Discover Financial Services (DFS) concluded trading on Wednesday at a closing price of $182.55, with 8.22 million shares of worth about $1.5 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 47.73% during that period and on November 06, 2024 the price saw a gain of about 20.22%. Currently the company’s common shares owned by public are about 250.10M shares, out of which, 249.78M shares are available for trading.
Stock saw a price change of 18.16% in past 5 days and over the past one month there was a price change of 28.47%. Year-to-date (YTD), DFS shares are showing a performance of 62.41% which increased to 110.99% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $82.15 but also hit the highest price of $157.06 during that period. The average intraday trading volume for Discover Financial Services shares is 1.25 million. The stock is currently trading 21.73% above its 20-day simple moving average (SMA20), while that difference is up 28.42% for SMA50 and it goes to 41.38% higher than SMA200.
Discover Financial Services (NYSE: DFS) currently have 250.10M outstanding shares and institutions hold larger chunk of about 85.38% of that.
The stock has a current market capitalization of $45.83B and its 3Y-monthly beta is at 1.40. PE ratio of stock for trailing 12 months is 14.73, while it has posted earnings per share of $12.39 in the same period. It has a debt-to-equity ratio of 1.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DFS, volatility over the week remained 4.06% while standing at 3.02% over the month.
Stock’s fiscal year EPS is expected to rise by 24.06% while it is estimated to decrease by -8.37% in next year.
Coverage by Morgan Stanley stated Discover Financial Services (DFS) stock as an Overweight in their note to investors on February 08, 2024, suggesting a price target of $133 for the stock. On January 19, 2024, HSBC Securities Downgrade their recommendations, while on January 10, 2024, Deutsche Bank Initiated their ratings for the stock with a price target of $140. Stock get an Overweight rating from Piper Sandler on January 03, 2024.
