Global Payments Inc
GPN: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$418.00 | Dpvycr | Tkmfksrg |
Global Payments Earnings: Solid Growth and Margin Improvement
Global Payments’ fourth-quarter results largely showed the company maintaining recent trends. In the quarter, overall revenue increased 8% year over year. We think the company’s ability to continue to deliver solid top-line growth and margin expansion supports our view that it can retain its competitive position within the evolving payments space. We will maintain our $179 fair value estimate for the narrow-moat firm and see shares as undervalued at the moment.