Spotting A Winner: Visa Inc (NYSE: V) Retreats -0.36 And It Still Have Room To Run

Visa Inc (NYSE:V) currently has a daily average trading volume of 7.66M but it saw 5248032 shares traded in last market. With a market cap of 560.68B USD, the company’s current market price of $283.76 came falling about -0.36 while comparing to the previous closing price of $284.79. In past 52 weeks, the stock remained buoying in the range of price level as high as $293.07 and as low as $228.03. In the recent trading on the day, stock has struck highest price mark of $283.53 while lowest mark touched by it was $286.055.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Oppenheimer which resumed the stock as “Outperform” in its note to investors issued on October 01, 2024, recommending a price target of between $289 and $318 for it. Exane BNP Paribas issued its recommendations for the stock as it upgraded the price target for the stock is $325.

Over the week, V’s stock price is moving -1.31% down while it is 4.03% when we observe its performance for the past one month. Year-to-date it is 8.99% up and over the past year, the stock is showing an upside performance of 22.56%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 2.13 beat the consensus estimate of 2.05 for the same. The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 2.58 while estimate for next year EPS is 9.92. In next quarter, company is expected to be making quarterly sales of $9.5B as analysts are expecting the sales for current fiscal year at $35.89B and seeing the company making $39.42B in sales next year. Moreover, analysts are in estimates of $9.49B for current-quarter revenue.

Currently, Visa Inc’s total number of outstanding shares is 1.98B. Company’s return on investment (ROI) stands at 31.19% and return on equity (ROE) at 47.82%. It has a price to earnings ratio (P/E ratio) of 30.83 while having a 25.61 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 14.70 while price to sale or P/S ratio amounts to 16.06. Its return on asset (ROA) is 20.88% on average.