Visa Inc. (NYSE:V) has been assigned a consensus advice of “Purchase” from the thirty-one analysis corporations which might be at present overlaying the stock, MarketBeat.com experiences. Six analysts have rated the stock with a maintain advice and twenty-four have given a purchase advice to the corporate. The common 1-year price goal amongst brokerages which have up to date their protection on the stock within the final yr is $216.96.
A number of equities analysts have commented on V shares. Wells Fargo & Firm raised their price goal on shares of Visa from $210.00 to $240.00 and gave the corporate an “obese” score in a analysis report on Thursday, November 19th. KeyCorp decreased their price goal on shares of Visa from $230.00 to $210.00 and set an “obese” score for the corporate in a analysis report on Monday, November 2nd. Mizuho reaffirmed a “purchase” score and set a $250.00 price goal on shares of Visa in a analysis report on Thursday, October eighth. Royal Bank of Canada reaffirmed a “purchase” score and set a $243.00 price goal on shares of Visa in a analysis report on Sunday, October 11th. Lastly, Wedbush reaffirmed a “purchase” score and set a $220.00 price goal on shares of Visa in a analysis report on Monday, October fifth.
Shares of V stock opened at $211.00 on Friday. The corporate has a fast ratio of 1.55, a present ratio of 1.55 and a debt-to-equity ratio of 0.59. Visa has a 52 week low of $133.93 and a 52 week excessive of $217.65. The stock has a market capitalization of $409.84 billion, a PE ratio of 40.19, a P/E/G ratio of two.59 and a beta of 0.91. The agency has a 50 day transferring common of $200.88 and a two-hundred day transferring common of $198.04.
Visa (NYSE:V) final issued its quarterly earnings outcomes on Wednesday, October 28th. The credit-card processor reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.09 by $0.03. Visa had a internet margin of 51.37% and a return on fairness of 40.65%. The corporate had income of $5.10 billion throughout the quarter, in comparison with analysts’ expectations of $5.03 billion. Analysts count on that Visa will submit 5.01 EPS for the present fiscal yr.
The agency additionally lately disclosed a quarterly dividend, which shall be paid on Tuesday, December 1st. Shareholders of file on Friday, November 13th shall be paid a $0.32 dividend. The ex-dividend date of this dividend is Thursday, November 12th. It is a optimistic change from Visa’s earlier quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized foundation and a yield of 0.61%. Visa’s payout ratio is at present 23.53%.
In different Visa information, CEO Alfred F. Kelly, Jr. bought 7,00Zero shares of Visa stock in a transaction on Wednesday, September 30th. The shares have been bought at a mean price of $200.82, for a complete value of $1,405,740.00. Following the transaction, the chief govt officer now straight owns 124,090 shares within the firm, valued at $24,919,753.80. The transaction was disclosed in a doc filed with the SEC, which is on the market on the SEC web site. Additionally, CEO Alfred F. Kelly, Jr. bought 9,00Zero shares of Visa stock in a transaction on Friday, October 30th. The shares have been bought at a mean price of $182.53, for a complete transaction of $1,642,770.00. Following the completion of the transaction, the chief govt officer now owns 120,090 shares within the firm, valued at $21,920,027.70. The disclosure for this sale could be discovered right here. Insiders personal 0.19% of the corporate’s stock.
Massive buyers have lately modified their holdings of the corporate. Newfound Analysis LLC bought a brand new stake in shares of Visa within the third quarter valued at about $31,000. Centerpoint Advisors LLC bought a brand new stake in shares of Visa within the second quarter valued at about $43,000. Model Asset Administration Group Inc. boosted its holdings in shares of Visa by 52.7% within the third quarter. Model Asset Administration Group Inc. now owns 258 shares of the credit-card processor’s stock valued at $52,00Zero after buying a further 89 shares within the final quarter. Catalyst Non-public Wealth LLC bought a brand new stake in shares of Visa within the third quarter valued at about $59,000. Lastly, TFC Monetary Administration bought a brand new stake in shares of Visa within the third quarter valued at about $65,000. 80.74% of the stock is at present owned by institutional buyers and hedge funds.
Visa Inc operates as a funds know-how firm worldwide. The corporate facilitates commerce by means of the switch of value and data amongst customers, retailers, monetary establishments, companies, strategic companions, and authorities entities. It operates VisaNet, a processing community that permits authorization, clearing, and settlement of cost transactions.
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