Discover Financial Services (NYSE:DFS) went up by 3.91% from its latest closing price compared to the recent 1-year high of $129.12. The company’s stock price has collected 2.88% of gains in the last five trading sessions. Barron’s reported on 01/19/23 that What Discover’s Earnings Report Says About Americans’ Financial Health
Is It Worth Investing in Discover Financial Services (NYSE :DFS) Right Now?
Discover Financial Services (NYSE:DFS) scored a price-to-earnings ratio above its average ratio, recording 7.12 x from its present earnings ratio. Plus, the 36-month beta value for DFS is at 1.42. Opinions of the stock are interesting as 11 analysts out of 23 who provided ratings for Discover Financial Services declared the stock was a “buy,” while 0 rated the stock as “overweight,” 11 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $115.17, which is $4.4 above the current price. DFS currently public float of 265.25M and currently shorts hold a 1.77% ratio of that float. Today, the average trading volume of DFS was 2.15M shares.
DFS’s Market Performance
DFS stocks went up by 2.88% for the week, with a monthly jump of 14.04% and a quarterly performance of 18.90%, while its annual performance rate touched -5.57%. The volatility ratio for the week stands at 4.61% while the volatility levels for the past 30 days are set at 2.80% for Discover Financial Services. The simple moving average for the period of the last 20 days is 8.87% for DFS stocks with a simple moving average of 7.20% for the last 200 days.
Analysts’ Opinion of DFS
Many brokerage firms have already submitted their reports for DFS stocks, with Barclays repeating the rating for DFS by listing it as a “Equal Weight.” The predicted price for DFS in the upcoming period, according to Barclays is $120 based on the research report published on January 06th of the current year 2023.
UBS gave a rating of “Neutral” to DFS, setting the target price at $120 in the report published on November 21st of the previous year.
DFS Trading at 6.77% from the 50-Day Moving Average
After a stumble in the market that brought DFS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.58% of loss for the given period.
Volatility was left at 2.80%, however, over the last 30 days, the volatility rate increased by 4.61%, as shares surge +12.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.62% upper at present.
During the last 5 trading sessions, DFS rose by +2.88%, which changed the moving average for the period of 200-days by -0.42% in comparison to the 20-day moving average, which settled at $101.92. In addition, Discover Financial Services saw 12.74% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DFS starting from Moskow Michael H, who sale 1,291 shares at the price of $105.10 back on Dec 07. After this action, Moskow Michael H now owns 51,596 shares of Discover Financial Services, valued at $135,684 using the latest closing price.
Kolsky Shifra, the SVP, Controller & CAO of Discover Financial Services, sale 800 shares at $127.00 during a trade that took place back on Feb 15, which means that Kolsky Shifra is holding 2,450 shares at $101,600 based on the most recent closing price.
Stock Fundamentals for DFS
Current profitability levels for the company are sitting at:
- +43.97 for the present operating margin
The net margin for Discover Financial Services stands at +28.16. Equity return is now at value 34.90, with 3.90 for asset returns.