Discover Financial Services (NYSE: DFS) is -5.18% lower on its value in year-to-date trading and has touched a low of $119.31 and a high of $205.76 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 DFS stock was last observed hovering at around $159.23 in the last trading session, with the day’s gains setting it 5.03%.
Currently trading at $164.26, the stock is -9.73% and -12.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.55 million and changing 3.16% at the moment leaves the stock 5.49% off its SMA200. DFS registered 31.67% gain for a year compared to 6-month gain of 27.65%. The firm has a 50-day simple moving average (SMA 50) of $186.9248 and a 200-day simple moving average (SMA200) of $155.71765.
The stock witnessed a -12.96% loss in the last 1 month and extending the period to 3 months gives it a -6.54%, and is -1.95% 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 3.69% over the week and 3.72% over the month.
Discover Financial Services (DFS) has around 21000 employees, a market worth around $41.33B and $23.68B in sales. Current P/E ratio is 10.55 and Fwd P/E is 10.35. Profit margin for the company is 16.50%. Distance from 52-week low is 37.67% and -20.17% from its 52-week high. The company has generated returns on investments over the last 12 months (13.95%).
with sales reaching $4.25B over the same period.The EPS is expected to shrink by -21.81% this year, but quarterly earnings will post -3.51% year-over-year. Quarterly sales are estimated to grow 1.01% in year-over-year returns.
Discover Financial Services (DFS) Top Institutional Holders
1513.0 institutions hold shares in Discover Financial Services (DFS), with institutional investors hold 85.09% of the company’s shares. The shares outstanding are 251.34M, and float is at 250.16M with Short Float at 2.12%. Institutions hold 84.94% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 30.5 million shares valued at $3.99 billion. The investor’s holdings represent 12.2001% of the DFS Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 20.26 million shares valued at $2.65 billion to account for 8.07 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 19.37 million shares representing 7.748% and valued at over $2.53 billion, while STATE STREET CORP holds 4.1504 of the shares totaling 10.42 million with a market value of $1.36 billion.
Discover Financial Services (DFS) Insider Activity
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