Last $87.46 USD
Change Today +0.07 / 0.08%
Volume 158.2K
GPN On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 11:40 AM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

global payments inc (GPN) Snapshot

Open
$87.31
Previous Close
$87.39
Day High
$87.77
Day Low
$86.84
52 Week High
01/26/15 - $88.87
52 Week Low
02/3/14 - $63.14
Market Cap
5.9B
Average Volume 10 Days
742.1K
EPS TTM
$3.66
Shares Outstanding
67.1M
EX-Date
02/11/15
P/E TM
23.9x
Dividend
$0.08
Dividend Yield
0.09%
Current Stock Chart for GLOBAL PAYMENTS INC (GPN)

global payments inc (GPN) Related Businessweek News

No Related Businessweek News Found

global payments inc (GPN) Details

Global Payments Inc. provides electronic payments transaction processing services. The company operates in two segments, North America Merchant Services and International Merchant Services. It offers processing solutions for credit cards, debit cards, electronic payments, and check-related services. The company’s services include terminal sales and deployment, authorization processing, settlement and funding processing, customer support and help-desk functions, chargeback resolution, industry compliance, payment card industry security, consolidated billing and statements, and online reporting. It also offers VIP LightSpeed proprietary software that allows access to cash with high limits for customers of casinos in the U.S. and Canada. The company offers credit and debit card transaction processing services for various international card brands, including American Express, China UnionPay, Discover, JCB, MasterCard, and Visa, as well as for certain domestic debit networks, such as Interac in Canada. It serves various industries, including financial institutions, gaming, government, health care, professional services, restaurants, retail, universities, nonprofit organizations, and utilities. The company markets its products and services through direct sales force, trade associations, integrated payment technology, agent and enterprise software providers, VAR referral arrangements, and independent sales organizations, as well as proprietary telesales groups primarily in North America, Europe, the Asia-Pacific region, and Brazil. Global Payments Inc. was founded in 1967 and is headquartered in Atlanta, Georgia.

4,135 Employees
Last Reported Date: 07/29/14
Founded in 1967

global payments inc (GPN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.1M
President and Chief Operating Officer
Total Annual Compensation: $845.0K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $350.2K
Chief Human Resources Officer and Executive V...
Total Annual Compensation: $315.0K
Compensation as of Fiscal Year 2014.

global payments inc (GPN) Key Developments

Global Payments Inc. Launches EdgeShield

Global Payments Inc. announced the launch of EdgeShield, an advanced security services bundle designed to protect credit card data, prevent counterfeit fraud and enhance payment processing security. EdgeShield, through a unique collection of complementary solutions, delivers a more secure payments platform while preparing point-of-sale developers and merchants for the upcoming EMV mandates. Delivered through the OpenEdge integrated payments division of Global Payments, EdgeShield is a collection of security-related components designed to eliminate existing vulnerabilities within the payments chain. When integrated into systems that accept payments, the bundle is intended to protect credit card data while at rest and in transit. EdgeShield includes: EMV. This fraud-reduction technology seeks to protect card issuers, merchants and consumers from losses due to the use of counterfeit and stolen payment cards at the point-of-sale. EMV Smart Cards are embedded with a chip that interacts with a merchant’s point-of-sale device, helping to ensure the card is valid and belongs to the user. This chip technology is virtually impossible to duplicate. The technology also assists in insulating developers from complex device driving and card brand certifications. P2P Encryption. OpenEdge’s proprietary encryption is designed to render cardholder data virtually unreadable, encrypted at the device. Merchants are unable to view card numbers after the swipe or hand-key. Token Vault. Cardholder data is replaced by digital ‘tokens’ based on this technology. Sensitive data is stored in the more secure OpenEdge vault rather than in the merchant environment. PCI 3.0. Payment applications are rendered out-of-scope with EdgeShield, eliminating cumbersome PCI validation requirements.

Global Payments Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter Ended November 30, 2014; Revised Earnings Guidance for Fiscal 2015; Announces Dividend for the Second Quarter Ended November 30, 2014, Payable on February 27, 2015

Global Payments Inc. announced unaudited consolidated financial results for the second quarter ended November 30, 2014. Revenues grew 10% to $697.3 million, compared to $634.1 million in the second quarter of fiscal 2014. Cash diluted earnings per share grew 19% to $1.27, compared to $1.07 in the second quarter of fiscal 2014. GAAP diluted earnings per share were $1.10, compared to $1.02 in the second quarter of fiscal 2014. Operating income was $123,984,000 against $111,907,000 for the same period of last year. Income before income taxes was $114,916,000 against $109,170,000 for the same period of last year. Net income attributable to the company was $74,781,000 against $73,897,000 for the same period of last year. Capital expenditures totaled $15 million for the quarter. For the six months, revenues were $1,402,186,000 against $1,263,807,000 for the same period of last year. Operating income was $248,382,000 against $219,291,000 for the same period of last year. Income before income taxes was $229,496,000 against $212,013,000 for the same period of last year. Net income attributable to the company was $150,147,000 against $138,540,000 for the same period of last year. Earnings per diluted share were $2.20 against $1.88 for the same period of last year. Net cash provided by operating activities was $226,936,000 against $411,683,000 for the same period of last year. Capital expenditures were $33,290,000 against $41,178,000 for the same period of last year. The company is raising its annual fiscal 2015 revenue outlook to $2.75 billion to $2.80 billion, or 8% to 10% growth. In addition, Global Payments is increasing its outlook for annual fiscal 2015 diluted earnings per share on a cash basis to a range of $4.75 to $4.83, reflecting growth of 15% to 17% over fiscal 2014, and annual fiscal 2015 GAAP diluted earnings per share is expected to be in the range of $3.99 to $4.07. The company also now expects annual fiscal 2015 core cash operating margins to expand by as much as 50 basis points. The company’s Board of Directors approved a fiscal 2015 second quarter dividend of $0.02 per share payable on February 27, 2015 to shareholders of record as of February 13, 2015.

Global Payments and Bank of the Philippine Islands Form Strategic Joint Venture

Global Payments Inc. and Bank of the Philippine Islands announced an agreement to form a joint venture to provide merchant acquiring and payment services in the Philippines. Global Payments will contribute its Philippines merchant acquiring assets and cash to the joint venture to secure a majority interest in the partnership. BPI will contribute its existing merchant acquiring business to the joint venture and hold a 49% interest. The transaction is expected to close late third quarter or early fourth quarter of fiscal 2015, subject to receipt of regulatory approvals and satisfaction of customary closing conditions.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GPN:US $87.46 USD +0.07

GPN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Broadridge Financial Solutions Inc $48.09 USD +0.29
DST Systems Inc $94.36 USD +0.05
Ingenico €93.00 EUR +0.91
Total System Services Inc $36.34 USD -0.08
Vantiv Inc $34.60 USD -0.50
View Industry Companies
 

Industry Analysis

GPN

Industry Average

Valuation GPN Industry Range
Price/Earnings 23.8x
Price/Sales 2.2x
Price/Book 6.5x
Price/Cash Flow 22.8x
TEV/Sales 1.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GLOBAL PAYMENTS INC, please visit www.globalpaymentsinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.