Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Discover Financial Services (NYSE: DFS) closed the day trading at $159.63 up 2.12% from the previous closing price of $156.31. In other words, the price has increased by $2.12 from its previous closing price. On the day, 1.11 million shares were traded. DFS stock price reached its highest trading level at $161.5237 during the session, while it also had its lowest trading level at $155.54.
Ratios:
For a better understanding of DFS, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.56.
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on January 13, 2025, Upgraded its rating to Buy and sets its target price to $239 from $150 previously.
On January 06, 2025, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $137 to $186.
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 40163704832 and an Enterprise Value of 48998567936. As of this moment, Discover’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.25, and their Forward P/E ratio for the next fiscal year is 10.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 3.769.
Stock Price History:
The Beta on a monthly basis for DFS is 1.17, which has changed by 0.27347422 over the last 52 weeks, in comparison to a change of 0.0635103 over the same period for the S&P500. Over the past 52 weeks, DFS has reached a high of $205.76, while it has fallen to a 52-week low of $119.67. The 50-Day Moving Average of the stock is -8.13%, while the 200-Day Moving Average is calculated to be -0.32%.
Shares Statistics:
Over the past 3-months, DFS traded about 2.20M shares per day on average, while over the past 10 days, DFS traded about 1914370 shares per day. A total of 251.34M shares are outstanding, with a floating share count of 250.18M. Insiders hold about 0.57% of the company’s shares, while institutions hold 84.28% stake in the company. Shares short for DFS as of 1743379200 were 5040471 with a Short Ratio of 2.30, compared to 1740700800 on 5299422. Therefore, it implies a Short% of Shares Outstanding of 5040471 and a Short% of Float of 2.3.
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 0.017913122The stock’s 5-year Average Dividend Yield is 2.18.
