Better Times Ahead For Visa Inc (NYSE: V)?

Visa Inc (V) concluded trading on Tuesday at a closing price of $316.04, with 3.95 million shares of worth about $1.25 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.82% during that period and on December 31, 2024 the price saw a gain of about 0.23%. Currently the company’s common shares owned by public are about 1.73B shares, out of which, 1.72B shares are available for trading.

Stock saw a price change of -0.37% in past 5 days and over the past one month there was a price change of 0.30%. Year-to-date (YTD), V shares are showing a performance of 21.39% which increased to 21.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $252.70 but also hit the highest price of $321.61 during that period. The average intraday trading volume for Visa Inc shares is 5.93 million. The stock is currently trading 0.46% above its 20-day simple moving average (SMA20), while that difference is up 3.11% for SMA50 and it goes to 12.13% higher than SMA200.

Visa Inc (NYSE: V) currently have 1.73B outstanding shares and institutions hold larger chunk of about 79.02% of that.

The stock has a current market capitalization of $621.20B and its 3Y-monthly beta is at 0.96. PE ratio of stock for trailing 12 months is 32.94, while it has posted earnings per share of $9.59 in the same period. Its PEG reads 2.53 and has Quick Ratio of 1.28 while making debt-to-equity ratio of 0.55. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for V, volatility over the week remained 1.05% while standing at 1.42% over the month.

Stock’s fiscal year EPS is expected to rise by 11.40% while it is estimated to increase by 13.06% in next year. EPS is likely to shrink at an annualized rate of 13.00% for next 5-years, compared to annual growth of 13.34% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on October 01, 2024 offering an Outperform rating for the stock and assigned a target price range of between $289 and $318 to it. Coverage by Compass Point stated Visa Inc (V) stock as a Buy in their note to investors on September 04, 2024, suggesting a price target of $319 for the stock. On September 03, 2024, Exane BNP Paribas Upgrade their recommendations, while on July 10, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $297. Stock get a Buy rating from TD Cowen on April 11, 2024.

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