Global Payments Stock Symbol GPN Company Overview

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Global Payments, Inc. is a leading provider of payment technology solutions. The company is headquartered in Atlanta, Georgia, and has been in operation since 1967.

Global Payments has a long history of innovation in the payment industry, with a focus on delivering secure and convenient payment solutions to merchants and consumers worldwide.

The company's stock symbol is GPN.

Company Info

Global Payments is a company that's been around since 1967, founded by George W. Thorpe. It's headquartered in Atlanta, GA.

The company operates through three main segments: Merchant Solutions, Issuer Solutions, and Business & Consumer Solutions. The Merchant Solutions segment provides payments technology and software solutions to customers globally.

Global Payments has around 27,000 employees, according to the latest information. Its CEO is Cameron Bready.

Here are the company's main segments:

Financial Performance

Global Payments' financial performance has been impressive, with a revenue of $9.65 billion in 2023, a 7.56% increase from the previous year. This significant growth is a testament to the company's ability to expand its services and reach more customers.

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In 2023, Global Payments' earnings skyrocketed to $986.23 million, a staggering 784.57% increase from the previous year. This remarkable growth is a result of the company's strategic efforts to improve its operations and increase its revenue.

Here's a breakdown of Global Payments' revenue growth over the years:

Global Payments' financial performance is not limited to revenue growth; the company has also seen significant improvements in its operating income and income before tax.

Stock Performance

Global Payments stock has had its fair share of ups and downs, with a 7.56% increase in revenue in 2023 compared to the previous year.

The company's earnings were a staggering 784.57% increase, reaching $986.23 million in 2023. This significant jump is a testament to the company's growth and profitability.

In terms of price history, the current share price is $109.10, with a 52-week high of $141.78 and a 52-week low of $91.60. The beta of the stock is 1.01, indicating a relatively stable price movement.

Here's a summary of the stock's performance over the past year:

Stock Surges Past Market on Tuesday

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Global Payments stock had a remarkable day on Tuesday, surging past the market average. The company raised its guidance, expecting a double-digit improvement in profitability this year.

This news likely caught investors by surprise, and they reacted positively to the updated projections. The company's confidence in its future growth is a good sign for shareholders.

Global Payments also posted an earnings miss, but that didn't seem to deter investors. Other announcements attracted their focus, and the stock rose despite the mediocre quarter.

The company's ability to adapt and innovate is a key factor in its success. By making adjustments and staying ahead of the curve, Global Payments is well-positioned for long-term growth.

Stock Crashed 10% Today

When a stock crashes 10% in a single day, it's a significant event. This happened to Global Payments stock.

Earnings beats are supposed to boost a stock's value, but Global Payments' recent earnings report didn't quite work that way.

The stock's decline was a stark contrast to expectations, leaving investors wondering what went wrong.

Price History & Performance

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The current share price of Global Payments (GPN) is $109.10. This is a significant drop from its 52-week high of $141.78, but still above its 52-week low of $91.60.

Over the past year, GPN's share price has declined by 14.38%. This is a concerning trend, especially when compared to its 3-year change of -24.69% and 5-year change of -45.39%.

GPN's beta is 1.01, indicating that it is slightly more volatile than the overall market.

Here's a summary of GPN's share price performance over the past year:

GPN's share price has not had significant price volatility in the past 3 months compared to the US market, which is a positive sign.

Frequently Asked Questions

Is Global Payments a good stock to buy?

Global Payments appears to be a relatively cheap stock with a strong earnings growth history, making it a potential investment opportunity worth considering. However, further research and analysis are recommended to determine if it aligns with your individual investment goals and risk tolerance.

Why is GPN stock dropping?

GPN stock is dropping due to a disappointing preliminary fiscal year 2025 outlook that fell short of analysts' expectations. This has raised concerns about the company's near-term growth prospects.

Carlos Bartoletti

Writer

Carlos Bartoletti is a seasoned writer with a keen interest in exploring the intricacies of modern work life. With a strong background in research and analysis, Carlos crafts informative and engaging content that resonates with readers. His writing expertise spans a range of topics, with a particular focus on professional development and industry trends.

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