In the last trading session, 6.37 million shares of the Visa Inc (NYSE:V) were traded, and its beta was 0.95. Most recently the company’s share price was $274.11, and it changed around $1.78 or 0.65% from the last close, which brings the market valuation of the company to $550.68B. V currently trades at a discount to its 52-week high of $290.96, offering almost -6.15% off that amount. The share price’s 52-week low was $216.14, which indicates that the current value has risen by an impressive 21.15% since then. We note from Visa Inc’s average daily trading volume that its 3-month average coming to 5.99 million.
Visa Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.55. If we narrow it down even further, the data shows that 0 out of 39 analysts rate the stock as a Sell; another 13 rate it as Overweight. Among the rest, 4 recommended V as a Hold, whereas 22 deemed it a Buy, and 0 rated it as Underweight. Visa Inc is expected to report earnings per share of $2.29 for the current quarter.
Visa Inc (NYSE:V) trade information
Instantly V has showed a green trend with a performance of 0.65% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 5.29% year-to-date, but still up 1.02% over the last five days. On the other hand, Visa Inc (NYSE:V) is -3.23% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $270.37, which translates to bulls needing to decrease their stock price by -1.38% from its current value. Analyst projections state that V is forecast to be at a low of $204 and a high of $320.
Visa Inc (V) estimates and forecasts
Visa Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 17.45 percent over the past six months and at a 12.66% annual growth rate that is well below the industry average of 14.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 9.60% in revenue this quarter, and will report an increase of 6.90% in the next quarter. The year-over-year growth rate is expected to be 12.80%, up from the previous year.
Consensus estimates provided by 25 financial analysts predict the company will bring in an average of $8.09 billion in revenue for the current quarter. 24 analysts expect Visa Inc to make $8.43 billion in revenue for the quarter ending Jun 2024.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.80%. Visa Inc earnings are expected to increase by 13.20% in 2024, but the outlook is positive 13.29% per year for the next five years.
V Dividends
Visa Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 0.71 percent and its annual dividend per share was 1.94. It is important to note, however, that the 0.71% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
