Analysts predict Visa Inc (V) stock to reach $292.42 in the next 12 months

A share price of Visa Inc [V] is currently trading at $287.52, up 2.95%. An important factor to consider is whether the stock is rising or falling in short-term value. The V shares have gain 3.82% over the last week, with a monthly amount drifted -1.39%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Compass Point started tracking the stock with Buy rating on September 04, 2024, and set its price target to $319. On September 03, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $325 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $297 on July 10, 2024. TD Cowen initiated its recommendation with a Buy and recommended $320 as its price target on April 11, 2024. Redburn Atlantic downgraded its rating to Neutral for this stock on March 27, 2024, but kept the price target unchanged to $307. In a note dated January 18, 2024, Mizuho reiterated an Neutral rating on this stock and boosted its target price from $243 to $265.

Visa Inc experienced fluctuations in its stock price throughout the past year between $228.03 and $293.07. Currently, Wall Street analysts expect the stock to reach $292.42 within the next 12 months. Visa Inc [NYSE: V] shares were valued at $287.52 at the most recent close of the market. An investor can expect a potential return of 1.7% based on the average V price forecast.

Analyzing the V fundamentals

Trailing Twelve Months sales for Visa Inc [NYSE:V] were 34.92B which represents 9.57% growth. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.67%, Pretax Profit Margin comes in at 0.66%, and Net Profit Margin reading is 0.55%. To continue investigating profitability, this company’s Return on Assets is posted at 0.21, Equity is 0.48 and Total Capital is 0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.52.

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 281.38 points at the first support level, and at 275.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 290.63, and for the 2nd resistance point, it is at 293.74.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Visa Inc [NYSE:V] is 1.37. On the other hand, the Quick Ratio is 1.37, and the Cash Ratio is 0.57. Considering the valuation of this stock, the price to sales ratio is 16.27, the price to book ratio is 14.90 and price to earnings (TTM) ratio is 31.23.

Transactions by insiders

Recent insider trading involved MCINERNEY RYAN, Chief Executive Officer, that happened on Oct 01 ’24 when 8620.0 shares were sold. Officer, MCINERNEY RYAN completed a deal on Oct 01 ’24 to buy 8620.0 shares. Meanwhile, Chief Executive Officer MCINERNEY RYAN sold 8620.0 shares on Sep 03 ’24.

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