Why Should You Put Visa Inc (NYSE: V) On Your Portfolio?

Currently, there are 1.59B common shares owned by the public and among those 1.58B shares have been available to trade.

The company’s stock has a 5-day price change of -0.99% and 6.95% over the past three months. V shares are trading 6.95% year to date (YTD), with the 12-month market performance up to 25.22% higher. It has a 12-month low price of $216.14 and touched a high of $290.96 over the same period. V has an average intraday trading volume of 5.64 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.46%, -0.31%, and 10.20% respectively.

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Institutional ownership of Visa Inc (NYSE: V) shares accounts for 77.64% of the company’s 1.59B shares outstanding.

It has a market capitalization of $559.38B and a beta (3y monthly) value of 0.95. The stock’s trailing 12-month PE ratio is 32.55, while the earnings-per-share (ttm) stands at $8.55. The company has a PEG of 2.45 and a Quick Ratio of 1.45 with the debt-to-equity ratio at 0.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.38% over the week and 1.32% over the month.

Analysts forecast that Visa Inc (V) will achieve an EPS of $2.43 for the current quarter, $2.46 for the next quarter and $11.15 for 2025. The lowest estimate earnings-per-share for the quarter is $2.22 while analysts give the company a high EPS estimate of $2.49. Comparatively, EPS for the current quarter was $2.09 a year ago. Earnings per share for the fiscal year are expected to increase by 13.09%, and 12.37% over the next financial year. EPS should shrink at an annualized rate of 13.29% over the next five years, compared to 13.80% over the past 5-year period.

Looking at the support for the V, a number of firms have released research notes about the stock. Redburn Atlantic stated their Neutral rating for the stock in a research note on March 27, 2024, with the firm’s price target at $307. Mizuho coverage for the Visa Inc (V) stock in a research note released on January 18, 2024 offered a Neutral rating with a price target of $265. BMO Capital Markets on their part issued Outperform rating on December 05, 2023.

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