Compass Point slashes price target on Visa Inc [V] – find out why.

Visa Inc [NYSE: V] stock went on a downward path that fall over -0.08% on Monday, amounting to a one-week price decrease of less than -4.74%.

Over the last 12 months, V stock rose by 18.69%. The one-year Visa Inc stock forecast points to a potential upside of 10.81. The average equity rating for V stock is currently 1.61, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $543.28 billion, with 1.98 billion shares outstanding and 1.67 billion shares in the current float. Compared to the average trading volume of 8.26M shares, V stock reached a trading volume of 5942977 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $308.29 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 1.61. 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.

Compass Point have made an estimate for Visa Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 04, 2024. The new note on the price target was released on September 03, 2024, representing the official price target for Visa Inc stock. Previously, the target price had yet another drop from $305 to $297, while BofA Securities kept a Neutral rating on V stock.

The Average True Range (ATR) for Visa Inc is set at 5.03, with the Price to Sales ratio for V stock in the period of the last 12 months amounting to 15.56. The Price to Book ratio for the last quarter was 14.24, with the Price to Cash per share for the same quarter was set at 9.87. Price to Free Cash Flow for V in the course of the last twelve months was 28.65 with Quick ratio for the last quarter at 1.37.

V Stock Performance Analysis:

Visa Inc [V] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.74. With this latest performance, V shares gained by 0.23% in over the last four-week period, additionally sinking by -1.20% over the last 6 months – not to mention a rise of 18.69% 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 46.53, with the RSI for the last a single of trading hit 42.60, and the three-weeks RSI is set at 48.98 for Visa Inc [V]. The present Moving Average for the last 50 days of trading for this stock 271.28, while it was recorded at 272.84 for the last single week of trading, and 272.62 for the last 200 days.

Insight into Visa Inc Fundamentals:

Visa Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.37 and a Current Ratio set at 1.37.

V Stock EPS

With the latest financial reports released by the company, Visa Inc posted 2.13/share EPS, while the average EPS was predicted by analysts to be reported at 2.05/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.08. 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 12.59%.

Visa Inc [V] Institutonal Ownership Details

There are presently around $92.90%, or 93.46%% of V stock, in the hands of institutional investors. The top three institutional holders of V stocks are: VANGUARD GROUP INC with ownership of 143.08 million shares, which is approximately 7.2707%. BLACKROCK INC., holding 127.55 million shares of the stock with an approximate value of $$33.48 billion in V stocks shares; and BLACKROCK INC., currently with $$19.23 billion in V stock with ownership which is approximately 3.7238%.

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