Investment Analysts’ Weekly Ratings Changes for Visa (V)

Several analysts have recently updated their ratings and price targets for Visa (NYSE: V):

  • 2/5/2018 – Visa had its “positive” rating reaffirmed by analysts at BMO Capital Markets. They now have a $148.00 price target on the stock.
  • 2/5/2018 – Visa was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $126.37 price target on the stock.
  • 2/2/2018 – Visa had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $136.00 price target on the stock.
  • 2/2/2018 – Visa had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $136.00 price target on the stock.
  • 2/2/2018 – Visa had its price target raised by analysts at Loop Capital to $142.00. They now have a “buy” rating on the stock.
  • 2/2/2018 – Visa had its price target raised by analysts at Barclays PLC from $145.00 to $150.00. They now have an “overweight” rating on the stock.
  • 2/2/2018 – Visa had its price target raised by analysts at Morgan Stanley from $137.00 to $140.00. They now have an “overweight” rating on the stock.
  • 2/2/2018 – Visa had its price target raised by analysts at Piper Jaffray Companies from $158.00 to $164.00. They now have an “overweight” rating on the stock.
  • 2/2/2018 – Visa had its price target lowered by analysts at Nomura from $148.00 to $146.00. They now have a “buy” rating on the stock.
  • 2/2/2018 – Visa had its price target raised by analysts at Cantor Fitzgerald to $141.00. They now have an “overweight” rating on the stock.
  • 2/2/2018 – Visa had its price target raised by analysts at KeyCorp from $125.00 to $140.00. They now have an “overweight” rating on the stock.
  • 2/1/2018 – Visa had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods.
  • 1/29/2018 – Visa had its “buy” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $123.00 price target on the stock. They wrote, “1QFY18 preview: We expect high single-digit revenue growth for the period. Our 4QFY17 revenue estimate is $4.84 bn (+8.5% y/y) vs. the FactSet consensus of $4.82 bn. Our EPS estimate is $1.00, just above the consensus of $0.99. Visa has had revenue growth of 14-26% for the past four quarters due to the addition of Visa Europe. Because the Visa Europe acquisition has anniversaried, we expect revenue to normalize to a high-single/low-double-digit growth trajectory.””
  • 1/29/2018 – Visa had its “buy” rating reaffirmed by analysts at Citigroup Inc. They now have a $145.00 price target on the stock, up previously from $136.00.
  • 1/25/2018 – Visa was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $140.00 price target on the stock. According to Zacks, “Shares of Visa have outperformed the industry, in a year's time. 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. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 0.7% upward over the last 60 days.”
  • 1/25/2018 – Visa had its price target raised by analysts at Oppenheimer Holdings Inc. from $125.00 to $143.00. They now have an “outperform” rating on the stock.
  • 1/25/2018 – Visa had its price target raised by analysts at Morgan Stanley from $126.00 to $137.00. They now have an “overweight” rating on the stock.
  • 1/24/2018 – Visa had its “hold” rating reaffirmed by analysts at DZ Bank AG.
  • 1/12/2018 – Visa had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $129.00 price target on the stock.
  • 1/12/2018 – Visa had its “buy” rating reaffirmed by analysts at Citigroup Inc. They now have a $136.00 price target on the stock, up previously from $124.00.
  • 1/10/2018 – Visa had its “buy” rating reaffirmed by analysts at Stephens. They now have a $135.00 price target on the stock.
  • 1/9/2018 – Visa had its “outperform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $135.00 price target on the stock, up previously from $127.00.
  • 1/8/2018 – Visa was given a new $129.00 price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 1/8/2018 – Visa was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $121.05 price target on the stock.
  • 1/5/2018 – Visa had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $145.00 price target on the stock.
  • 12/28/2017 – Visa had its price target raised by analysts at Susquehanna Bancshares Inc from $126.00 to $148.00.
  • 12/26/2017 – 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 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. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 0.7% upward over the last 60 days.”
  • 12/22/2017 – Visa had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $141.00 price target on the stock.
  • 12/14/2017 – Visa was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $119.56 price target on the stock.

Shares of Visa Inc (NYSE:V) opened at $116.32 on Monday. Visa Inc has a 52-week low of $85.23 and a 52-week high of $126.88. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.07 and a current ratio of 2.07. The company has a market cap of $263,600.00, a P/E ratio of 38.52, a P/E/G ratio of 1.54 and a beta of 1.03.

Visa (NYSE:V) last posted its earnings results on Thursday, February 1st. The credit-card processor reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.10. The company had revenue of $4.86 billion during the quarter, compared to analysts’ expectations of $4.82 billion. Visa had a net margin of 38.12% and a return on equity of 32.97%. Visa’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.86 earnings per share. equities analysts forecast that Visa Inc will post 4.36 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 6th. Shareholders of record on Friday, February 16th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.72%. This is a boost from Visa’s previous quarterly dividend of $0.20. Visa’s dividend payout ratio (DPR) is currently 25.83%.

In other Visa news, Director Robert W. Matschullat sold 6,220 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $113.76, for a total value of $707,587.20. Following the completion of the transaction, the director now owns 57,368 shares of the company’s stock, valued at $6,526,183.68. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Tullier Kelly Mahon sold 49,702 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $113.66, for a total transaction of $5,649,129.32. Following the completion of the transaction, the executive vice president now directly owns 76,202 shares of the company’s stock, valued at approximately $8,661,119.32. The disclosure for this sale can be found here. In the last ninety days, insiders sold 58,068 shares of company stock valued at $6,597,262. Corporate insiders own 0.14% of the company’s stock.

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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