V Stock Summary and Trading Ideas (Visa | NYSE:V)

Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 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 November 1, 2024, V stock price climbed to $290.74 with 4,259,639 million shares trading.

V has a beta of 0.54, meaning it tends to be less sensitive to market movements. V has a correlation of 0.18 to the broad based SPY ETF.

V has a market cap of $564.53 billion. This is considered a Mega Cap stock.

Last quarter Visa reported $10 billion in Revenue and $2.71 earnings per share. This beat revenue expectation by $127 million and exceeded earnings estimates by $.13.

In the last 3 years, V traded as high as $296.34 and as low as $174.60.

The top ETF exchange traded funds that V belongs to (by Net Assets): RAYD, VTI, VOO, SPY, IVV.

V has underperformed the market in the last year with a return of +22.7%, while SPY returned +36.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in V shares. However, V has outperformed the market in the last 3 month and 2 week periods, returning +9.5% and 0.0%, while SPY returned +5.5% and -2.3%, respectively. This indicates V has been having a stronger performance recently.

V support price is $286.71 and resistance is $292.99 (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 shares will trade within this expected range on the day.