Visa Inc (NYSE: V)’s stock price has increased by 0.22 compared to its previous closing price of 277.14. However, the company has seen a -0.19% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-08 that Visa (V) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock’s prospects.
Is It Worth Investing in Visa Inc (NYSE: V) Right Now?
Visa Inc (NYSE: V) has a price-to-earnings ratio that is above its average at 32.47x. The stock has a 36-month beta value of 0.95. Opinions on the stock are mixed, with 22 analysts rating it as a “buy,” 13 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for V is 1.58B, and at present, short sellers hold a 2.15% of that float. On April 09, 2024, the average trading volume of V was 5.68M shares.
V’s Market Performance
The stock of Visa Inc (V) has seen a -0.19% decrease in the past week, with a -0.18% drop in the past month, and a 6.96% gain in the past quarter. The volatility ratio for the week is 1.28%, and the volatility levels for the past 30 days are at 1.31% for V. The simple moving average for the past 20 days is -1.49% for V’s stock, with a 9.49% simple moving average for the past 200 days.
Analysts’ Opinion of V
Many brokerage firms have already submitted their reports for V stocks, with Redburn Atlantic repeating the rating for V by listing it as a “Neutral.” The predicted price for V in the upcoming period, according to Redburn Atlantic is $307 based on the research report published on March 27, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see V reach a price target of $265, previously predicting the price at $243. The rating they have provided for V stocks is “Neutral” according to the report published on January 18th, 2024.
Citigroup gave a rating of “Buy” to V, setting the target price at $306 in the report published on January 18th of the current year.
V Trading at -0.70% 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 -4.54% of loss for the given period.
Volatility was left at 1.31%, however, over the last 30 days, the volatility rate increased by 1.28%, as shares sank -0.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.89% upper at present.
During the last 5 trading sessions, V fell by -0.19%, which changed the moving average for the period of 200-days by +22.23% in comparison to the 20-day moving average, which settled at $281.84. In addition, Visa Inc saw 6.69% 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 MCINERNEY RYAN, who sale 8,200 shares at the price of $280.36 back on Apr 01 ’24. After this action, MCINERNEY RYAN now owns 538 shares of Visa Inc, valued at $2,298,952 using the latest closing price.
MCINERNEY RYAN, the Chief Executive Officer of Visa Inc, sale 8,150 shares at $283.20 during a trade that took place back on Mar 01 ’24, which means that MCINERNEY RYAN is holding 538 shares at $2,308,080 based on the most recent closing price.
Stock Fundamentals for V
Current profitability levels for the company are sitting at:
- 0.66 for the present operating margin
- 0.8 for the gross margin
The net margin for Visa Inc stands at 0.54. The total capital return value is set at 0.32. Equity return is now at value 46.18, with 20.02 for asset returns.
Based on Visa Inc (V), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.98. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 66.66.
Currently, EBITDA for the company is 21.34 billion with net debt to EBITDA at 0.31. When we switch over and look at the enterprise to sales, we see a ratio of 16.95. The receivables turnover for the company is 6.63for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.
Conclusion
To sum up, Visa Inc (V) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
