Visa Inc. (NYSE: V) is -14.27% lower on its value in year-to-date trading and has touched a low of $185.91 and a high of $236.96 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The V stock was last observed hovering at around $187.02 in the last trading session, with the day’s loss setting it -1.23%.
Currently trading at $185.79, the stock is -6.90% and -10.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.59 million and changing -0.66% at the moment leaves the stock -11.60% off its SMA200. V registered -16.59% loss for a year compared to 6-month loss of -13.46%.
The stock witnessed a -10.16% gain in the last 1 month and extending the period to 3 months gives it a -5.52%, and is -4.90% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.15% over the week and 2.12% over the month.
Visa Inc. (V) has around 21500 employees, a market worth around $388.49B and $28.08B in sales. Current P/E ratio is 28.51 and Fwd P/E is 22.05. Profit margin for the company is 50.80%. Distance from 52-week low is -0.06% and -21.59% from its 52-week high. The company has generated returns on investments over the last 12 months (21.70%).
Visa Inc. (V) Analyst Forecasts
Visa Inc. is expected to release its quarterly report on 10/26/2022.The EPS is expected to grow by 15.10% this year
Visa Inc. (V) Top Institutional Holders
The shares outstanding are 2.08B, and float is at 1.63B with Short Float at 2.03%.
Visa Inc. (V) Insider Activity
A total of 25 insider transactions have happened at Visa Inc. (V) in the last six months, with sales accounting for 10 and purchases happening 15 times. The most recent transaction is an insider sale by KELLY ALFRED F JR, the company’s CHAIRMAN & CEO. SEC filings show that KELLY ALFRED F JR sold 9,000 shares of the company’s common stock on Aug 31 at a price of $201.00 per share for a total of $1.81 million. Following the sale, the insider now owns 0.15 million shares.
Visa Inc. disclosed in a document filed with the SEC on Jul 29 that KELLY ALFRED F JR (CHAIRMAN & CEO) sold a total of 9,000 shares of the company’s common stock. The trade occurred on Jul 29 and was made at $212.11 per share for $1.91 million. Following the transaction, the insider now directly holds 0.16 million shares of the V stock.
Still, SEC filings show that on Jun 30, KELLY ALFRED F JR (CHAIRMAN & CEO) disposed off 9,000 shares at an average price of $195.37 for $1.76 million. The insider now directly holds 159,887 shares of Visa Inc. (V).
Visa Inc. (V): Who are the competitors?
The company’s main competitors (and peers) include JPMorgan Chase & Co. (JPM) that is trading -28.67% down over the past 12 months and Bank of America Corporation (BAC) that is -19.03% lower over the same period. Mastercard Incorporated (MA) is -13.12% down on the 1-year trading charts.