In the preceding three months, 11 analysts have released ratings for Visa V, presenting a wide array of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 7 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 3 | 5 | 0 | 0 | 0 |
Analysts have recently evaluated Visa and provided 12-month price targets. The average target is $311.55, accompanied by a high estimate of $330.00 and a low estimate of $275.00. Surpassing the previous average price target of $302.11, the current average has increased by 3.12%.
Diving into Analyst Ratings: An In-Depth Exploration
A clear picture of Visa'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 |
|---|---|---|---|---|---|
| David Togut | Evercore ISI Group | Lowers | Outperform | $330.00 | $335.00 |
| Arvind Ramnani | Piper Sandler | Announces | Overweight | $322.00 | - |
| Dan Dolev | Mizuho | Raises | Neutral | $275.00 | $265.00 |
| Paul Golding | Macquarie | Raises | Outperform | $300.00 | $290.00 |
| Daniel Perlin | RBC Capital | Raises | Outperform | $315.00 | $309.00 |
| Rayna Kumar | UBS | Raises | Buy | $325.00 | $315.00 |
| Ashwin Shirvaikar | Citigroup | Raises | Buy | $321.00 | $314.00 |
| Moshe Katri | Wedbush | Raises | Outperform | $300.00 | $280.00 |
| Jake Kooyman | Oppenheimer | Raises | Outperform | $299.00 | $297.00 |
| David Koning | Baird | Raises | Outperform | $320.00 | $314.00 |
| Bryan Bergin | TD Cowen | Announces | Buy | $320.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Visa. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Visa compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Visa's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Visa's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Visa analyst ratings.
Get to Know Visa Better
Visa is the largest payment processor in the world. In fiscal 2023, it processed almost $15 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Unraveling the Financial Story of Visa
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Visa's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 9.89%. This indicates a substantial increase in the company's 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: Visa's net margin excels beyond industry benchmarks, reaching 53.14%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Visa's ROE stands out, surpassing industry averages. With an impressive ROE of 11.86%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Visa's ROA stands out, surpassing industry averages. With an impressive ROA of 5.07%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.53.
The Basics of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
