New Lifetime High Reached: Global Payments (GPN)

Trade-Ideas LLC identified Global Payments (GPN) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Global Payments

(

GPN

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Global Payments as such a stock due to the following factors:

  • GPN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $78.7 million.
  • GPN has traded 96,254 shares today.
  • GPN is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in GPN with the Ticky from Trade-Ideas. See the FREE profile for GPN NOW at Trade-Ideas

More details on GPN:

Global Payments Inc. provides payment solutions for credit cards, debit cards, electronic payments, and check-related services. It operates in two segments, North America Merchant Services and International Merchant Services. The stock currently has a dividend yield of 0.1%. GPN has a PE ratio of 32. Currently there are 8 analysts that rate Global Payments a buy, 1 analyst rates it a sell, and 12 rate it a hold.

The average volume for Global Payments has been 1.4 million shares per day over the past 30 days. Global Payments has a market cap of $9.0 billion and is part of the services sector and diversified services industry. The stock has a beta of 1.06 and a short float of 3% with 3.40 days to cover. Shares are up 71.3% year-to-date as of the close of trading on Monday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Global Payments as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:

  • The revenue growth greatly exceeded the industry average of 27.0%. Since the same quarter one year prior, revenues slightly increased by 6.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 63.51% over the past year, a rise that has exceeded that of the S&P 500 Index. Turning to the future, naturally, any stock can fall in a major bear market. However, in almost any other environment, the stock should continue to move higher despite the fact that it has already enjoyed nice gains in the past year.
  • GLOBAL PAYMENTS INC has improved earnings per share by 20.0% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, GLOBAL PAYMENTS INC increased its bottom line by earning $2.06 versus $1.69 in the prior year. This year, the market expects an improvement in earnings ($2.96 versus $2.06).
  • Net operating cash flow has significantly increased by 908.83% to $513.39 million when compared to the same quarter last year. In addition, GLOBAL PAYMENTS INC has also vastly surpassed the industry average cash flow growth rate of -11.39%.
  • The gross profit margin for GLOBAL PAYMENTS INC is rather high; currently it is at 68.49%. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 11.57% trails the industry average.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Loading ...