股票分析师为 Visa Inc. 提供了预测s 2023 年第二季度收益(纽约证券交易所:V)

股票分析师为 Visa Inc. 提供了预测s 2023 年第二季度收益(纽约证券交易所:V)
2023年01月30日 15:11 富途牛牛综合

Visa Inc. (NYSE:V – Get Rating) – Research analysts at Jefferies Financial Group raised their Q2 2023 EPS estimates for Visa in a research note issued on Friday, January 27th. Jefferies Financial Group analyst T. Williams now anticipates that the credit-card processor will post earnings per share of $1.98 for the quarter, up from their previous estimate of $1.97. Jefferies Financial Group currently has a "Buy" rating and a $260.00 price objective on the stock. The consensus estimate for Visa's current full-year earnings is $8.34 per share. Jefferies Financial Group also issued estimates for Visa's Q3 2023 earnings at $2.14 EPS, Q4 2023 earnings at $2.25 EPS, FY2023 earnings at $8.55 EPS and FY2024 earnings at $9.60 EPS.

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A number of other research analysts have also commented on V. UBS Group lowered their price objective on shares of Visa from $290.00 to $287.00 and set a "buy" rating on the stock in a research note on Thursday, December 15th. Credit Suisse Group lifted their price target on shares of Visa from $245.00 to $250.00 and gave the stock an "outperform" rating in a research report on Friday. Truist Financial lifted their price target on shares of Visa from $235.00 to $260.00 in a research report on Friday, January 20th. Raymond James lifted their price target on shares of Visa from $261.00 to $281.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Visa from $275.00 to $246.00 in a research report on Monday, October 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-one have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $258.19.

Visa Price Performance

NYSE V opened at $231.44 on Monday. Visa has a 12 month low of $174.60 and a 12 month high of $250.58. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.45 and a quick ratio of 1.45. The firm has a market capitalization of $435.91 billion, a PE ratio of 32.37, a P/E/G ratio of 1.86 and a beta of 0.95. The company's 50 day simple moving average is $213.91 and its 200 day simple moving average is $205.11.

Visa (NYSE:V – Get Rating) last posted its quarterly earnings data on Thursday, January 26th. The credit-card processor reported $2.18 EPS for the quarter, beating analysts' consensus estimates of $2.01 by $0.17. Visa had a net margin of 50.28% and a return on equity of 50.70%. The business had revenue of $7.90 billion for the quarter, compared to analyst estimates of $7.70 billion. During the same quarter last year, the business earned $1.81 earnings per share. The business's revenue for the quarter was up 11.9% on a year-over-year basis.

Visa declared that its Board of Directors has initiated a share buyback program on Tuesday, October 25th that authorizes the company to buyback $12.00 billion in outstanding shares. This buyback authorization authorizes the credit-card processor to repurchase up to 3.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

Visa Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Friday, February 10th will be issued a dividend of $0.45 per share. This is an increase from Visa's previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Thursday, February 9th. This represents a $1.80 annualized dividend and a dividend yield of 0.78%. Visa's payout ratio is presently 25.17%.

Insider Transactions at Visa

In other news, President Ryan Mcinerney sold 58,197 shares of the business's stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $62.47, for a total transaction of $3,635,566.59. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Rajat Taneja sold 25,627 shares of the company's stock in a transaction dated Friday, December 2nd. The shares were sold at an average price of $216.67, for a total value of $5,552,602.09. Following the sale, the insider now owns 232,112 shares of the company's stock, valued at $50,291,707.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Ryan Mcinerney sold 58,197 shares of the company's stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $62.47, for a total transaction of $3,635,566.59. The disclosure for this sale can be found here. Insiders own 0.22% of the company's stock.

Institutional Trading of Visa

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bishop Rock Capital L.P. lifted its position in shares of Visa by 20,610.1% during the second quarter. Bishop Rock Capital L.P. now owns 5,031,721 shares of the credit-card processor's stock worth $25,556,000 after purchasing an additional 5,007,425 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of Visa by 290.9% during the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 4,428,383 shares of the credit-card processor's stock worth $786,702,000 after purchasing an additional 3,295,642 shares in the last quarter. Cottage Street Advisors LLC lifted its position in shares of Visa by 15,603.1% during the fourth quarter. Cottage Street Advisors LLC now owns 3,156,323 shares of the credit-card processor's stock worth $998,000 after purchasing an additional 3,136,223 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Visa by 7.0% during the third quarter. Alliancebernstein L.P. now owns 27,141,800 shares of the credit-card processor's stock worth $4,821,741,000 after purchasing an additional 1,785,695 shares in the last quarter. Finally, Voya Investment Management LLC lifted its position in shares of Visa by 222.7% during the second quarter. Voya Investment Management LLC now owns 2,499,636 shares of the credit-card processor's stock worth $492,154,000 after purchasing an additional 1,724,984 shares in the last quarter. Institutional investors own 81.87% of the company's stock.

Visa Company Profile

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Visa, Inc engages in the provision of digital payment services. It also facilitates global commerce through the transfer of value and information among a global network of consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It offers debit cards, credit cards, prepaid products, commercial payment solutions, and global automated teller machines (ATMs).

Further Reading

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