Discover Financial Services Reaches New 1-Year High at $63.14 (DFS)
Shares of Discover Financial Services (NYSE:DFS) hit a new 52-week high during trading on Tuesday , Analyst Ratings Net reports. The company traded as high as $63.14 and last traded at $63.08, with a volume of 1,012,371 shares traded. The stock had previously closed at $61.98.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Discover Financial Services in a research note on Monday, May 26th. They now have a $60.00 price target on the stock. Finally, analysts at SunTrust reiterated a “neutral” rating on shares of Discover Financial Services in a research note on Wednesday, April 23rd. They now have a $63.00 price target on the stock, up previously from $58.00. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $61.48.
The stock’s 50-day moving average is $59.79 and its 200-day moving average is $56.96. The company has a market cap of $29.324 billion and a price-to-earnings ratio of 12.56.
Discover Financial Services (NYSE:DFS) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.05. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.12 billion. During the same quarter in the prior year, the company posted $1.33 earnings per share. On average, analysts predict that Discover Financial Services will post $5.27 earnings per share for the current fiscal year.
Discover Financial Services is a direct banking and payment services company. The Company is a bank holding company and a financial holding company.
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