Visa (NYSE:V) Stock Price Expected to Rise, Analyst Highlights
On February 2nd, 2025, analysts at The Goldman Sachs Group raised their price target for Visa (NYSE:V) from $346.00 to $384.00, as reported by Benzinga. The firm maintains a "buy" rating on Visa's stock, suggesting a potential upside of 12.27% from its current trading price.
Several other research analysts have also recently updated their views on Visa. Piper Sandler increased their price target from $322.00 to $368.00 while assigning an "overweight" rating in a report from January 24th. Seaport Res Ptn upgraded Visa from a "hold" rating to a "strong buy" on January 14th. Barclays also increased their target, raising it from $319.00 to $347.00 with an "overweight" rating noted in a report from November 4th. Furthermore, BMO Capital Markets adjusted their target from $310.00 to $320.00 alongside an "outperform" rating on October 30th. Deutsche Bank made their adjustment at the same time, increasing from $300.00 to $340.00 while maintaining a "buy" rating. Currently, the consensus on Visa's stock includes four hold ratings, twenty-five buy ratings, and one strong buy rating. According to MarketBeat.com, Visa enjoys a consensus rating of "Moderate Buy" with an average price target set at $352.27.
Visa Price Overview
On Friday, Visa's stock opened at $342.05. Over the past year, it reached a low of $252.70 and a high of $351.25. Its 50-day moving average sits at $317.74, while the 200-day moving average is at $292.96. Visa has a market capitalization of $637.19 billion, a price-to-earnings (P/E) ratio of 35.15, and a PEG ratio of 2.27, alongside a beta of 0.96. The company’s debt-to-equity ratio stands at 0.55, with a current ratio and a quick ratio both recorded at 1.28.
Visa recently released its quarterly earnings data on January 30th, where it reported earnings per share (EPS) of $2.75, outperforming the expected EPS of $2.66 by $0.09. The company's return on equity was noted at 53.16%, complemented by a net margin of 54.96%. Analysts currently forecast that Visa will report an EPS of 11.18 for the current fiscal year.
Insider Transactions
In other developments, insider Paul D. Fabara sold 2,171 shares of Visa on November 22nd at an average price of $307.97, totaling a value of $668,602.87. Post-sale, Fabara retains ownership of 17,894 shares valued at $5,510,815.18, translating to a 10.82% reduction in ownership. This transaction has been documented in a filing with the SEC. Additionally, CEO Ryan Mcinerney sold 8,620 shares of Visa on January 2nd, with the shares priced at an average of $317.78, culminating in total sales of $2,739,263.60. After these sales, company insiders control 0.13% of Visa's shares.
Institutional Investment Changes
Recently, several institutional investors have modified their positions related to Visa. Peterson Financial Group Inc. made a new acquisition in Visa during Q3, similarly, Decker Retirement Planning Inc. did the same in Q4. Reston Wealth Management LLC and POM Investment Strategies LLC also acquired new positions in Visa during Q3 and Q4 respectively, with POM increasing its stake by 48.5%. Modus Advisors LLC also took a new position in Visa in Q4, resulting in 82.15% of the stock being held by institutional investors and hedge funds.
Company Background
Visa Inc. operates as a global payment technology company. It utilizes VisaNet, a transaction processing network facilitating the authorization, clearing, and settlement of payment transactions. Visa also provides a range of services, including credit, debit, and prepaid card products, fund delivery solutions such as Visa Direct and Visa Cross-Border Solutions, and various digital and security services.
Visa, Stock, Earnings