Global Payments | GPN | Long at $110.67

Global Payments GPN

Pros:

• 4.6 million companies use the payment service, operate in over 100 countries, and execute over 50 billion transactions per year
  
• Has aggressively repurchased shares and plans to return $7.5 billion to shareholders over the next three years
  
• Revenue rise from $4.9 billion in fiscal year 2019 to $10 billion in Q3 of 2024 (increasing every year)
  
• EPS anticipated to grow to $16.40 by 2027 (2023 it was $10.41)
  
• Has a dividend (0.9%)
  
• Debt to equity = 0.77x (low)
  
• Price is within my selected historical moving average area (often leading to a rise) and overall downward trend may be reversing or flattening
  

Cons:

• Large insider selling, but only a little buying in comparison
  
• Price gap near $95 may get closed prior to a move up
  
• Unstable dividend
  

While the price may dip in the near-term, GPN is in a personal buy zone at $110.67.

Targets:

1. $122.00
   
2. $130.00
   
3. $155.00
   
4. $210.00 (very long-term outlook)