Visa Inc. (NYSE: V) has a higher price-to-earnings ratio of 30.39x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.96. Analysts have mixed views on the stock, with 27 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 1 as “sell.”
The average price point forecasted by analysts for Visa Inc. (V) is $264.62, which is $44.03 above the current market price. The public float for V is 1.61B, and currently, short sellers hold a 2.01% ratio of that float. The average trading volume of V on March 17, 2023 was 5.62M shares.
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V) stock’s latest price update
Visa Inc. (NYSE: V)’s stock price has increased by 0.50 compared to its previous closing price of 216.37. Despite this, the company has experienced a -1.16% fall in its stock price over the last five trading sessions.
V’s Market Performance
Visa Inc. (V) has seen a -1.16% fall in stock performance for the week, with a -5.21% decline in the past month and a 2.07% surge in the past quarter. The volatility ratio for the week is 2.34%, and the volatility levels for the past 30 days are at 1.59% for V. The simple moving average for the last 20 days is -1.58% for V stock, with a simple moving average of 4.71% for the last 200 days.
Analysts’ Opinion of V
Many brokerage firms have already submitted their reports for V stocks, with KeyBanc Capital Markets repeating the rating for V by listing it as a “Overweight.” The predicted price for V in the upcoming period, according to KeyBanc Capital Markets is $210 based on the research report published on January 09th of the current year 2023.
Deutsche Bank gave a rating of “Buy” to V, setting the target price at $260 in the report published on October 13th of the previous year.
V Trading at -2.47% from the 50-Day Moving Average
After a stumble in the market that brought V to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.19% of loss for the given period.
Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 2.34%, as shares sank -5.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.85% upper at present.
During the last 5 trading sessions, V fell by -1.16%, which changed the moving average for the period of 200-days by +2.15% in comparison to the 20-day moving average, which settled at $220.37. In addition, Visa Inc. saw 4.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at V starting from KELLY ALFRED F JR, who sale 58,000 shares at the price of $223.99 back on Mar 06. After this action, KELLY ALFRED F JR now owns 162,354 shares of Visa Inc., valued at $12,991,281 using the latest closing price.
ROTTENBERG JULIE B, the GENERAL COUNSEL of Visa Inc., sale 13,394 shares at $219.00 during a trade that took place back on Feb 24, which means that ROTTENBERG JULIE B is holding 4,583 shares at $2,933,286 based on the most recent closing price.
Stock Fundamentals for V
Current profitability levels for the company are sitting at:
- +67.38 for the present operating margin
- +77.50 for the gross margin
The net margin for Visa Inc. stands at +49.91. Equity return is now at value 44.40, with 17.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.
Conclusion
To put it simply, Visa Inc. (V) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
