Visa Inc. with ticker code (V) have now 36 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 294 and 185 with the average target price sitting at $261.81. Given that the stocks previous close was at $232.69 and the analysts are correct then we can expect a percentage increase in value of 12.5%. The day 50 moving average is $223.93 and the 200 day moving average is $209.93. The market cap for the company is $491,861m. Company Website: https://usa.visa.com
The potential market cap would be $553,415m based on the market consensus.
Visa Inc. operates as a payments technology company worldwide. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, click to pay; Visa Direct, a real-time payments network; Visa B2B Connect, a multilateral B2B cross-border payments network; Visa Treasury as a Service, a cross-border consumer payments business; and Visa DPS that provides a range of value added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services. Further, the; company provides Cybersource, a payment management platform; and risk and identity solutions, such as Visa Advanced Authorization, Visa Secure, Visa Advanced Identity Score, and Visa Consumer Authentication Service; and Visa Consulting and Analytics, a payments consulting advisory services. It provides its services under the Visa, Visa Electron, Interlink, VPAY, and PLUS brands. The company serves consumers, merchants, financial institutions, and government entities. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.
The company has a dividend yield of 0.77% with the ex dividend date set at 9-2-2023 (DMY).
Other points of data to note are a P/E ratio of 32.68, revenue per share of 14.55 and a 15.14% return on assets.
