Global Payments Up 78% YTD: Will Momentum Continue In 2020?
Zacks Investment Research | Dec 22, 2019 09:19PM ET
Global Payments Inc. (NYSE:GPN) has been in investors’ good books, owing to its consistently strong operating performance, solid business fundamentals and growing market share in the payments services industry. Its solid capital position is another positive.
The Zacks Consensus Estimate for the company’s earnings has been revised 1.1% and 4.6% upward over the past 60 days for 2020 and 2021.
Out of the 15 analysts tracking the stock, 13 made an upward revision to the earnings estimates for 2019 and 2020.
Shares of this Zacks Rank #2 (Buy) stock have gained 77.9% compared with its Zacks Investment Research
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