As of Wednesday close, Visa Inc.’s (NYSE:V) stock was up $1.4, moving up 0.67 percent to $211.73. The average number of shares traded per day over the past five days has been 6,589,180 shares. 2 times new highs have been achieved over the past 5 days, with a $1.59 gain in that time frame. In the last twenty days, the average volume was 7,390,905, while in the previous 50 days, it was 7,690,078.
Since last month, V stock rose 8.93%. Shares of the company fell to $189.10 on 10/24/22, the lowest level in the past month. A 52-week high of $235.85 was reached on 02/02/22 after having rallying from a 52-week low of $174.60. Since the beginning of this year, V’s stock price has dropped by -2.30% or -$4.98, and marked a new high 5 times. However, the stock has declined by -10.23% since its 52-week high.
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V stock investors should be aware that Visa Inc. (V) stock had its last reported insider trading activity 57 days ago on Sep 29. KELLY ALFRED F JR, the CHAIRMAN & CEO of the company, disposed of 6,000 shares for $180.00 on Sep 29. It resulted in a $1,080,000 divestment by the insider. KELLY ALFRED F JR sold 9,000 shares at an average price of $201.00 on Aug 31. The insider now owns 153,887 shares following the transaction. On Jul 29, CHAIRMAN & CEO KELLY ALFRED F JR sold 9,000 shares at $212.11 apiece. The transaction was valued at $1,908,990.
Right now, Visa Inc. (V) has a P/E ratio of about 30.24. The stock’s beta is 0.96. Besides these, the trailing price-to-sales (P/S) ratio of 14.96, the price-to-book (PB) ratio of 13.22, and the price-to-cash flow ratio of 29.87 may also be considered.
The latest dividend of $0.3950 per share was paid out, which is -12.22% less than last year’s $0.45. On Tuesday November 15 2022, a $0.0550 dividend decrease was announced.
In the three months ended September 29, Visa Inc.’s quick ratio stood at 1.40, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.61, and the total debt-to-equity ratio was 0.68. On the profitability front, the trailing twelve-month gross margin is 80.50% percent. In the year ended September 29, operating margins totaled 64.20%. Based on annual data, V earned $10.5 billion in gross profit and brought in $29.31 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 28.10%. Return on equity (ROE) for the past 12 months was 44.30%.
In Visa Inc.’s quarter-end financial report for September 29, it reported total debt of $20.55 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. V’s revenue rose 16.95% to $7.16 billion during the quarter, while net income inched up to $7.9 billion. While analysts expected Visa Inc. to report $1.86 quarterly earnings, the actual figure was $1.93 per share, beating the consensus estimate by 3.80%. During the quarter, the company generated $5.31 billion in EBITDA. The liabilities of Visa Inc. were 49.92 billion at the end of its most recent quarter ended September 29, and its total debt was $22.45 billion. The value of shareholders’ equity is $1.88 billion.
This quick technical analysis looks at Visa Inc.’s (V) price momentum. With a historical volatility rate of 17.44%, the RSI 9-day stood at 63.67% on 23 November.
With respect to its five-day moving average, the current Visa Inc. price is up by +0.76% percent or $1.59. At present, V shares trade +4.13% above its 20-day simple moving average and +5.58% percent above its 100-day simple moving average. However, the stock is currently trading approximately +6.18% above its SMA50 and -7.11% below its SMA200.
Stochastic coefficient K was 77.40% and Stochastic coefficient D was 76.97%, while ATR was 5.12. Given the Stochastic reading of 88.29% for the 14-day period, the RSI (14) reading has been calculated as 62.06%. As of today, the MACD Oscillator reading stands at 0.33, while the 14-day reading stands at 3.71.
Deutsche Bank reiterated its a Buy rating on Visa Inc. (NYSE: V) in a note to investors. The analysts firm has however raised their price target to $260, representing a possible 21.58% increase in the stock price.
With a median target price of $248.00, the current consensus forecast for the stock is $210.00 – $290.00. Based on these forecasts, analysts predict Visa Inc. (V) will achieve an average price target of $247.36.