Global Payments (GPN) has been gaining attention recently due to various factors. The company is deemed as one of the top undervalued tech stocks by hedge funds making it an attractive investment. Retireful LLC and Fiduciary Financial Group LLC made sizable purchases in GPN shares, further endorsing its potential growth. GPN showed a steady increase of 15.1% since its last earnings report.
On a more cautionary note, GPN had also been deemed riskier than it looks and consequently downgraded by both StockNews.com and Goldman Sachs. Similarly, demand for its shares softened, with insiders selling US$3.7m worth shares indicating some hesitancy. The company is said to be considering the sale of its payroll and Active Network along with the recent acquisition of AdvancedMD by Francisco Partners.
Despite some uncertainties, GPN is still viewed as a promising investment with its robust international revenues, strategic SWOT insights, and nimble handling of market trends. However, the release of the firm's 2025 outlook spooked investors triggering a 6.5% drop in the stock. Although GPN’s Q3 earnings missed estimates due to higher costs, the firm’s high growth software stock remains profitable.
Global Payments GPN News Analytics from Wed, 17 Apr 2024 07:00:00 GMT to Fri, 17 Jan 2025 13:06:55 GMT - Rating 5 - Innovation 5 - Information 7 - Rumor -6
