Visa Inc. (V), with a current value of $152.58B, started the session at $195.38. During today’s session, V traded between $195.00 to $196.12 with a trailing 52-week range being $138.53 to $205.25. V shares are currently priced at 22.98x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 22.52x earnings multiple.
In a review of the consensus earnings estimate this quarter, 30 sell-side analysts are looking at $2.16 per share, which would be $0.23 better than the year-ago quarter and a $0.02 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $8.87 is a $1.28 improvement when compared to the previous year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $3.13 Billion. If realized, that would be a 9.82% increase over the year-ago quarter.
In terms of ratings, Argus downgraded V from Buy to Hold (Mar 1, 2013). Previously, UBS upgraded V from Sell to Neutral. Read more.
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