Discover Financial Services (NYSE: DFS) is 5.45% higher on its value in year-to-date trading and has touched a low of $119.95 and a high of $205.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DFS stock was last observed hovering at around $185.37 in the last trading session, with the day’s loss setting it -2.7%.
Currently trading at $182.67, the stock is 9.15% and 6.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.83 million and changing -1.46% at the moment leaves the stock 12.67% off its SMA200. DFS registered 43.05% gain for a year compared to 6-month gain of 22.68%. The firm has a 50-day simple moving average (SMA 50) of $171.3206 and a 200-day simple moving average (SMA200) of $162.13135.
The stock witnessed a 7.01% loss in the last 1 month and extending the period to 3 months gives it a -9.13%, and is 2.23% 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 3.46% over the week and 6.15% over the month.
Discover Financial Services (DFS) has around 21000 employees, a market worth around $45.96B and $23.55B in sales. Current P/E ratio is 9.76 and Fwd P/E is 11.53. Profit margin for the company is 20.11%. Distance from 52-week low is 52.29% and -11.22% from its 52-week high. The company has generated returns on investments over the last 12 months (14.14%).
with sales reaching $4.32B over the same period.The EPS is expected to shrink by -18.92% this year, but quarterly earnings will post -2.95% year-over-year. Quarterly sales are estimated to shrink -4.83% in year-over-year returns.
1509.0 institutions hold shares in Discover Financial Services (DFS), with institutional investors hold 84.77% of the company’s shares. The shares outstanding are 252.00M, and float is at 250.18M with Short Float at 1.77%. Institutions hold 84.65% 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 12.1515 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.
