Wall Street brokerages expect Visa Inc (NYSE:V) to post $0.97 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Eleven analysts have issued estimates for Visa’s earnings. The lowest EPS estimate is $0.92 and the highest is $0.99. Visa posted earnings per share of $0.86 in the same quarter last year, which would indicate a positive year-over-year growth rate of 12.8%. The company is scheduled to announce its next earnings results after the market closes on Thursday, February 1st.
On average, analysts expect that Visa will report full-year earnings of $4.08 per share for the current financial year, with EPS estimates ranging from $4.00 to $4.37. For the next fiscal year, analysts anticipate that the company will post earnings of $4.73 per share, with EPS estimates ranging from $4.50 to $5.25. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Visa.
Visa (NYSE:V) last posted its quarterly earnings data on Wednesday, October 25th. The credit-card processor reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.05. The business had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.63 billion. Visa had a return on equity of 31.80% and a net margin of 36.49%. Visa’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period last year, the company earned $0.78 earnings per share.
Visa (NYSE:V) traded down $0.42 during trading hours on Friday, hitting $122.70. The company had a trading volume of 8,250,000 shares, compared to its average volume of 7,790,000. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.90 and a current ratio of 1.90. The company has a market capitalization of $278,060.00, a P/E ratio of 43.82, a PEG ratio of 1.78 and a beta of 0.99. Visa has a fifty-two week low of $81.41 and a fifty-two week high of $123.65.
In related news, Director Robert W. Matschullat sold 6,220 shares of Visa stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $113.76, for a total transaction of $707,587.20. Following the completion of the sale, the director now directly owns 57,368 shares of the company’s stock, valued at approximately $6,526,183.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Tullier Kelly Mahon sold 49,702 shares of Visa stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $113.66, for a total value of $5,649,129.32. Following the sale, the executive vice president now directly owns 76,202 shares of the company’s stock, valued at $8,661,119.32. The disclosure for this sale can be found here. Over the last three months, insiders have sold 58,068 shares of company stock valued at $6,597,262. 0.14% of the stock is currently owned by insiders.
A number of large investors have recently added to or reduced their stakes in V. Krilogy Financial LLC raised its holdings in Visa by 0.3% in the 2nd quarter. Krilogy Financial LLC now owns 2,572 shares of the credit-card processor’s stock valued at $241,000 after acquiring an additional 7 shares in the last quarter. Capital Investment Advisory Services LLC raised its holdings in Visa by 0.4% in the 2nd quarter. Capital Investment Advisory Services LLC now owns 4,747 shares of the credit-card processor’s stock valued at $445,000 after acquiring an additional 20 shares in the last quarter. Baker Ellis Asset Management LLC raised its holdings in Visa by 0.3% in the 2nd quarter. Baker Ellis Asset Management LLC now owns 6,262 shares of the credit-card processor’s stock valued at $587,000 after acquiring an additional 20 shares in the last quarter. Lakeview Capital Partners LLC raised its holdings in Visa by 0.8% in the 2nd quarter. Lakeview Capital Partners LLC now owns 4,283 shares of the credit-card processor’s stock valued at $402,000 after acquiring an additional 34 shares in the last quarter. Finally, Raab & Moskowitz Asset Management LLC raised its holdings in Visa by 0.5% in the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 7,428 shares of the credit-card processor’s stock valued at $739,000 after acquiring an additional 38 shares in the last quarter. 81.55% of the stock is owned by institutional investors and hedge funds.
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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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