Discover Financial Services (NYSE: DFS) is -7.85% lower on its value in year-to-date trading and has touched a low of $119.67 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 $156.31 in the last trading session, with the day’s gains setting it 3.32%.
Currently trading at $159.63, the stock is -1.41% and -8.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing 2.12% at the moment leaves the stock -0.32% off its SMA200. DFS registered 33.50% gain for a year compared to 6-month gain of 8.49%. The firm has a 50-day simple moving average (SMA 50) of $173.752 and a 200-day simple moving average (SMA200) of $160.14696.
The stock witnessed a -1.59% loss in the last 1 month and extending the period to 3 months gives it a -13.73%, and is 0.64% up 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 3.72% over the week and 6.03% over the month.
Discover Financial Services (DFS) has around 21000 employees, a market worth around $40.16B and $23.73B in sales. Current P/E ratio is 10.25 and Fwd P/E is 10.21. Profit margin for the company is 16.47%. Distance from 52-week low is 33.39% and -22.42% from its 52-week high. The company has generated returns on investments over the last 12 months (13.95%).
with sales reaching $4.21B over the same period.The EPS is expected to shrink by -22.50% this year, but quarterly earnings will post -3.72% year-over-year. Quarterly sales are estimated to shrink -0.02% in year-over-year returns.
Discover Financial Services (DFS) Top Institutional Holders
1508.0 institutions hold shares in Discover Financial Services (DFS), with institutional investors hold 87.36% of the company’s shares. The shares outstanding are 251.34M, and float is at 250.18M with Short Float at 2.01%. Institutions hold 87.23% 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 7.7172% 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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