Global Payments | GPN | Long at $110.67Global Payments NYSE:GPN
Pros:
4.6 million companies use the payment service, operate in over 100 countries, and execute over 50 billion transactions per year
Has aggressively repurchased shares and plans to return $7.5 billion to shareholders over the next three years
Revenue rise from $4.9 billion in fiscal year 2019 to $10 billion in Q3 of 2024 (increasing every year)
EPS anticipated to grow to $16.40 by 2027 (2023 it was $10.41)
Has a dividend (0.9%)
Debt to equity = 0.77x (low)
Price is within my selected historical moving average area (often leading to a rise) and overall downward trend may be reversing or flattening
Cons:
Large insider selling, but only a little buying in comparison
Price gap near $95 may get closed prior to a move up
Unstable dividend
While the price may dip in the near-term, NYSE:GPN is in a personal buy zone at $110.67.
Targets:
$122.00
$130.00
$155.00
$210.00 (very long-term outlook)