Visa Inc. (NYSE:V) Given Consensus Rating of "Buy" by Brokerages

Key Points

• Analysts remain bullish on Visa: All 31 analysts surveyed rate the stock Buy or Strong Buy, with an average 12-month price target of approximately $416.62.
• Visa exceeded quarterly expectations, reporting $3.32 in EPS and $11.63 billion in revenue, up 14.4% year over year. The company also declared a quarterly dividend of $0.67 per share, representing a 0.7% yield.
• Growth opportunities include real-time payments, stablecoin transactions, and cross-border services, though a potential card-fee settlement challenge could pressure Visa’s interchange revenue and margins.

Visa Inc. (NYSE:V - Get Free Report) has received an average recommendation of "Buy" from the thirty-one analysts that are currently covering the stock, Marketbeat reports. Twenty-four investment analysts have rated the stock with a buy recommendation and seven have issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $416.6154.

Several equities research analysts recently issued reports on the company. Citigroup reissued a "buy" rating and set a $440.00 target price (up from $400.00) on shares of Visa in a research note on Wednesday, July 29th. Susquehanna reaffirmed a "positive" rating and set a $427.00 price objective (up from $410.00) on shares of Visa in a research report on Wednesday, July 29th. Weiss Ratings upgraded shares of Visa from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, July 30th. Morgan Stanley restated an "overweight" rating and set a $416.00 price objective on shares of Visa in a research report on Wednesday, July 29th. Finally, Robert W. Baird upped their target price on shares of Visa from $412.00 to $420.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th.

Visa Stock Down 2.2%

Shares of V opened at $361.82 on Wednesday. Visa has a 52-week low of $293.89 and a 52-week high of $385.57. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.60. The stock has a fifty day simple moving average of $367.93 and a two-hundred day simple moving average of $337.88. The company has a market capitalization of $645.64 billion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 1.98 and a beta of 0.76.

Visa (NYSE:V - Get Free Report) last posted its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company had revenue of $11.63 billion during the quarter, compared to analysts' expectations of $11.40 billion. During the same quarter last year, the firm earned $2.98 earnings per share. The firm's quarterly revenue was up 14.4% compared to the same quarter last year. As a group, equities analysts forecast that Visa will post 13.16 EPS for the current year.

Visa Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a dividend of $0.67 per share. The ex-dividend date was Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a yield of 0.7%. Visa's dividend payout ratio is currently 22.79%.

Insider Transactions at Visa

In other Visa news, insider Tullier Mahon sold 57,272 shares of the business's stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the transaction, the insider owned 49,662 shares in the company, valued at approximately $18,125,140.14. The trade was a 53.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, General Counsel Julie B. Rottenberg sold 1,867 shares of the company's stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total value of $687,690.78. Following the transaction, the general counsel directly owned 18,404 shares in the company, valued at $6,778,929.36. This represents a 9.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 106,404 shares of company stock worth $38,228,528. Company insiders own 0.12% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Philadelphia Investment Partners LLC purchased a new stake in shares of Visa in the second quarter valued at about $29,000. Virtus Advisers LLC acquired a new position in Visa in the 2nd quarter valued at about $33,000. Copos Capital S.a r.l. purchased a new stake in shares of Visa in the 4th quarter valued at approximately $35,000. Robinswood Financial LLC purchased a new stake in shares of Visa in the 1st quarter valued at approximately $35,000. Finally, Midwest Capital Advisors LLC acquired a new stake in shares of Visa during the 1st quarter worth approximately $37,000. Hedge funds and other institutional investors own 82.15% of the company's stock.

Key Stories Impacting Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa is collaborating with Moov and Mastercard on Moov Money, a real-time person-to-person payment service that allows consumers to send and receive funds through participating digital banking providers. The initiative could expand Visa’s debit-card and account-to-account payment volume. Visa and Mastercard Help Moov Launch P2P Payment Solution
• Positive Sentiment: Visa reportedly has settled approximately $20 billion in stablecoin transactions and joined the founding validator group for Circle’s Arc blockchain, signaling a deeper role in blockchain infrastructure and potentially creating new transaction and service revenue opportunities. Visa Settled $20B in Stablecoins
• Positive Sentiment: UPT is adopting Visa’s Currencycloud capabilities to offer corporate customers virtual euro and pound IBANs, strengthening Visa’s cross-border payments and business-to-business services portfolio. UPT to Launch Virtual IBAN Service
• Neutral Sentiment: Analysts note that Visa’s next growth phase may depend increasingly on value-added services, which already represent nearly one-third of revenue. The stock has outperformed the broader market recently and trades close to its annual high, raising expectations for continued execution. Can Visa Stock Keep Climbing After The World Cup?
• Negative Sentiment: Walmart and other merchants argue that a proposed card-fee settlement is unconstitutional because it would force them to remain in the settlement class. A successful challenge could prolong litigation or increase pressure to reduce interchange fees, threatening Visa’s pricing power and margins. Merchants Call Card-Fee Pact Unconstitutional

About Visa

Visa Inc is a global payments technology company that operates one of the world's largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.

Visa's products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.