Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Visa (V) Share Price
Media stories about Visa (NYSE:V) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Visa earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the credit-card processor an impact score of 46.1386564399854 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
- Visa (V) a Buy on Strong Sales Growth (investorplace.com)
- Visa Inc (V) Testing New Cross-Border B2B Payments System – StockNews.com (blog) (stocknews.com)
- Visa As A Dividend Income Stock – Seeking Alpha (seekingalpha.com)
- Visa Welcomes the Nigerian Women’s Bobsled Team to Team Visa for the Olympic Winter Games PyeongChang 2018 (finance.yahoo.com)
- With 1 Amazing Word, Dee Hock, Founder of VISA, defines leadership, and destroys the modern education system (inc.com)
Shares of Visa (NYSE V) traded down $0.63 on Thursday, reaching $110.82. The company had a trading volume of 4,067,585 shares, compared to its average volume of 7,519,636. Visa has a 52 week low of $75.17 and a 52 week high of $112.90. The stock has a market cap of $231,370.19, a price-to-earnings ratio of 32.03, a P/E/G ratio of 1.63 and a beta of 0.97. The company has a current ratio of 1.90, a quick ratio of 1.65 and a debt-to-equity ratio of 0.61.
Visa (NYSE:V) last announced its quarterly earnings data on Wednesday, October 25th. The credit-card processor reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.05. Visa had a return on equity of 31.80% and a net margin of 36.49%. The company had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.63 billion. During the same quarter last year, the firm posted $0.78 EPS. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. sell-side analysts predict that Visa will post 4.05 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 5th. Investors of record on Friday, November 17th will be issued a $0.195 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $0.78 annualized dividend and a yield of 0.70%. This is a positive change from Visa’s previous quarterly dividend of $0.17. Visa’s dividend payout ratio (DPR) is 27.86%.
V has been the subject of a number of analyst reports. KeyCorp reissued a “buy” rating and issued a $110.00 price target on shares of Visa in a research report on Friday, August 25th. Royal Bank Of Canada reissued a “buy” rating and issued a $124.00 price target on shares of Visa in a research report on Friday, September 22nd. Zacks Investment Research raised Visa from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a research report on Tuesday, September 19th. Robert W. Baird reissued a “buy” rating on shares of Visa in a research report on Thursday, August 24th. Finally, BidaskClub lowered Visa from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Three analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $116.08.
Visa Company Profile
Visa Inc (Visa) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. The Company operates through payment services segment. The Company enables global commerce through the transfer of value and information among the participants.
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