The closing price of Visa Inc (NYSE: V) was $278.26 for the day, down -0.77% from the previous closing price of $280.43. In other words, the price has decreased by -$2.17 from its previous closing price. On the day, 5621264 shares were traded. V stock price reached its highest trading level at $281.17 during the session, while it also had its lowest trading level at $276.16.
Ratios:
Our analysis of V’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on January 18, 2024, Reiterated its Neutral rating but revised its target price to $265 from $243 previously.
On January 18, 2024, Citigroup reiterated its Buy rating and also lowered its target price recommendation from $296 to $306.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 01 ’24 when MCINERNEY RYAN sold 8,150 shares for $283.20 per share. The transaction valued at 2,308,080 led to the insider holds 538 shares of the business.
ANDRESKI PETER M sold 2,615 shares of V for $729,282 on Feb 07 ’24. The GBL CORP CONTROLLER, CAO now owns 4,898 shares after completing the transaction at $278.88 per share. On Feb 01 ’24, another insider, MCINERNEY RYAN, who serves as the Chief Executive Officer of the company, sold 8,150 shares for $273.39 each. As a result, the insider received 2,228,128 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, V now has a Market Capitalization of 571.56B and an Enterprise Value of 573.67B. As of this moment, Visa’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.53, and their Forward P/E ratio for the next fiscal year is 24.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.76 while its Price-to-Book (P/B) ratio in mrq is 14.65. Its current Enterprise Value per Revenue stands at 17.20 whereas that against EBITDA is 24.15.
Stock Price History:
Over the past 52 weeks, V has reached a high of $286.13, while it has fallen to a 52-week low of $208.76. The 50-Day Moving Average of the stock is 272.12, while the 200-Day Moving Average is calculated to be 247.79.
Shares Statistics:
V traded an average of 5.50M shares per day over the past three months and 4.98M shares per day over the past ten days. A total of 1.59B shares are outstanding, with a floating share count of 1.58B. Insiders hold about 21.50% of the company’s shares, while institutions hold 77.64% stake in the company. Shares short for V as of Feb 15, 2024 were 34.18M with a Short Ratio of 6.22, compared to 30.47M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.69% and a Short% of Float of 2.16%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.94, V has a forward annual dividend rate of 1.94. Against a Trailing Annual Dividend Yield of 0.69%, it implies a Forward Annual Dividend Yield of 0.75%. The stock’s 5-year Average Dividend Yield is 0.64. The current Payout Ratio is 22.09% for V, which recently paid a dividend on Mar 01, 2024 with an ex-dividend date of Feb 08, 2024. Stock splits for the company last occurred on Mar 19, 2015 when the company split stock in a 4:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 27 analysts. On average, analysts expect EPS of $2.44 for the current quarter, with a high estimate of $2.49 and a low estimate of $2.22, while EPS last year was $2.09. The consensus estimate for the next quarter is $2.46, with high estimates of $2.52 and low estimates of $2.28.
Analysts are recommending an EPS of between $10.06 and $9.36 for the fiscal current year, implying an average EPS of $9.92. EPS for the following year is $11.16, with 35 analysts recommending between $11.59 and $9.72.
Revenue Estimates
A total of 35 analysts have provided revenue estimates for V’s current fiscal year. The highest revenue estimate was $36.33B, while the lowest revenue estimate was $34.33B, resulting in an average revenue estimate of $35.86B. In the same quarter a year ago, actual revenue was $29.78B, up 20.40% from the average estimate. Based on 35 analysts’ estimates, the company’s revenue will be $39.59B in the next fiscal year. The high estimate is $40.6B and the low estimate is $34.29B. The average revenue growth estimate for next year is up 10.40% from the average revenue estimate for this year.
