12 analysts have expressed a variety of opinions on Discover Finl DFS over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 2 | 8 | 0 | 0 |
| Last 30D | 1 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 4 | 0 | 0 |
| 2M Ago | 1 | 1 | 2 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $134.75, with a high estimate of $168.00 and a low estimate of $104.00. Observing a 15.5% increase, the current average has risen from the previous average price target of $116.67.
Diving into Analyst Ratings: An In-Depth Exploration
A clear picture of Discover Finl's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| John Hecht | Jefferies | Raises | Buy | $145.00 | $137.00 |
| Mark Devries | Barclays | Raises | Equal-Weight | $123.00 | $120.00 |
| Donald Fandetti | Wells Fargo | Raises | Equal-Weight | $135.00 | $105.00 |
| Terry Ma | Barclays | Raises | Equal-Weight | $120.00 | $112.00 |
| Richard Shane | JP Morgan | Raises | Neutral | $120.00 | $110.00 |
| Saul Martinez | HSBC | Raises | Hold | $144.00 | $107.00 |
| Kevin Barker | Piper Sandler | Raises | Overweight | $145.00 | $127.00 |
| Arren Cyganovich | Citigroup | Raises | Buy | $168.00 | $127.00 |
| John Pancari | Evercore ISI Group | Raises | In-Line | $140.00 | $117.00 |
| Jon Arfstrom | RBC Capital | Raises | Sector Perform | $140.00 | $117.00 |
| Betsy Graseck | Morgan Stanley | Raises | Overweight | $133.00 | $105.00 |
| James Fotheringham | BMO Capital | Lowers | Market Perform | $104.00 | $116.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Discover Finl. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Discover Finl compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Discover Finl's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Discover Finl analyst ratings.
All You Need to Know About Discover Finl
Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.
Key Indicators: Discover Finl's Financial Health
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Positive Revenue Trend: Examining Discover Finl's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.33% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: Discover Finl's net margin is impressive, surpassing industry averages. With a net margin of 6.51%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 1.92%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.18%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 1.39.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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