70 basis-point expansion in its adjusted operating margin and a decline in the number of outstanding shares, its adjusted EPS excluding share-based compensation of $2.82, improved 14.6% year-over-year, surpassing the consensus estimates by 4.8%. Looking ahead to fiscal 2025, GPN expects constant currency-adjusted net revenue growth to be in the range of 5% to 6%, excluding dispositions, and projects constant currency-adjusted EPS growth to be between 10% and 11%. Wall Street analysts are moderately optimistic about GPN's stock, with an overall "Moderate Buy" rating. Among 33 analysts covering the stock, 12 recommend "Strong Buy," one indicates a "Moderate Buy," 18 suggest "Hold,' and two advise a 'Strong Sell' rating. The mean price target for GPN is $99.21, indicating a 20% potential upside from the current levels. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
4 days ago
- Business
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GPN to Help Mexican SMEs via Banamex Partnership Renewal
Global Payments Inc. GPN recently expanded its collaboration with Banco Nacional de México, S.A., a member of the Banamex Financial Group and one of Mexico's most established banks. Through its EVO Payments division, the company supports Banamex by processing nearly 900 million transactions annually across a network of more than 250,000 installed point-of-sale terminals in Mexico. The multi-year renewal of the tie-up will enable both organizations to cater to the entire range of merchants — from small and mid-sized businesses to large enterprises — encompassing both digital-first and traditional retail operations. This partnership integrates Global Payments' cutting-edge integrated and embedded payment solutions with Banamex's comprehensive banking services. Therefore, the benefits of the alliance expansion will be reaped by the acquiring and banking services sector of Mexico in the form of enhanced commerce and payment solutions. Also, the latest announcement for benefiting the SMEs seems to be a timely one since they account for 52% of Mexico's revenues. Underlying Motive of Global Payments Behind the Divestiture With an upgraded payments infrastructure and enhanced digital capabilities as a result of Global Payments' payment solutions suite, the foothold of the company across Mexico is likely to receive a boost. Also, increased utilization of its solutions suite is expected to fetch higher revenues for GPN. For pursuing such strategic initiatives, Global Payments follows a transformation strategy to streamline business operations and free up capital for increased investments in growing its core areas of operations. This, in turn, will reinforce its position as a top-tier, commerce-focused solutions provider serving merchants of all sizes. Global Payments seems to be quite active in undertaking divestitures. In May 2025, GPN unveiled plans to divest its Payroll business to Acrisure. This April, it entered into a definitive agreement to sell its Issuer Solutions business to Fidelity National. Global Payments' Price Performance & Zacks Rank Shares of Global Payments have gained 23.1% in the past three months compared with the industry's 7.8% growth. The company currently carries a Zacks Rank #3 (Hold). Image Source: Zacks Investment Research Stocks to Consider Some better-ranked stocks in the Business Services space are Qifu Technology, Inc. QFIN, Omnicom Group Inc. OMC and SPX Technologies, Inc. SPXC. While Qifu Technology currently sports a Zacks Rank #1 (Strong Buy), Omnicom and SPX Technologies carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Qifu Technology's earnings surpassed estimates in each of the last four quarters, the average surprise being 14.25%. The Zacks Consensus Estimate for QFIN's 2025 earnings indicates a rise of 25.6%, while the same for revenues implies an improvement of 8.3% from the respective 2024 figures. The consensus mark for QFIN's 2025 earnings has moved 0.3% north in the past 30 days. The bottom line of Omnicom beat estimates in each of the trailing four quarters, the average surprise being 3.18%. The Zacks Consensus Estimate for OMC's 2025 earnings indicates a rise of 5%, while the same for revenues implies an improvement of 3% from the respective 2024 figures. The consensus mark for OMC's 2025 earnings has moved 1.6% north in the past seven days. SPX Technologies' earnings surpassed estimates in each of the last four quarters, the average surprise being 8.27%. The Zacks Consensus Estimate for SPXC's 2025 earnings indicates a rise of 13.4%, while the same for revenues implies an improvement of 11.7% from the respective 2024 figures. The consensus mark for SPXC's 2025 earnings has moved 0.2% north in the past 30 days. Shares of Qifu Technology and SPX Technologies have gained 19.6% and 43.8%, respectively, in the past three months. However, Omnicom stock has dipped 1.3% in the same time frame. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Omnicom Group Inc. (OMC) : Free Stock Analysis Report Global Payments Inc. (GPN) : Free Stock Analysis Report SPX Technologies, Inc. (SPXC) : Free Stock Analysis Report Qifu Technology, Inc. (QFIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
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S&P 500 Gains & Losses Today: Johnson & Johnson Stock Jumps; Universal Health Services Shares Slide
Key Takeaways The S&P 500 ticked 0.3% higher on Wednesday, July 16, 2025, as President Trump addressed concerns that a dismissal of Fed Chair Jerome Powell could be imminent. Johnson & Johnson shares pushed higher after the health care giant reported better-than-expected quarterly results. Shares of Universal Health Services fell after BofA analysts downgraded the stock, citing headwinds related to recent health care U.S. equities indexes ticked higher Wednesday as President Donald Trump refuted reports that he is planning the immediate dismissal of Federal Reserve Chair Jerome Powell and questions about his legal ability to do so. The S&P 500 added 0.3% in the midweek trading session. The Nasdaq also gained 0.3%, notching a record closing high for a third straight day. The Dow was up 0.5%. Read Investopedia's full coverage of today's trading here. Shares of Global Payments (GPN) surged 6.5%, the most of any S&P 500 stock, following reports that activist investor Elliott Management has accumulated a significant stake in the financial technology firm. Global Payments shares took a hit in April when the company agreed to acquire payment processor Worldpay in a cash-and-stock deal worth more than $24 billion. Johnson & Johnson (JNJ) shares jumped 6.2%. The medical device and drug maker topped sales and profit forecasts with its second-quarter results and boosted its full-year guidance. CEO Joaquin Duato said Johnson & Johnson is positioned for growth in the second half of 2025, highlighting approvals and expected submissions across various medical areas. U.S.-based asset manager Apollo Global Management (APO) is reportedly in discussions about a potential investment in Spanish soccer club Atletico Madrid. Although Apollo's initial meetings with the club were focused on financing Atletico's 800-million-euro development project surrounding Madrid's Metropolitano Stadium, the firm is now reportedly interested in acquiring a stake in the team's majority owner. Apollo Global Management shares gained 4.8%. Shares of engineering and design software firm Ansys (ANSS) fell 4.7%, posting the benchmark index's weakest daily performance. Wednesday's downturn gave back some of the gains posted by the stock earlier in the week after regulators in China granted conditional approval for the $35 billion buyout of Ansys by fellow software provider Synopsys (SNPS). S&P Dow Jones Indices said Tuesday that Ansys stock will exit the S&P 500 later this week following the closure of the deal, to be replaced by digital advertising firm The Trade Desk (TDD). Bank of America analysts downgraded Universal Health Services (UHS) stock to "underperform" from "neutral" and lowered their price target. Shares of the hospital operator fell 3.8%. Analysts cited concerns about health care legislation, including cuts to Medicaid and Affordable Care Act, or ACA, exchanges, which they believe could pressure patient volumes and increase hospitals' exposure to bad debt. BofA indicated that UHS is highly vulnerable to changes in state directed payments. Shares of memory chipmaker Micron Technology (MU) sank 3.1% after Goldman Sachs initiated coverage of the stock with a "neutral" rating. Although Goldman analysts said Micron could benefit from an eventual rebound in the NAND flash memory market heading into 2026, they maintain a cautious stance on the overall semiconductor space, revenues for which it expects will remain relatively stable through next year. Read the original article on Investopedia
