Wedbush Equities Analysts Raise Earnings Estimates for Visa Inc. (NYSE:V)

Visa Inc. (NYSE:V - Free Report) - Analysts at Wedbush lifted their FY2025 earnings per share (EPS) estimates for shares of Visa in a report issued on Monday, April 29th. Wedbush analyst M. Katri now anticipates that the credit-card processor will earn $10.73 per share for the year, up from their previous estimate of $9.72. Wedbush currently has a "Outperform" rating and a $300.00 target price on the stock. The consensus estimate for Visa's current full-year earnings is $9.93 per share.

Visa (NYSE:V - Get Free Report) last issued its quarterly earnings data on Tuesday, April 23rd. The credit-card processor reported $2.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.43 by $0.08. The business had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.62 billion. Visa had a net margin of 53.87% and a return on equity of 51.23%. The company's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.09 EPS.

A number of other analysts also recently issued reports on V. Citigroup raised their price target on Visa from $314.00 to $321.00 and gave the stock a "buy" rating in a research report on Wednesday, April 24th. TD Cowen initiated coverage on shares of Visa in a report on Thursday, April 11th. They issued a "buy" rating and a $320.00 target price for the company. Redburn Atlantic reiterated a "neutral" rating and issued a $307.00 target price on shares of Visa in a report on Wednesday, March 27th. Wells Fargo & Company boosted their price target on Visa from $300.00 to $325.00 and gave the stock an "overweight" rating in a research note on Wednesday, March 6th. Finally, Keefe, Bruyette & Woods upped their target price on Visa from $305.00 to $315.00 and gave the company an "outperform" rating in a research report on Friday, January 26th. Five equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $303.00.

Visa Stock Performance

Shares of NYSE V traded up $0.29 during midday trading on Thursday, hitting $267.61. 5,046,729 shares of the company's stock traded hands, compared to its average volume of 5,927,643. The firm has a fifty day moving average of $278.79 and a 200 day moving average of $265.21. The stock has a market capitalization of $491.47 billion, a price-to-earnings ratio of 29.90, a price-to-earnings-growth ratio of 1.84 and a beta of 0.95. Visa has a 1 year low of $216.14 and a 1 year high of $290.96. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.40 and a current ratio of 1.40.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Altshuler Shaham Ltd acquired a new position in shares of Visa during the third quarter valued at about $25,000. Livelsberger Financial Advisory bought a new position in shares of Visa during the 4th quarter valued at $25,000. Westend Capital Management LLC bought a new stake in Visa in the 1st quarter worth $25,000. O Brien Wealth Partners LLC purchased a new stake in shares of Visa in the 4th quarter worth about $32,000. Finally, Frank Rimerman Advisors LLC purchased a new position in Visa during the 4th quarter valued at about $33,000. 82.15% of the stock is owned by institutional investors.

Insider Activity at Visa

In other news, CEO Ryan Mcinerney sold 8,200 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $280.36, for a total transaction of $2,298,952.00. Following the sale, the chief executive officer now directly owns 538 shares in the company, valued at approximately $150,833.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Visa news, Director Lloyd Carney sold 909 shares of the firm's stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $275.55, for a total transaction of $250,474.95. Following the transaction, the director now directly owns 2,591 shares in the company, valued at $713,950.05. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Ryan Mcinerney sold 8,200 shares of Visa stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $280.36, for a total value of $2,298,952.00. Following the sale, the chief executive officer now directly owns 538 shares in the company, valued at $150,833.68. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,724 shares of company stock worth $3,278,698. 0.19% of the stock is currently owned by insiders.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 17th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $2.08 annualized dividend and a yield of 0.78%. Visa's payout ratio is currently 23.24%.

Visa Company Profile

Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.