On Sep 26, major Wall Street analysts update their ratings for $Global Payments (GPN.US)$, with price targets ranging from $130 to $156.
Morgan Stanley analyst James Faucette maintains with a buy rating, and adjusts the target price from $164 to $156.
Goldman Sachs analyst Will Nance maintains with a buy rating, and adjusts the target price from $138 to $132.
Citi analyst Ashwin Shirvaikar maintains with a buy rating, and adjusts the target price from $145 to $142.
Jefferies analyst Trevor Williams maintains with a buy rating, and maintains the target price at $130.
Furthermore, according to the comprehensive report, the opinions of $Global Payments (GPN.US)$'s main analysts recently are as follows:
Analysts have expressed some disappointment following Global Payments' Investor Day, which did not significantly clarify market confusions, likely leaving investors seeking further transparency on the company's business segments and the quality of its earnings. Despite this, analysts maintain a positive outlook on the company, citing what they consider an attractive valuation and robust fundamentals. They suggest that it may require a period of sustained outperformance for the company's stock to advance.
Global Payments experienced volatility surrounding its Investor Day, where management's guidance for 2025 fell short of expectations, and a lack of reiteration for its 2024 outlook hinted at a potential slowdown in the latter half of the year. While the company's focus on capital management, including increased buybacks and gains from dispositions, was a highlight of the event, the reduced free cash flow conversion was seen as a minor drawback.
The perception of Global Payments' Investor Day message shifted when it was understood that carrying out the outlined strategy would result in a transition year in FY25 with growth not meeting market expectations. Despite this, the renewed strategy of the company presents several positive elements and is seen as an appealing relative value proposition.
The analyst noted that after attending Global Payments' 2024 investor day, the company announced a significant operational transformation initiative, provided detailed insights into the financial profiles of its Merchant Solutions subsegments, and presented guidance and a mid-term model outlook for FY25. Although the preliminary guidance for FY25 suggests a 'transition year' with the reallocation of resources within Merchant Solutions to support the ongoing operational changes, the analyst found the prospects for FY26/2027 within the mid-term outlook, as well as the updated approach to capital allocation, to be promising.
The absence of clear guidance on the company's ability to hasten growth by fiscal 2026 positions the stock in an uncertain zone for the coming quarters. Global Payments' initial fiscal 2025 projections fell short of market expectations, yet the company did offer a medium-term forecast that anticipates faster growth in both revenue and earnings.
Here are the latest investment ratings and price targets for $Global Payments (GPN.US)$ from 4 analysts:
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美東時間9月26日，多家華爾街大行更新了$環匯有限公司 (GPN.US)$的評級，目標價介於130美元至156美元。
摩根士丹利分析師James Faucette維持買入評級，並將目標價從164美元下調至156美元。
高盛集團分析師Will Nance維持買入評級，並將目標價從138美元下調至132美元。
花旗分析師Ashwin Shirvaikar維持買入評級，並將目標價從145美元下調至142美元。
富瑞集團分析師Trevor Williams維持買入評級，維持目標價130美元。
此外，綜合報道，$環匯有限公司 (GPN.US)$近期主要分析師觀點如下：
在Global Payments的投資者日之後，分析師表示了一些失望，該日並未顯著澄清市場的混亂，這可能會讓投資者尋求公司業務領域及其收益質量的進一步透明度。儘管如此，分析師仍對該公司保持樂觀的前景，理由是他們認爲估值誘人，基本面強勁。他們認爲，公司的股票可能需要一段時間的持續跑贏大盤才能上漲。
全球支付在投資者日前後經歷了波動，管理層對2025年的指導低於預期，而且沒有重申其2024年展望，這表明下半年可能出現放緩。儘管該公司對資本管理的關注，包括增加回購和處置收益，是此次活動的亮點，但自由現金流轉換率的減少被視爲一個小缺點。
當人們了解到執行概述的戰略將導致25財年的過渡年，增長無法達到市場預期時，人們對Global Payments投資者日信息的看法發生了變化。儘管如此，公司新的戰略還是呈現出一些積極的因素，被視爲一種有吸引力的相對價值主張。
該分析師指出，在參加Global Payments的2024年投資者日之後，該公司宣佈了一項重大的運營轉型計劃，提供了對其商戶解決方案子細分市場的財務狀況的詳細見解，並提出了25財年的指導和中期模型展望。儘管25財年的初步指導意見表明 「過渡年」，在Merchant Solutions內部重新分配資源以支持持續的運營變革，但該分析師發現，中期展望內26/2027財年的前景以及更新的資本配置方法都令人鼓舞。
由於缺乏關於該公司在2026財年之前加快增長的能力的明確指導，該股在未來幾個季度處於不確定區域。Global Payments對2025財年的初步預測未達到市場預期，但該公司確實提供了中期預測，預計收入和收益將加快增長。
以下爲今日4位分析師對$環匯有限公司 (GPN.US)$的最新投資評級及目標價：
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