Discover Financial Services (NYSE: DFS) is 15.48% higher on its value in year-to-date trading and has touched a low of $119.95 and a high of $207.42 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 $200.48 in the last trading session, with the day’s loss setting it -0.43%.
Currently trading at $200.05, the stock is 6.08% and 16.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 31.29 million and changing -0.21% at the moment leaves the stock 21.02% off its SMA200. DFS registered 60.81% gain for a year compared to 6-month loss of 12.53%.
The stock witnessed a 27.98% gain in the last 1 month and extending the period to 3 months gives it a 2.08%, and is 5.25% 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 2.80% over the week and 3.11% over the month.
Discover Financial Services (DFS) has around 21000 employees, a market worth around $50.34B and $23.55B in sales. Current P/E ratio is 10.69 and Fwd P/E is 12.59. Profit margin for the company is 19.97%. Distance from 52-week low is 66.78% and -3.55% from its 52-week high. The company has generated returns on investments over the last 12 months (16.17%).
The EPS is expected to shrink by -18.33% this year.
Discover Financial Services (DFS) Top Institutional Holders
The shares outstanding are 251.63M, and float is at 250.22M with Short Float at 2.18%.
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.
Discover Financial Services (DFS) Insider Activity
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