Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $81.95 on Global Payments Inc. (NYSE:GPN) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.47 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Global Payments Inc. (NYSE:GPN) stands at 36.49.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Global Payments Inc. Common Sto, the PEG ratio for coming 3-5 years is 0.90.
The technical analysis highlights that Global Payments Inc. Common Sto current is trading $-0.42 points away or -0.57% from its 50-day moving average of $74.85. Further it is trading $4.65 or +6.67% away its 200-day moving average of $69.78.
The 52-week high of Global Payments Inc. (NYSE:GPN) was $79.93 while lowest point recorded in 52-week was $50.69. It implies if stock price makes a movement of over $-5.50, it will record a new 52-week high. In the case of +46.82% drop, it will touch a new 52-week low.
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