Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $133.54 in the prior trading day, Discover Financial Services (NYSE: DFS) closed at $127.00, down -4.90%. In other words, the price has decreased by -$4.90 from its previous closing price. On the day, 0.9 million shares were traded. DFS stock price reached its highest trading level at $133.5 during the session, while it also had its lowest trading level at $130.38.
Ratios:
Our goal is to gain a better understanding of DFS by taking a closer 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 33094105088 and an Enterprise Value of 40620109824. As of this moment, Discover’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.50, and their Forward P/E ratio for the next fiscal year is 9.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 4.097.
Stock Price History:
The Beta on a monthly basis for DFS is 1.43, which has changed by 0.14199245 over the last 52 weeks, in comparison to a change of 0.25510752 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 1.50%, while the 200-Day Moving Average is calculated to be 15.99%.
Shares Statistics:
The stock has traded on average 1.30M shares per day over the past 3-months and 1586100 shares per day over the last 10 days, according to various share statistics. 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 85.45% stake in the company. Shares short for DFS as of 1718323200 were 2313810 with a Short Ratio of 1.78, 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
In the trailing 12 months, DFS’s forward annual dividend rate was 2.8, compared to 2.80 this year. Against a Trailing Annual Dividend Yield of 0.0209675The stock’s 5-year Average Dividend Yield is 2.29.
Earnings Estimates
The current assessment of Discover Financial Services (DFS) involves the perspectives of 17.0 analysts closely monitoring its market dynamics.On average, analysts expect EPS of $3.01 for the current quarter, with a high estimate of $3.63 and a low estimate of $2.41, while EPS last year was $3.54. The consensus estimate for the next quarter is $2.94, with high estimates of $3.52 and low estimates of $1.79.
Analysts are recommending an EPS of between $11.24 and $8.78 for the fiscal current year, implying an average EPS of $9.97. EPS for the following year is $12.96, with 20.0 analysts recommending between $14.75 and $9.75.
Revenue Estimates
14 analysts predict $4.18B in revenue for the current quarter. It ranges from a high estimate of $4.27B to a low estimate of $4.12B. As of the current estimate, Discover Financial Services’s year-ago sales were $3.88BFor the next quarter, 14 analysts are estimating revenue of $4.3B. There is a high estimate of $5.27B for the next quarter, whereas the lowest estimate is $4.16B.
A total of 17 analysts have provided revenue estimates for DFS’s current fiscal year. The highest revenue estimate was $17.72B, while the lowest revenue estimate was $15.85B, resulting in an average revenue estimate of $16.85B. In the same quarter a year ago, actual revenue was $15.86BBased on 17 analysts’ estimates, the company’s revenue will be $16.62B in the next fiscal year. The high estimate is $17.48B and the low estimate is $15.51B.
