One company value investors might notice is Global Payments (GPN) . GPN is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 8.68. This compares to its industry's average Forward P/E of 22.24. Over the past 52 weeks, GPN's Forward P/E has been as high as 12.20 and as low as 8.64, with a median of 10.28. Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But ...

Core Viewpoint - The comparison between Global Payments (GPN) and MasterCard (MA) indicates that GPN is more attractive to value investors due to its stronger earnings outlook and favorable valuation metrics [1][3]. Valuation Metrics - GPN has a forward P/E ratio of 9.14, significantly lower than MA's forward P/E of 32.08, suggesting GPN is undervalued [5]. - The PEG ratio for GPN is 0.65, while MA's PEG ratio is 1.79, indicating GPN's expected earnings growth is more favorable relative to its price [5]. - GPN's P/B ratio stands at 1.19, compared to MA's P/B of 58.25, further highlighting GPN's relative undervaluation [6]. Analyst Outlook - GPN holds a Zacks Rank of 2 (Buy), reflecting a more positive earnings estimate revision activity compared to MA's Zacks Rank of 3 (Hold) [3][6]. - The Value grade for GPN is A, while MA has a Value grade of D, reinforcing GPN's position as the superior value option [6].

The Zacks Consensus Estimate for GPN's 2024 earnings is pegged at $11.63 per share, suggesting 11.6% growth from the 2023 figure. The consensus mark for revenues is $9.2 billion, which indicates a rise of 6.4% from the 2023 figure. Earnings Surprise History Global Payments Inc. (GPN) benefits from solid segmental contribution, improving margins, higher transaction volumes, acquisitions and collaborations coupled with a strong financial position. Zacks Rank & Price Rally Global Payments currently carries a Z ...

Core Insights - Zacks Premium offers various tools to help investors make informed decisions and invest confidently in the stock market [1][2] Zacks Style Scores - The Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks likely to outperform the market in the next 30 days [3][4] - Each stock is rated from A to F, with A indicating the highest potential for outperformance [4] Value Score - The Value Style Score focuses on identifying undervalued stocks using metrics like P/E, PEG, Price/Sales, and Price/Cash Flow [4] Growth Score - The Growth Style Score assesses a company's financial strength and future outlook based on projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Style Score identifies optimal times to invest based on price trends and earnings estimate changes [6] VGM Score - The VGM Score combines the three Style Scores to highlight stocks with attractive value, strong growth forecasts, and promising momentum [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to help investors build successful portfolios [8] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] Stock to Watch: Global Payments (GPN) - Global Payments is a payment technology services company with a 2 (Buy) Zacks Rank and a VGM Score of B [12][13] - The company has a Value Style Score of A, supported by a forward P/E ratio of 9.4, making it attractive to value investors [13] - Recent upward revisions in earnings estimates indicate positive momentum, with the Zacks Consensus Estimate for fiscal 2024 increasing by $0.01 to $11.63 per share [13][14]

Have you assessed how the international operations of Global Payments (GPN) performed in the quarter ended March 2024? For this electronics payment processing company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has ...

Global Payments Inc. (GPN) reported first-quarter 2024 adjusted earnings per share (EPS) of $2.59, which beat the Zacks Consensus Estimate by 7.5%. The bottom line rose 21.6% year over year.Adjusted net revenues improved 6.6% year over year to $2.18 billion. The top line surpassed the consensus mark of $2.17 billion.The quarterly results were aided by growth in transaction volumes and core issuer growth in the Issuer Solutions segment. A decline in expenses also favored the first-quarter results. However, t ...

Financial Data and Key Metrics Changes - The company reported adjusted net revenue of $2.18 billion for Q1 2024, reflecting a 7% increase from the same period in the prior year [48] - Adjusted earnings per share reached $2.59, an increase of 8% compared to the same period in 2023 [11] - Adjusted operating margin for the quarter increased by 40 basis points to 43.5%, with an 80 basis point increase when excluding the impact of acquisitions and dispositions [11] Business Line Data and Key Metrics Changes - The merchant solutions business experienced solid organic growth, driven by differentiated capabilities across partnered ISV, vertical markets, and point-of-sale businesses [4] - The issuer solutions business produced adjusted net revenue of $516 million, reflecting a growth of 5% [26] - The adjusted operating margin for the issuer solutions segment increased to 46.8%, up 290 basis points compared to the prior year [13] Market Data and Key Metrics Changes - The company saw a nearly 50% increase in new Heartland POS customers leveraging customer engagement and loyalty solutions compared to the prior year [5] - In the UK, the company successfully leveraged its strong payment proposition to sell software solutions, particularly in higher education [8] - The company signed several large new customers in Mexico, including leading insurance and retail companies, indicating strong demand in the region [22] Company Strategy and Development Direction - The company is focused on advancing its software-centric strategy and simplifying its business to support sustainable long-term growth [54] - There is a commitment to enhancing software solutions by embedding payments to drive incremental growth and differentiation [6] - The company aims to capitalize on the growing demand for embedded payments globally, particularly in markets where such solutions are still developing [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business's positioning for the year, expecting adjusted net revenue to range from $9.17 billion to $9.30 billion, reflecting growth of 6% to 7% over 2023 [28] - The company anticipates a foreign currency headwind of approximately $20 million in Q2, which may impact the second half of the year [28] - Management noted that the competitive landscape is more constructive than in previous years, with ongoing strength in the consumer market [62] Other Important Information - The company invested $145 million in capital expenditures during the quarter, with expectations for capital spending to be around $670 million for 2024 [27] - The integration of EVO Payments is progressing well, with expectations to achieve $135 million in annual run rate expense synergies within two years [12] Q&A Session Summary Question: Can you provide more color on the growth areas in the merchant business? - Management highlighted strong growth in the ISV space and emphasized the importance of partner growth and lead conversion [38] Question: What are the margin dynamics in the merchant business? - Management indicated that overall volume growth aligns with revenue growth, and they expect to see margin improvements as they execute on synergies from the EVO transaction [36][66] Question: How is the company addressing the competitive landscape? - Management noted that they are seeing good demand for embedded payments and are focused on driving growth through technology enablement [42][62] Question: What is the outlook for the issuer solutions segment? - Management expressed optimism about the issuer business, highlighting successful contract executions and a strong implementation pipeline [70][78] Question: How are the investments in EVO's technology impacting margins? - Management stated that investments are necessary to enhance technology reliability and stability, which will support margin improvements in the future [124][126]

Global Payments (GPN) reported $2.18 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 6.6%. EPS of $2.59 for the same period compares to $2.40 a year ago.The reported revenue represents a surprise of +0.71% over the Zacks Consensus Estimate of $2.17 billion. With the consensus EPS estimate being $2.57, the EPS surprise was +0.78%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 For the transition period from to Commission file number: 001-16111 GLOBAL PAYMENTS INC. (Exact name of registrant as specified in charter) Georgia 58-2567903 (State or other jurisdi ...

COPYRIGHT GLOBAL PAYMENTS 2024 ALL RIGHTS RESERVED globalpavments 1Q 2024 Earnings globalpayments Innovation that delivers. This presentation contains certain forward-looking statements within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections about the industry and markets in which we operate, and beliefs of and assumptions made by our management, involve ri ...