Visa Inc. [NYSE: V] gained 0.90% or 1.78 points to close at $200.42 with a heavy trading volume of 4093912 shares. The company report on August 24, 2022 that Visa Inc. to Participate in Upcoming Investor Conference.
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Visa Inc. (NYSE: V) today updated its participation in the following investor conference.
On Wednesday, August 31, Vasant Prabhu, Vice Chair, Chief Financial Officer, will present virtually at the Deutsche Bank Technology Conference. The discussion will begin at 8:15 a.m. Pacific Time and last for approximately 35 minutes.
It opened the trading session at $198.71, the shares rose to $201.135 and dropped to $197.22, the range by which the price of stock traded the whole day. The daily chart for V points out that the company has recorded 4.54% gains over the past six months. However, it is still -7.8% lower than its most recent low trading price.
If we look at the average trading volume of 5.92M shares, V reached to a volume of 4093912 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Visa Inc. [V]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for V shares is $261.34 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on V stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Daiwa Securities have made an estimate for Visa Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 16, 2022. While these analysts kept the previous recommendation, Goldman raised their target price to Buy. The new note on the price target was released on May 18, 2022, representing the official price target for Visa Inc. stock. Previously, the target price had yet another drop from $283 to $239, while Piper Sandler kept a Neutral rating on V stock. On April 27, 2022, analysts increased their price target for V shares from 304 to 310.
The Average True Range (ATR) for Visa Inc. is set at 4.41, with the Price to Sales ratio for V stock in the period of the last 12 months amounting to 14.94. The Price to Book ratio for the last quarter was 12.77, with the Price to Cash per share for the same quarter was set at 8.29. Price to Free Cash Flow for V in the course of the last twelve months was 32.39 with Quick ratio for the last quarter at 1.40.
Trading performance analysis for V stock
Visa Inc. [V] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.48. With this latest performance, V shares dropped by -6.05% in over the last four-week period, additionally plugging by 4.54% over the last 6 months – not to mention a drop of -11.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for V stock in for the last two-week period is set at 40.33, with the RSI for the last a single of trading hit 38.36, and the three-weeks RSI is set at 42.91 for Visa Inc. [V]. The present Moving Average for the last 50 days of trading for this stock 207.61, while it was recorded at 199.13 for the last single week of trading, and 210.15 for the last 200 days.
Visa Inc. [V]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Visa Inc. [V] shares currently have an operating margin of +65.66 and a Gross Margin at +76.05. Visa Inc.’s Net Margin is presently recorded at +49.82.
Return on Total Capital for V is now 26.37, given the latest momentum, and Return on Invested Capital for the company is 20.74. Return on Equity for this stock inclined to 32.54, with Return on Assets sitting at 14.66. When it comes to the capital structure of this company, Visa Inc. [V] has a Total Debt to Total Equity ratio set at 57.46. Additionally, V Total Debt to Total Capital is recorded at 36.49, with Total Debt to Total Assets ending up at 26.05. Long-Term Debt to Equity for the company is recorded at 59.34, with the Long-Term Debt to Total Capital now at 34.60.
Reflecting on the efficiency of the workforce at the company, Visa Inc. [V] managed to generate an average of $558,512 per employee. Receivables Turnover for the company is 7.11 with a Total Asset Turnover recorded at a value of 0.29.Visa Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.40.
Visa Inc. [V]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for V. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Visa Inc. go to 19.20%.
An analysis of insider ownership at Visa Inc. [V]
There are presently around $312,223 million, or 97.80% of V stock, in the hands of institutional investors. The top three institutional holders of V stocks are: VANGUARD GROUP INC with ownership of 144,324,365, which is approximately 0.551% of the company’s market cap and around 0.16% of the total institutional ownership; BLACKROCK INC., holding 124,167,901 shares of the stock with an approximate value of $24.89 billion in V stocks shares; and STATE STREET CORP, currently with $14.18 billion in V stock with ownership of nearly -3.31% of the company’s market capitalization.
Positions in Visa Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 1,527 institutional holders increased their position in Visa Inc. [NYSE:V] by around 64,502,299 shares. Additionally, 1,514 investors decreased positions by around 57,374,503 shares, while 370 investors held positions by with 1,435,965,856 shares. The mentioned changes placed institutional holdings at 1,557,842,658 shares, according to the latest SEC report filing. V stock had 136 new institutional investments in for a total of 6,677,748 shares, while 151 institutional investors sold positions of 7,215,974 shares during the same period.