Analysts’ Weekly Ratings Updates for Visa (V)

Several brokerages have updated their recommendations and price targets on shares of Visa (NYSE: V) in the last few weeks:

  • 10/31/2017 – Visa was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Visa have outperformed the industry, year to date. The company’s fiscal fourth-quarter earnings surpassed the Zacks Consensus Estimate and grew year over year. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth that have led to consistent revenue growth over the past several years. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet ensures effective capital deployment. Strong earnings guidance instills our confidence in the company. However, higher client incentives and forex volatility are some near-term headwinds”
  • 10/30/2017 – Visa had its price target raised by analysts at Jefferies Group LLC from $125.00 to $127.00. They now have a “buy” rating on the stock.
  • 10/26/2017 – Visa was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $121.00 price target on the stock. According to Zacks, “Shares of Visa have outperformed the industry, year to date. The company’s fiscal fourth-quarter earnings surpassed the Zacks Consensus Estimate and grew year over year. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth that have led to consistent revenue growth over the past several years. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet ensures effective capital deployment. Strong earnings guidance instills our confidence in the company. However, higher client incentives and forex volatility are some near-term headwinds”
  • 10/26/2017 – Visa had its price target raised by analysts at Morgan Stanley from $125.00 to $126.00. They now have an “overweight” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at BMO Capital Markets from $116.00 to $134.00. They now have an “outperform” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at SunTrust Banks, Inc. from $110.00 to $135.00. They now have a “buy” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at Loop Capital from $111.00 to $123.00. They now have a “buy” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at Barclays PLC from $123.00 to $128.00. They now have an “overweight” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at Nomura from $120.00 to $126.00. They now have a “buy” rating on the stock.
  • 10/26/2017 – Visa had its price target raised by analysts at Buckingham Research from $129.00 to $130.00. They now have a “buy” rating on the stock.
  • 10/25/2017 – Visa had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $120.00 price target on the stock.
  • 10/25/2017 – Visa was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $113.35 price target on the stock.
  • 10/24/2017 – Visa was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Visa have outperformed the industry, year to date. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet position ensures effective capital deployment. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.8% upward over the last 60 days. However, higher client incentives and forex volatility are some near term headwinds”
  • 10/20/2017 – Visa had its price target raised by analysts at Morgan Stanley from $114.00 to $125.00. They now have an “overweight” rating on the stock.
  • 10/18/2017 – Visa had its price target raised by analysts at Citigroup Inc. from $115.00 to $124.00. They now have a “buy” rating on the stock.
  • 10/18/2017 – Visa had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $118.00 price target on the stock.
  • 10/18/2017 – Visa had its price target raised by analysts at Barclays PLC from $114.00 to $123.00. They now have an “overweight” rating on the stock.
  • 10/17/2017 – Visa had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $125.00 price target on the stock, up previously from $112.00.
  • 10/13/2017 – Visa is now covered by analysts at Stephens. They set an “overweight” rating and a $125.00 price target on the stock.
  • 10/12/2017 – Visa had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $107.00 price target on the stock.
  • 10/12/2017 – Visa had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $115.00 price target on the stock.
  • 10/10/2017 – Visa was upgraded by analysts at Wells Fargo & Company from a “market perform” rating to an “outperform” rating. They now have a $120.00 price target on the stock, up previously from $107.01.
  • 10/4/2017 – Visa had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $110.00 price target on the stock.
  • 10/2/2017 – Visa is now covered by analysts at Buckingham Research. They set a “buy” rating and a $129.00 price target on the stock.
  • 10/2/2017 – Visa had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $128.00 price target on the stock, up previously from $122.00.
  • 9/28/2017 – Visa is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $120.00 price target on the stock. They wrote, “Visa is a card network that facilitates transactions among card (credit, debit, prepaid or commercial) users, issuers, merchants and acquirers. Card networks act as intermediaries, utilizing network capabilities and infrastructure to facilitate the authorization, clearance, and settlement of payment transactions. Visa facilitates payments within a four-party model card payment scheme, wherein the issuer and acquirer are different entities.””
  • 9/26/2017 – Visa was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $108.51 price target on the stock.
  • 9/26/2017 – Visa had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $122.00 price target on the stock.
  • 9/22/2017 – Visa had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $124.00 price target on the stock.
  • 9/19/2017 – Visa was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $117.00 price target on the stock. According to Zacks, “Shares of Visa have outperformed the industry, year to date. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet position ensures effective capital deployment. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.8% upward over the last 60 days.”
  • 9/13/2017 – Visa was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $105.08 price target on the stock.
  • 9/12/2017 – Visa had its “outperform” rating reaffirmed by analysts at BMO Capital Markets.
  • 9/7/2017 – Visa was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $101.08 price target on the stock.

Shares of Visa Inc. (NYSE V) opened at 109.98 on Wednesday. The firm has a market cap of $251.46 billion, a price-to-earnings ratio of 40.90 and a beta of 0.93. The company’s 50-day moving average is $106.70 and its 200 day moving average is $99.34. Visa Inc. has a 1-year low of $75.17 and a 1-year high of $110.74.

Visa (NYSE:V) last released its quarterly earnings results on Wednesday, October 25th. The credit-card processor reported $0.90 EPS for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.05. The firm had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.63 billion. Visa had a net margin of 36.49% and a return on equity of 31.80%. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.78 earnings per share. On average, equities research analysts expect that Visa Inc. will post $4.06 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 5th. Shareholders of record on Friday, November 17th will be given a $0.195 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This is a positive change from Visa’s previous quarterly dividend of $0.17. This represents a $0.78 dividend on an annualized basis and a yield of 0.71%. Visa’s payout ratio is 23.57%.

In other Visa news, Director Mary B. Cranston sold 10,400 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $103.32, for a total value of $1,074,528.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.14% of the stock is owned by insiders.

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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