Neutral News Coverage Likely to Affect Visa (NYSE:V) Share Price

News headlines about Visa (NYSE:V) have been trending neutral this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Visa earned a daily sentiment score of 0.29 on their scale. InfoTrie also gave media headlines about the credit-card processor an news buzz score of 7 out of 10, meaning that recent news coverage is likely to have an impact on the stock’s share price in the next several days.

Here are some of the news articles that may have effected Visa’s score:

Visa stock traded up $1.38 during mid-day trading on Thursday, hitting $180.53. The company’s stock had a trading volume of 3,915,730 shares, compared to its average volume of 7,809,718. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $357.91 billion, a PE ratio of 39.16, a PEG ratio of 2.03 and a beta of 0.96. Visa has a one year low of $121.60 and a one year high of $181.35. The company has a 50 day simple moving average of $171.93.

Visa (NYSE:V) last issued its earnings results on Wednesday, April 24th. The credit-card processor reported $1.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.24 by $0.07. The firm had revenue of $5.49 billion for the quarter, compared to analysts’ expectations of $5.46 billion. Visa had a net margin of 51.34% and a return on equity of 40.56%. Visa’s revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the company posted $1.11 earnings per share. Analysts expect that Visa will post 5.37 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Friday, August 16th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.55%. Visa’s dividend payout ratio (DPR) is presently 21.69%.

A number of equities research analysts have recently issued reports on V shares. Jefferies Financial Group reissued a “hold” rating and issued a $230.00 price target (up from $210.00) on shares of WEX in a report on Thursday. Deutsche Bank set a $81.00 price target on shares of Franco Nevada and gave the company a “hold” rating in a research report on Thursday, July 11th. Wells Fargo & Co raised their price target on Apollo Global Management from $38.00 to $42.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 10th. Nomura raised their price objective on Visa from $175.00 to $178.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. Finally, Oppenheimer set a $119.00 price target on American Express and gave the stock a “buy” rating in a research report on Wednesday, April 17th. Two investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $184.96.

In other news, EVP William M. Sheedy sold 75,676 shares of the stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $165.24, for a total transaction of $12,504,702.24. Following the completion of the sale, the executive vice president now owns 300,114 shares of the company’s stock, valued at $49,590,837.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.17% of the company’s stock.

Visa Company Profile

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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