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Discover Financial Services (NYSE: DFS) closed the day trading at $128.86 down -0.02% from the previous closing price of $128.89. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 1.17 million shares were traded. DFS stock price reached its highest trading level at $130.76 during the session, while it also had its lowest trading level at $128.09.
Ratios:
For a better understanding of DFS, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.30.
On February 08, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $105 to $133.
HSBC Securities Downgraded its Buy to Hold on January 19, 2024, whereas the target price for the stock was revised from $121 to $107.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 26 ’24 when Greene John sold 35,191 shares for $106.51 per share. The transaction valued at 3,748,193 led to the insider holds 18,592 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DFS now has a Market Capitalization of 32292188160 and an Enterprise Value of 39818190848. As of this moment, Discover’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.71, and their Forward P/E ratio for the next fiscal year is 9.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 4.016.
Stock Price History:
The Beta on a monthly basis for DFS is 1.43, which has changed by 0.078416586 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, DFS has reached a high of $133.78, while it has fallen to a 52-week low of $79.04. The 50-Day Moving Average of the stock is 2.90%, while the 200-Day Moving Average is calculated to be 17.25%.
Shares Statistics:
Over the past 3-months, DFS traded about 1.30M shares per day on average, while over the past 10 days, DFS traded about 1572190 shares per day. A total of 250.10M shares are outstanding, with a floating share count of 249.30M. Insiders hold about 0.52% of the company’s shares, while institutions hold 85.42% stake in the company. Shares short for DFS as of 1718323200 were 2313810 with a Short Ratio of 1.77, compared to 1715731200 on 2005915. Therefore, it implies a Short% of Shares Outstanding of 2313810 and a Short% of Float of 1.06.
Dividends & Splits
DFS’s forward annual dividend rate is 2.80, up from 2.8 a year ago. Against a Trailing Annual Dividend Yield of 0.02172395The stock’s 5-year Average Dividend Yield is 2.29.
