23-Apr-2024
Barclays Sticks to Their Buy Rating for Visa (V)
TipRanks (Wed, 24-Apr 4:45 AM ET)
Visa (V) Receives a Buy from KBW
TipRanks (Wed, 24-Apr 1:26 AM ET)
V Earnings: Visa Rises after Solid Q2 Results
TipRanks (Tue, 23-Apr 4:43 PM ET)
Visa in charts: FQ2 service revenues rise 7%, while data processing revenues gain 12%
Seeking Alpha News (Tue, 23-Apr 4:37 PM ET)
Visa stock rises as Q2 earnings beat reflects 'stable' consumer spending
Seeking Alpha News (Tue, 23-Apr 4:30 PM ET)
Visa stock rises after Q2 earnings beat amid 'stable' consumer spending
Seeking Alpha News (Tue, 23-Apr 4:30 PM ET)
Seeking Alpha News (Tue, 23-Apr 4:15 PM ET)
Visa Non-GAAP EPS of $2.51 beats by $0.08, revenue of $8.8B beats by $180M
Seeking Alpha News (Tue, 23-Apr 4:07 PM ET)
Visa Fiscal Second Quarter 2024 Financial Results
Business Wire (Tue, 23-Apr 4:05 PM ET)
Nasdaq, S&P, Dow advance as investors await more earnings
Seeking Alpha News (Tue, 23-Apr 9:30 AM ET)
Visa is the largest payment processor in the world. In fiscal 2022, it processed over $14 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Visa trades on the NYSE stock market under the symbol V.
As of April 23, 2024, V stock price climbed to $274.11 with 5,612,759 million shares trading.
V has a beta of 0.74, meaning it tends to be less sensitive to market movements. V has a correlation of 0.45 to the broad based SPY ETF.
V has a market cap of $555.24 billion. This is considered a Mega Cap stock.
Last quarter Visa reported $9 billion in Revenue and $2.41 earnings per share. This beat revenue expectation by $94 million and exceeded earnings estimates by $.07.
In the last 3 years, V stock traded as high as $290.96 and as low as $174.60.
The top ETF exchange traded funds that V belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.
V has underperformed the market in the last year with a return of +17.9%, while the SPY ETF gained +24.3%. In the last 3 month period, V fell short of the market, returning +1.3%, while SPY returned +4.9%. However, in the most recent 2 weeks V has outperformed the stock market by returning -1.3%, while SPY returned -2.5%.
V support price is $269.62 and resistance is $275.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that V stock will trade within this expected range on the day.