Holding Global Payments Stock? Here’s Why it Could Be a Winning Move
From Nasdaq
March 26, 2025 12:34:00 PM:
Global Payments Inc. (GPN) is set to grow with increasing transaction volumes, strategic partnerships, and improved financial performance. The company, with a market cap of $24.3 billion, operates globally with a strong presence in the Americas, Europe, and the Asia-Pacific regions.
The Zacks Rank #3 stock has a consensus estimate for 2025 earnings at $12.41 per share, indicating a 7.5% year-over-year rise. Revenues for 2025 are estimated at $9.28 billion, showing a 1.4% increase year-over-year. Global Payments’ focus on digital payment methods is expected to support further growth.
Global Payments strategically forms partnerships, invests in technology, and maintains a strong financial position with $2.5 billion in cash. The company’s operating cash flows increased from $2.2 billion in 2023 to $3.5 billion in 2024, allowing for business expansion and shareholder returns.
Despite rising operating expenses and competition in the payments industry, Global Payments remains focused on growth through partnerships, technology investments, and financial flexibility. The company repurchased $1.6 billion worth of shares in 2024 and plans to return $2 billion to shareholders in 2025, aiming for sustained success.
In the broader Business Services sector, better-ranked stocks include Coinbase Global, Inc. (COIN), Dave Inc. (DAVE), and PagSeguro Digital Ltd. (PAGS), each sporting a Zacks Rank #1. These companies have strong earnings and revenue growth projections, making them attractive investment opportunities in the current market environment.
Read more at Nasdaq: Holding Global Payments Stock? Here’s Why it Could Be a Winning Move