Wall Street analysts expect Visa Inc. (NYSE:V) to announce sales of $4.80 billion for the current quarter, according to Zacks. Ten analysts have provided estimates for Visa’s earnings, with the highest sales estimate coming in at $4.91 billion and the lowest estimate coming in at $4.67 billion. Visa posted sales of $4.46 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 7.6%. The company is expected to issue its next earnings report on Thursday, February 1st.

According to Zacks, analysts expect that Visa will report full-year sales of $4.80 billion for the current financial year, with estimates ranging from $19.77 billion to $20.23 billion. For the next financial year, analysts forecast that the company will post sales of $22.18 billion per share, with estimates ranging from $21.83 billion to $22.53 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that follow Visa.

Visa (NYSE:V) last announced its earnings results on Wednesday, October 25th. The credit-card processor reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.05. Visa had a return on equity of 31.80% and a net margin of 36.49%. The company had revenue of $4.86 billion for the quarter, compared to analysts’ expectations of $4.63 billion. During the same quarter in the previous year, the firm earned $0.78 earnings per share. Visa’s quarterly revenue was up 13.9% on a year-over-year basis.

Several equities analysts recently weighed in on the company. Jefferies Group reiterated a “buy” rating and set a $125.00 target price (up from $112.00) on shares of Visa in a research report on Tuesday, October 17th. BidaskClub raised Visa from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 10th. Robert W. Baird reissued an “outperform” rating and set a $128.00 price objective (up from $122.00) on shares of Visa in a research note on Monday, October 2nd. Morgan Stanley boosted their price objective on Visa from $125.00 to $126.00 and gave the stock an “overweight” rating in a research note on Thursday, October 26th. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $120.00 price objective on shares of Visa in a research note on Wednesday, October 25th. Three analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. Visa presently has a consensus rating of “Buy” and an average price target of $116.08.

Visa (NYSE V) traded up $2.73 on Friday, hitting $112.59. The stock had a trading volume of 18,533,301 shares, compared to its average volume of 7,570,622. Visa has a 1 year low of $75.17 and a 1 year high of $113.62. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.90 and a quick ratio of 1.90. The stock has a market cap of $234,841.23, a PE ratio of 32.58, a P/E/G ratio of 1.66 and a beta of 0.97.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 5th. Stockholders of record on Friday, November 17th will be issued a $0.195 dividend. This represents a $0.78 annualized dividend and a dividend yield of 0.69%. This is a boost from Visa’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Thursday, November 16th. Visa’s payout ratio is 27.86%.

In other Visa news, SVP James H. Hoffmeister sold 2,146 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $112.09, for a total transaction of $240,545.14. Following the sale, the senior vice president now directly owns 687 shares of the company’s stock, valued at $77,005.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.14% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Welch Investments LLC bought a new position in shares of Visa during the 3rd quarter valued at about $101,000. Cordasco Financial Network purchased a new stake in Visa in the 3rd quarter worth approximately $105,000. Motco lifted its holdings in Visa by 25.1% in the 2nd quarter. Motco now owns 1,176 shares of the credit-card processor’s stock worth $110,000 after buying an additional 236 shares during the period. Massey Quick Simon & CO. LLC purchased a new position in shares of Visa in the 3rd quarter valued at approximately $110,000. Finally, BDO Wealth Advisors LLC bought a new stake in Visa during the second quarter worth approximately $115,000. 81.73% of the stock is owned by institutional investors.

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Visa Company Profile

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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Earnings History and Estimates for Visa (NYSE:V)

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