15 out of 23 financial stocks deliver EPS wins, amid stable consumer demand - Earnings Scorecard
Seeking Alpha News (Fri, 26-Apr 2:32 PM ET)
Seeking Alpha News (Fri, 26-Apr 2:04 PM ET)
Analysts Offer Insights on Financial Companies: Visa (V) and Simmons 1st Nat’l (SFNC)
TipRanks (Fri, 26-Apr 2:53 AM ET)
Visa’s Hold Rating: Balancing Solid F2Q Performance with Cautious Revenue Outlook
TipRanks (Fri, 26-Apr 2:15 AM ET)
Visa Joins AWS Partner Network to Help Simplify Global Digital Payments
Business Wire (Thu, 25-Apr 8:00 AM ET)
Visa (V) Receives a Buy from Bernstein
TipRanks (Thu, 25-Apr 3:45 AM ET)
Regulators extend public comment period for Capital One's $35B Discover deal
Seeking Alpha News (Wed, 24-Apr 3:10 PM ET)
Seaport Global Reaffirms Their Hold Rating on Visa (V)
TipRanks (Wed, 24-Apr 9:25 AM ET)
Visa’s Growth Prospects Remain Strong Despite Market Challenges: A Buy Rating Justified
TipRanks (Wed, 24-Apr 7:55 AM ET)
Oppenheimer Reaffirms Their Buy Rating on Visa (V)
TipRanks (Wed, 24-Apr 7:46 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 26, 2024, V stock price declined to $274.52 with 6,505,387 million shares trading.
V has a beta of 0.73, 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 $552.75 billion. This is considered a Mega Cap stock.
Last quarter Visa reported $9 billion in Revenue and $2.51 earnings per share. This beat revenue expectation by $155 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 +20.4%, while the SPY ETF gained +26.8%. In the last 3 month period, V fell short of the market, returning +0.9%, while SPY returned +4.5%. However, in the most recent 2 weeks V has outperformed the stock market by returning -0.4%, while SPY returned -1.9%.
V support price is $272.30 and resistance is $278.02 (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.