As of Thursday close, Visa Inc.’s (NYSE:V) stock was down -$1.92, moving down -0.80 percent to $237.37. The average number of shares traded per day over the past five days has been 3,824,840 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.79 fall in that time frame. In the last twenty days, the average volume was 5,106,475, while in the previous 50 days, it was 6,084,860.
Since last month, V stock retreated -1.68%. Shares of the company fell to $227.68 on 07/26/23, the lowest level in the past month. A 52-week high of $245.37 was reached on 07/17/23 after having rallying from a 52-week low of $174.60. Since the beginning of this year, V’s stock price has risen by 14.25% or $29.61, and marked a new high 23 times. However, the stock has declined by -3.26% since its 52-week high.
V stock investors should be aware that Visa Inc. (V) stock had its last reported insider trading activity 17 days ago on Aug 01. MCINERNEY RYAN, the Chief Executive Officer of the company, disposed of 8,150 shares for $240.00 on Aug 01. It resulted in a $1,956,000 divestment by the insider. Taneja Rajat sold 22,700 shares at an average price of $240.21 on Jul 11. The insider now owns 232,112 shares following the transaction. On Jul 11, Chief Executive Officer MCINERNEY RYAN sold 425 shares at $240.00 apiece. The transaction was valued at $102,000.
Valuation Metrics
Right now, Visa Inc. (V) has a P/E ratio of about 30.11. The stock’s beta is 0.95. Besides these, the trailing price-to-sales (P/S) ratio of 15.19, the price-to-book (PB) ratio of 13.04, and the price-to-cash flow ratio of 25.91 may also be considered.
The latest dividend of $0.45 per share was paid out, remained unchanged from last year’s $0.45. On Thursday January 26 2023, a $0.0550 dividend increase was announced.
Financial Health
In the three months ended June 29, Visa Inc.’s quick ratio stood at 1.50, while its current ratio was 1.50, 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 June 29 was 0.55, and the total debt-to-equity ratio was 0.55. On the profitability front, the trailing twelve-month gross margin is 79.90% percent. In the year ended June 29, EBITDA margin amounted to 70.32%, whereas operating margins totaled 64.50%. 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 45.70%.
In Visa Inc.’s quarter-end financial report for June 29, it reported total debt of $20.56 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 11.81% to $7.99 billion during the quarter, while net income inched up to $8.12 billion. While analysts expected Visa Inc. to report $2.12 quarterly earnings, the actual figure was $2.16 per share, beating the consensus estimate by 1.90%. During the quarter, the company generated $5.26 billion in EBITDA. The liabilities of Visa Inc. were 50.25 billion at the end of its most recent quarter ended June 29, and its total debt was $20.56 billion. The value of shareholders’ equity is $1.86 billion.
Technical Picture
This quick technical analysis looks at Visa Inc.’s (V) price momentum. With a historical volatility rate of 12.61%, the RSI 9-day stood at 42.57% on 17 August.
With respect to its five-day moving average, the current Visa Inc. price is down by -1.16% percent or -$2.79. At present, V shares trade -0.94% below its 20-day simple moving average and +7.39% percent above its 100-day simple moving average. However, the stock is currently trading approximately +4.01% above its SMA50 and +13.39% above its SMA200.
Stochastic coefficient K was 47.14% and Stochastic coefficient D was 64.89%, while ATR was 3.70. Given the Stochastic reading of 24.41% for the 14-day period, the RSI (14) reading has been calculated as 47.32%. As of today, the MACD Oscillator reading stands at -1.19, while the 14-day reading stands at -0.67.
Analyst Ratings
Jefferies 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 $280, representing a possible 12.09% increase in the stock price. Visa Inc. (V) has been rated Buy by analysts. According to 0 brokerage firms, V is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 6 analysts rate Visa Inc. stock as buy, with 28 recommending it as overweight.
With a median target price of $277.50, the current consensus forecast for the stock is $220.00 – $336.00. Based on these forecasts, analysts predict Visa Inc. (V) will achieve an average price target of $279.11.
