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Visa (NYSE:V) Hits New 52-Week Low - Time to Sell?

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Key Points

  • 52-week low: Visa shares fell to as low as $298.50 and last traded around $299.09 (prior close $308.46) on heavy volume of about 7.17 million shares.
  • Strategic growth moves — including the Visa CLI beta for AI-driven payments, integrations with Stripe/Tempo’s MPP, a partnership with Ingenico, and acquisitions in Argentina — aim to expand merchant reach and could increase total payment volume.
  • Regulatory risk: A UK antitrust challenge over multilateral interchange fees remains active and could pressure margins, even as analysts mostly rate the stock a Buy with a consensus target near $392.65 and the company showing solid margins, PE ~28, and a ~0.9% yield.
  • MarketBeat previews the top five stocks to own by May 1st.

Visa Inc. (NYSE:V - Get Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as $298.50 and last traded at $299.0880, with a volume of 7167864 shares. The stock had previously closed at $308.46.

Key Visa News

Here are the key news stories impacting Visa this week:

Wall Street Analyst Weigh In

V has been the subject of a number of analyst reports. HSBC raised Visa from a "hold" rating to a "strong-buy" rating in a report on Monday, December 8th. Cantor Fitzgerald upgraded Visa to a "strong-buy" rating in a research note on Tuesday, January 27th. Evercore set a $380.00 target price on Visa in a report on Friday, December 12th. Daiwa Securities Group upgraded Visa from a "neutral" rating to an "outperform" rating and set a $370.00 price target on the stock in a research report on Monday, February 2nd. Finally, TD Cowen restated a "buy" rating on shares of Visa in a research report on Friday, January 30th. Seven analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $392.65.

Check Out Our Latest Research Report on Visa

Visa Stock Performance

The company has a 50-day moving average of $323.65 and a 200 day moving average of $335.32. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $542.90 billion, a PE ratio of 28.06, a PEG ratio of 1.78 and a beta of 0.78.

Visa (NYSE:V - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The credit-card processor reported $3.17 earnings per share for the quarter, beating the consensus estimate of $3.14 by $0.03. Visa had a return on equity of 61.74% and a net margin of 50.23%.The firm had revenue of $10.90 billion for the quarter, compared to analysts' expectations of $10.69 billion. During the same quarter last year, the firm posted $2.75 EPS. The company's revenue was up 14.6% compared to the same quarter last year. Equities research analysts predict that Visa Inc. will post 11.3 EPS for the current year.

Visa Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 10th were given a dividend of $0.67 per share. The ex-dividend date was Tuesday, February 10th. This represents a $2.68 annualized dividend and a yield of 0.9%. Visa's payout ratio is presently 25.14%.

Insider Buying and Selling

In other news, Director Lloyd Carney sold 650 shares of the firm's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $309.62, for a total transaction of $201,253.00. Following the sale, the director owned 2,679 shares in the company, valued at approximately $829,471.98. This trade represents a 19.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ryan Mcinerney sold 10,485 shares of the company's stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $349.18, for a total transaction of $3,661,152.30. Following the completion of the transaction, the chief executive officer owned 9,401 shares of the company's stock, valued at $3,282,641.18. This trade represents a 52.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is owned by insiders.

Hedge Funds Weigh In On Visa

A number of large investors have recently modified their holdings of V. Insight Wealth Strategies LLC raised its position in Visa by 1.6% in the 3rd quarter. Insight Wealth Strategies LLC now owns 1,875 shares of the credit-card processor's stock worth $640,000 after purchasing an additional 29 shares during the period. Old Port Advisors grew its stake in shares of Visa by 0.9% during the third quarter. Old Port Advisors now owns 3,423 shares of the credit-card processor's stock valued at $1,169,000 after buying an additional 29 shares during the last quarter. Carr Financial Group Corp increased its holdings in shares of Visa by 2.4% in the third quarter. Carr Financial Group Corp now owns 1,290 shares of the credit-card processor's stock worth $440,000 after buying an additional 30 shares during the period. Define Financial LLC lifted its stake in shares of Visa by 4.0% in the 3rd quarter. Define Financial LLC now owns 779 shares of the credit-card processor's stock valued at $266,000 after acquiring an additional 30 shares during the last quarter. Finally, Patron Partners LLC lifted its stake in shares of Visa by 0.6% in the 3rd quarter. Patron Partners LLC now owns 4,648 shares of the credit-card processor's stock valued at $1,587,000 after acquiring an additional 30 shares during the last quarter. 82.15% of the stock is owned by hedge funds and other institutional investors.

Visa Company Profile

(Get Free Report)

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world's largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa's network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa's product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.

See Also

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.

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