Professional
Added to YB: 2024-11-11
Pitch date: 2024-10-30
GPN [bullish]
Global Payments Inc.
-20.99%
current return
Author Info
No bio for this author
Company Info
Global Payments Inc. provides payment technology and software solutions for card, check, and digital-based payments in the Americas, Europe, and the Asia-Pacific.
Market Cap
$19.5B
Pitch Price
$101.57
Price Target
171.00 (+113%)
Dividend
N/A
EV/EBITDA
11.27
P/E
15.75
EV/Sales
N/A
Sector
Financial Services
Category
N/A
Global Payments Inc.: Solid Growth and Margin Expansion
GPN: Q3 rev +6% YoY, merchant +7%, issuer +2%. Adj op margin 46.1% (+40bps). AdvancedMD sale for $1.13B, $600M buyback planned. Analyst sees $171 FV, 14.8x 2024 EPS. 6% 5yr rev CAGR, 30% op margin by 2028. Risks: small merchant focus, macro sensitivity, data security. New CEO, focus on capital return.
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