Discover Financial Services [NYSE: DFS] gained 20.22% on the last trading session, reaching $182.55 price per share at the time.
If compared to the average trading volume of 1.25M shares, DFS reached a trading volume of 8217785 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Discover Financial Services [DFS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DFS shares is $158.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DFS stock is a recommendation set at 2.44. 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.
BTIG Research have made an estimate for Discover Financial Services shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 07, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $105 to $133. The new note on the price target was released on February 08, 2024, representing the official price target for Discover Financial Services stock. Previously, the target price had yet another drop from $121 to $107, while HSBC Securities kept a Hold rating on DFS stock.
The Average True Range (ATR) for Discover Financial Services is set at 6.89, with the Price to Sales ratio for DFS stock in the period of the last 12 months amounting to 1.98. The Price to Book ratio for the last quarter was 2.65. Price to Free Cash Flow for DFS in the course of the last twelve months was 4.87.
Trading performance analysis for DFS stock
Discover Financial Services [DFS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.16. With this latest performance, DFS shares gained by 28.47% in over the last four-week period, additionally plugging by 47.73% over the last 6 months – not to mention a rise of 110.99% 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 DFS stock in for the last two-week period is set at 77.78, with the RSI for the last a single of trading hit 82.11, and the three-weeks RSI is set at 74.21 for Discover Financial Services [DFS]. The present Moving Average for the last 50 days of trading for this stock 142.15, while it was recorded at 156.65 for the last single week of trading, and 129.12 for the last 200 days.
Discover Financial Services [DFS]: A deeper dive into fundamental analysis
Discover Financial Services’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.27.
An analysis of Institutional ownership at Discover Financial Services [DFS]
There are presently around $86.34%, or 86.84%% of DFS stock, in the hands of institutional investors. The top three institutional holders of DFS stocks are: VANGUARD GROUP INC with ownership of 30.5 million shares, which is approximately 12.2001%. CAPITAL WORLD INVESTORS, holding 20.26 million shares of the stock with an approximate value of $$2.65 billion in DFS stocks shares; and CAPITAL WORLD INVESTORS, currently with $$2.53 billion in DFS stock with ownership which is approximately 7.748%.
