A share price of Visa Inc [V] is currently trading at $286.41, up 0.45%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The V shares have gain 2.93% over the last week, with a monthly amount glided 3.84%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Visa Inc [NYSE: V] stock has seen the most recent analyst activity on January 18, 2024, when Mizuho reiterated its Neutral rating and also boosted its price target to $265 from $243. Previously, Citigroup reaffirmed its Buy rating on January 18, 2024, and elevated its price target to $306. On December 20, 2023, Monness Crespi & Hardt initiated with a Neutral rating. UBS initiated its recommendation with a Buy and recommended $295 as its price target on October 20, 2023. HSBC Securities started tracking with a Hold rating for this stock on October 13, 2023, and assigned it a price target of $266. In a note dated October 12, 2023, Seaport Research Partners initiated an Neutral rating.
Visa Inc experienced fluctuations in its stock price throughout the past year between $208.76 and $286.13. Currently, Wall Street analysts expect the stock to reach $268.33 within the next 12 months. Visa Inc [NYSE: V] shares were valued at $286.41 at the most recent close of the market. An investor can expect a potential drop of -6.31% based on the average V price forecast.
Analyzing the V fundamentals
Trailing Twelve Months sales for Visa Inc [NYSE:V] were 33.35B which represents 8.80% growth. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.66%, Pretax Profit Margin comes in at 0.66%, and Net Profit Margin reading is 0.54%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.46 and Total Capital is 0.32. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 284.29 points at the first support level, and at 282.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 288.78, and for the 2nd resistance point, it is at 291.16.
Visa Inc [V] reported earnings per share of $2.41 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.34/share, meaning a difference of $0.07 and a surprise factor of 3.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.13 per share as compared to estimates of $2.05 per share, a difference of $0.08 representing a surprise of 3.90%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Visa Inc [NYSE:V] is 1.45. As well, the Quick Ratio is 1.45, while the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 17.25, the price to book ratio is 15.08 and price to earnings (TTM) ratio is 33.49.
Transactions by insiders
Recent insider trading involved MCINERNEY RYAN, Chief Executive Officer, that happened on Mar 01 ’24 when 8150.0 shares were sold. GBL CORP CONTROLLER, CAO, ANDRESKI PETER M completed a deal on Feb 07 ’24 to sell 2615.0 shares. Meanwhile, Chief Executive Officer MCINERNEY RYAN sold 8150.0 shares on Feb 01 ’24.
