Global Payments CEO Says Payroll Sale Enhances Value, Amplifies Core Investments
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 28 2025
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Source: Benzinga
Global Payments Inc. Sells Payroll Business: Global Payments is selling its Payroll division, Heartland Payroll Solutions, to Acrisure for $1.1 billion as part of a strategy to streamline operations and focus on commerce solutions for merchants.
Future Plans and Financial Performance: The company plans to use the proceeds from the sale to enhance shareholder value and has reported strong first-quarter revenue of $2.205 billion, exceeding estimates.
Analyst Views on BPAY
Wall Street analysts forecast BPAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BPAY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 26.809
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
