Global Payments Inc (NYSE:GPN) experienced a number of significant events and updates. Oppenheimer & Co. Inc. sold 3,275 of GPN's shares. On February 13, 2025, GPN reported its results for the fourth quarter and full year of 2024. The company showed record revenue growth in Q4 2024. Despite this, the company's Q4 earnings missed expectations due to the higher cost of service.
The target price for GPN was set at $134.33 by brokerages, however, it received a downwards revision from Zacks Research. RBC Capital, on the other hand, raised the target to $139. The company issued a dividend of $0.25. Some establishments such as the National Pension Service and Argyle Capital Management LLC altered their stock positions in GPN.
The Q4 earnings set a critical stage for the 2024 financial review. Fastlane, a project in partnership with PayPal, was announced on October 23, 2024. Towards the end of the year, GPN shared its updated strategy and medium-term outlook at an investor conference and was deemed a strong competitor in the digital currency and payments market. Despite some volatility, experts share a bullish perspective towards GPN's future.
Global Payments GPN News Analytics from Tue, 06 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:18:51 GMT - Rating 4 - Innovation 5 - Information 6 - Rumor -2
