[Marketwired] – Visa Canada is teaming up with famed Canadian business icon W. Brett Wilson to celebrate Small Business Week. Wilson, a philanthropist, entrepreneur and author of Redefining Success: Still Making Mistakes, …
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Visa Inc. (V), currently valued at $126.94B, began trading this morning at $195.67.
Today, shares have traded between $195.47 and $197.57 per share with the price of the stock fluctuating between $135.93 to $200.86 over the last 52 weeks.
V shares are currently priced at 25.21x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 22.81x earnings multiple for the same period.
And for those looking to make a return holding the stock, the company pays shareholders $1.32 per share annually in dividends, yielding 0.70%.
Consensus earnings for the current quarter by the 31 sell-side analysts covering the stock is an estimate of $1.85 per share, which would be $0.31 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $7.59, which would be a $1.39 better than last year.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.02 Billion. If realized, that would be a 10.62% increase over the year-ago quarter.
Recently, Argus downgraded V from Buy to Hold (Mar 1, 2013).
Previously, UBS upgraded V from Sell to Neutral.
When considering if the stock is under or overvalued, the average price target is $209.03, which is 6.83% above where the stock opened this morning.
Visa Inc. (NYSE:V), a payments technology company, engages in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
Tag Helper ~ Stock Code: V | Common Company name: Visa | Full Company name: Visa Inc. (NYSE:V) .