Recently, Global Payments (GPN) experienced a 13% drop due to their HR Chief's resignation. This has led to some investors including Blair William & Co. IL and Cannell & Spears LLC to reduce their stakes in the company. Rumours have circulated regarding a potential sale of Global Payments' issuer business. Despite this uncertainty, the company is still seen as one of the best Fintech stocks to buy with strong endorsement by billionaires and the acquisition of stocks by Clearbridge Investments LLC and Allstate Corp. Analysts are generally bullish on the future of the company despite the recent dip. There's also excitement over the upcoming US$0.25 dividend. Global Payments announced plans to sell its AdvancedMD to Francisco Partners and released its 2025 Commerce and Payment Trends Report. However, their Q4 2024 Earnings missed due to the higher cost of service. The company's 52-week low dropped to $89.81 amid market shifts with the price target adjustment by Goldman Sachs. Global Payments has announced an Investor Conference in the following months. Despite a pessimistic forecast by Keefe Bruyette, the company remains interesting to investors.
Global Payments GPN News Analytics from Mon, 26 Aug 2024 07:00:00 GMT to Sat, 05 Apr 2025 21:50:28 GMT -
Rating 2
- Innovation -1
- Information 5
- Rumor -3
