Discover Financial Services (DFS) Stock: Navigating the Market Volatility

The stock of Discover Financial Services (DFS) has seen a 5.04% increase in the past week, with a 20.39% gain in the past month, and a 31.91% flourish in the past quarter. The volatility ratio for the week is 2.00%, and the volatility levels for the past 30 days are at 2.80% for DFS. The simple moving average for the last 20 days is 5.62% for DFS stock, with a simple moving average of 35.05% for the last 200 days.

Is It Worth Investing in Discover Financial Services (NYSE: DFS) Right Now?

The price-to-earnings ratio for Discover Financial Services (NYSE: DFS) is above average at 14.64x, Company’s 36-month beta value is 1.44.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 8 as “overweight,” 12 as “hold,” and 1 as “sell.”

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The public float for DFS is 249.78M, and currently, short sellers hold a 1.34% ratio of that floaft. The average trading volume of DFS on November 27, 2024 was 1.57M shares.

DFS) stock’s latest price update

The stock of Discover Financial Services (NYSE: DFS) has decreased by -0.62 when compared to last closing price of 182.62. Despite this, the company has experienced a 5.04% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-11-25 that RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Financial Services (NYSE: DFS) (the “Company”) today announced, as required under the New York Stock Exchange (the “NYSE”) Listed Company Manual, that it received a notice (the “NYSE Notice”) from the NYSE on November 19, 2024 that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 with the U.

Analysts’ Opinion of DFS

Morgan Stanley, on the other hand, stated in their research note that they expect to see DFS reach a price target of $133, previously predicting the price at $105. The rating they have provided for DFS stocks is “Overweight” according to the report published on February 08th, 2024.

HSBC Securities gave a rating of “Hold” to DFS, setting the target price at $107 in the report published on January 19th of the current year.

DFS Trading at 17.03% 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 -3.60% of loss for the given period.

Volatility was left at 2.80%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares surge +17.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.14% upper at present.

During the last 5 trading sessions, DFS rose by +4.89%, which changed the moving average for the period of 200-days by +67.19% in comparison to the 20-day moving average, which settled at $171.82. In addition, Discover Financial Services saw 61.46% 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 0.14. The total capital return value is set at 0.05. Equity return is now at value 20.17, with 2.15 for asset returns.

Based on Discover Financial Services (DFS), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is 2.63.

Currently, EBITDA for the company is 4.01 billion with net debt to EBITDA at 4.61. When we switch over and look at the enterprise to sales, we see a ratio of 2.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.27.

Conclusion

In a nutshell, Discover Financial Services (DFS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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