Visa (V) Given News Impact Score of 1.46

News headlines about Visa (NYSE:V) have trended somewhat positive on Saturday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Visa earned a coverage optimism score of 1.46 on their scale. InfoTrie also assigned press coverage about the credit-card processor an news buzz score of 5 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have effected Visa’s analysis:

Shares of Visa stock opened at $137.11 on Friday. The firm has a market capitalization of $284.50 billion, a P/E ratio of 29.74, a PEG ratio of 1.53 and a beta of 1.11. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.58. Visa has a fifty-two week low of $111.02 and a fifty-two week high of $151.56.

Visa (NYSE:V) last issued its earnings results on Wednesday, October 24th. The credit-card processor reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.01. The company had revenue of $5.43 billion during the quarter, compared to the consensus estimate of $5.44 billion. Visa had a net margin of 49.98% and a return on equity of 38.00%. On average, sell-side analysts forecast that Visa will post 5.33 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 4th. Shareholders of record on Friday, November 16th were paid a $0.25 dividend. The ex-dividend date was Thursday, November 15th. This represents a $1.00 annualized dividend and a yield of 0.73%. This is a boost from Visa’s previous quarterly dividend of $0.21. Visa’s payout ratio is presently 21.69%.

V has been the subject of a number of recent analyst reports. Wells Fargo & Co boosted their price objective on shares of Visa from $161.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, October 1st. Royal Bank of Canada boosted their price objective on shares of Visa to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, September 5th. Zacks Investment Research upgraded shares of Visa from a “hold” rating to a “buy” rating and set a $168.00 price objective for the company in a report on Tuesday, September 25th. Credit Suisse Group boosted their price objective on shares of Visa from $150.00 to $164.00 and gave the stock an “outperform” rating in a report on Monday, October 8th. Finally, JPMorgan Chase & Co. restated a “buy” rating and issued a $166.00 price objective on shares of Visa in a report on Thursday, October 25th. Two analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $156.09.

In other Visa news, SVP James H. Hoffmeister sold 2,252 shares of the business’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $144.56, for a total value of $325,549.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP William M. Sheedy sold 3,643 shares of the business’s stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $133.07, for a total transaction of $484,774.01. Following the completion of the sale, the executive vice president now owns 241,983 shares in the company, valued at approximately $32,200,677.81. The disclosure for this sale can be found here. In the last quarter, insiders sold 119,395 shares of company stock worth $16,697,489. Corporate insiders own 0.14% of the company’s stock.

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About Visa

Visa Inc operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants.

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