Discover Financial Services (NYSE: DFS) has a higher price-to-earnings ratio of 14.16x compared to its average ratio, The 36-month beta value for DFS is at 1.42. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 8 rating it as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for DFS is 248.76M, and currently, shorts hold a 1.11% of that float. The average trading volume for DFS on May 10, 2024 was 1.97M shares.
DFS) stock’s latest price update
Discover Financial Services (NYSE: DFS)’s stock price has increased by 0.38 compared to its previous closing price of 123.57. However, the company has seen a -0.38% decrease in its stock price over the last five trading sessions. InvestorPlace reported 2024-05-08 that With the equities sector generally flying higher, the concept of undervalued long-term stocks might seem a foreign one. Nevertheless, if you’re willing to step away from the spotlight, you can still find compelling deals.
DFS’s Market Performance
DFS’s stock has fallen by -0.38% in the past week, with a monthly rise of 0.61% and a quarterly rise of 13.97%. The volatility ratio for the week is 1.39% while the volatility levels for the last 30 days are 1.94% for Discover Financial Services The simple moving average for the last 20 days is -0.49% for DFS stock, with a simple moving average of 19.08% for the last 200 days.
Analysts’ Opinion of DFS
Many brokerage firms have already submitted their reports for DFS stocks, with Morgan Stanley repeating the rating for DFS by listing it as a “Overweight.” The predicted price for DFS in the upcoming period, according to Morgan Stanley is $133 based on the research report published on February 08, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see DFS reach a price target of $107, previously predicting the price at $121. The rating they have provided for DFS stocks is “Hold” according to the report published on January 19th, 2024.
Deutsche Bank gave a rating of “Hold” to DFS, setting the target price at $140 in the report published on January 10th of the current year.
DFS Trading at -0.25% 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 -5.78% of loss for the given period.
Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares surge +0.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.64% upper at present.
During the last 5 trading sessions, DFS fell by -0.38%, which changed the moving average for the period of 200-days by +14.89% in comparison to the 20-day moving average, which settled at $124.70. In addition, Discover Financial Services saw 10.36% 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 DFS starting from Greene John, who sale 35,191 shares at the price of $106.51 back on Jan 26 ’24. After this action, Greene John now owns 18,592 shares of Discover Financial Services, valued at $3,748,193 using the latest closing price.
Stock Fundamentals for DFS
Current profitability levels for the company are sitting at:
- 0.36 for the present operating margin
- 1.0 for the gross margin
The net margin for Discover Financial Services stands at 0.12. The total capital return value is set at 0.05. Equity return is now at value 15.59, with 1.58 for asset returns.
Based on Discover Financial Services (DFS), the company’s capital structure generated 0.58 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 1.39. The interest coverage ratio of the stock is 1.7.
Currently, EBITDA for the company is 168.0 million with net debt to EBITDA at 3.04. When we switch over and look at the enterprise to sales, we see a ratio of 1.96. The receivables turnover for the company is 0.16for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.89.
Conclusion
In conclusion, Discover Financial Services (DFS) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
