While a combination of coronavirus-related news items are fueling the decline, the main reason is the delay of the fiscal stimulus bill that was widely expected to be finalized over the weekend. Visa (V 0.21%) is getting hit especially hard, with shares down by more than 7%, reaching a fresh 52-week low.
Full Answer
Why is Visa stock down 7%?
While a combination of coronavirus-related news items are fueling the decline, the main reason is the delay of the fiscal stimulus bill that was widely expected to be finalized over the weekend. Visa ( NYSE:V) is getting hit especially hard, with shares down by more than 7%, reaching a fresh 52-week low.
What was the 52-week low for Visa stock?
The low in the last 52 weeks of Visa stock was 185.99. According to the current price, Visa is 114.04% away from the 52-week low. What was the 52-week high for Visa stock? The high in the last 52 weeks of Visa stock was 248.46. According to the current price, Visa is 85.37% away from the 52-week high.
What is Visa's (Visa) stock price potential next year?
Their forecasts range from $210.00 to $305.00. On average, they expect Visa's stock price to reach $265.38 in the next year. This suggests a possible upside of 28.9% from the stock's current price.
What is the upside for Visa's stock?
Their forecasts range from $210.00 to $305.00. On average, they expect Visa's stock price to reach $265.38 in the next year. This suggests a possible upside of 28.9% from the stock's current price. View analysts' price targets for Visa or view top-rated stocks among Wall Street analysts.
Is Visa stock a good buy now?
Bottom line: Visa stock is not a buy, as no discernible pattern has formed. Keep an eye on the Dow Jones card giant, as it compares favorably with many top-rated large-cap stocks to buy or watch.
Is Visa stock expected to rise?
Stock Price Forecast The 32 analysts offering 12-month price forecasts for Visa Inc have a median target of 260.00, with a high estimate of 296.00 and a low estimate of 204.00. The median estimate represents a +21.18% increase from the last price of 214.55.
Is Visa a buy sell or hold?
Visa has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 16 buy ratings, 4 hold ratings, and no sell ratings.
Is Visa undervalued?
Visa Inc has a current Real Value of $239.2 per share. The regular price of the company is $213.32. At this time, the company appears to be undervalued....2022-05-12.LowIncome Per ShareHigh1.411.431.45
What will Visa stock be worth in 5 years?
What will the Visa stock be worth in the next 5 years? According to our predictions, the Visa stock can be worth up to $292.98 in the next five years. However, the average price of the stock in five years' time is expected to be $279.37.
Is Visa stock a good long term investment?
Shares of credit card company Visa (NYSE:V) are ripe for the picking. At roughly $200 a share, V stock is down 10% on the year and 20% below its 52-week high of $252.67....Visa Stock Remains a Long-Term Winner.TickerCompanyCurrent PriceVVisa$201.74Jul 7, 2022
Why should I invest in Visa?
Visa (NYSE:V) has an annual dividend growth rate over the last 5 years of 17.91% and a low payout ratio of just 21.54%. The company's characteristics make Visa attractive for dividend income investors seeking dividend growth stocks and for investors with a long investment horizon aiming to invest for their retirement.
Is Visa a blue chip?
With a firm foothold in the payments processing industry, Visa will likely be a blue chip stock for many years to come.
Is Apple a buy or sell?
Apple has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 23 buy ratings, 7 hold ratings, and 2 sell ratings.
How does Visa make money?
Visa makes its profits by selling services as a middleman between financial institutions and merchants. The company does not profit from the interest charged on Visa-branded card payments, which instead goes to the card-issuing financial institution.
Is Mastercard a buy or sell?
Mastercard has received a consensus rating of Buy. The company's average rating score is 2.81, and is based on 14 buy ratings, 1 hold rating, and 1 sell rating.
Who owns Visa company?
1 Visa generates revenue through selling its services as a middleman between merchants and financial institutions. The top shareholders of Visa are Rajat Taneja, Alfred F. Kelly, Vasant M. Prabhu, Vanguard Group Inc., BlackRock Inc., and T.
Which stock is better Visa or Mastercard?
6:388:03Visa Stock vs Mastercard Stock | Which is Better? - YouTubeYouTubeStart of suggested clipEnd of suggested clipThat's still very high but mastercard has shown it can use its capital more efficiently. This leadsMoreThat's still very high but mastercard has shown it can use its capital more efficiently. This leads some investors to value mastercard at a higher multiple.
Why is Visa stock up?
“The pandemic has accelerated the adoption of digital payments,” says Visa CFO Vasant Prabhu. Visa stock surged more than 10% Friday after the payments leader reported strong results for the December quarter and gave an upbeat outlook as international travel picks up and as the shift to digital payments intensifies.
Is Microsoft a buy right now?
Microsoft stock is not a buy right now. It needs to form a new base in the right market conditions before setting a potential buy point. Check out IBD's Big Picture column for the current market direction. In a positive sign, MSFT stock has climbed above its 50-day moving average line.
Is Visa a blue chip?
With a firm foothold in the payments processing industry, Visa will likely be a blue chip stock for many years to come.
Should I buy or sell Visa stock right now?
24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Visa in the last twelve months. There are currently 5 hold ratin...
What is Visa's stock price forecast for 2022?
24 brokerages have issued 12 month price objectives for Visa's shares. Their forecasts range from $210.00 to $310.00. On average, they expect Visa'...
How has Visa's stock price performed in 2022?
Visa's stock was trading at $216.71 at the start of the year. Since then, V stock has decreased by 7.9% and is now trading at $199.51. View the be...
When is Visa's next earnings date?
Visa is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022. View our earnings forecast for Visa .
How were Visa's earnings last quarter?
Visa Inc. (NYSE:V) announced its earnings results on Tuesday, April, 26th. The credit-card processor reported $1.79 EPS for the quarter, topping an...
How often does Visa pay dividends? What is the dividend yield for Visa?
Visa announced a quarterly dividend on Thursday, April 28th. Stockholders of record on Friday, May 13th will be paid a dividend of $0.375 per share...
Is Visa a good dividend stock?
Visa(NYSE:V) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.75%. Visa has been increasing its dividend for 14 c...
When did Visa's stock split? How did Visa's stock split work?
Visa's stock split before market open on Thursday, March 19th 2015. The 4-1 split was announced on Thursday, January 29th 2015. The newly issued sh...
Who are Visa's key executives?
Visa's management team includes the following people: Mr. Alfred Francis Kelly Jr. , Chairman & CEO (Age 64, Pay $8.14M) Mr. Ryan M. McInerney ,...
What happened
Shares of credit card giant Visa ( V -2.43% ) had dropped 4.5% as of 10:40 a.m. EDT Wednesday despite the company beating earnings in its fiscal fourth-quarter 2021 earnings report released last night.
So what
Visa's revenue beat represented 29% year-over-year growth from last year's Q4 revenue, and GAAP profits surged 68% year over year. Visa's full-year results were also good, but less so. Full-year revenue rose 10%, and full-year profit, 13%.
NYSE: V
Visa management credited "the continuation of the recovery in many global economies and the increased diversification of our revenue with new flows and value added services" for helping it produce the strong numbers, and predicted that "looking ahead, Visa is even better positioned for the future as cross-border travel recovers and we continue to drive the rapid growth of digital payments.".
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Even good news can be bad news for Visa, it seems
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
For the fourth day in a row, shares of credit card giant Visa ( NYSE:V) continued to decline on Monday, hitting a 3% loss as of 1:20 p.m. ET.
So what
On Friday, you see, the Japanese banker downgraded shares of Visa stock from buy to neutral, and slashed its price target on Visa 14% to $220 a share, according to TipRanks.com.
Now what
But wait! What exactly is this "cash-to-card conversion runway" that Mizuho speaks of?
When did Visa stock split?
Shares of Visa split before market open on Thursday, March 19th 2015. The 4-1 split was announced on Thursday, January 29th 2015. The newly created shares were issued to shareholders after the market closes on Wednesday, March 18th 2015. An investor that had 100 shares of Visa stock prior to the split would have 400 shares after the split.
How much of Visa stock is held by institutions?
80.54% of the stock of Visa is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
What is the ticker symbol for a visa?
Visa trades on the New York Stock Exchange (NYSE) under the ticker symbol "V."
What is the P/E ratio of a visa?
The P/E ratio of Visa is 34.74, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 13.89.
Is Visa a buy or sell company?
Visa has received a consensus rating of Buy. The company's average rating score is 2.96, and is based on 25 buy ratings, 1 hold rating, and no sell ratings.
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How much money does Visa spend?
According to its most recent annual report, Visa expects to move $17 trillion in consumer spending and $15 trillion-$20 trillion of business spending to cards and digital formats. Currently, much of that spending is still done in cash and checks.
What is the hardest hit category for a visa?
The hardest-hit category for Visa includes travel, fuel, restaurants and entertainment. The segment comprises a third of Visa's U.S. payments volume.
How much did Visa buy Cyperpunk?
On Aug. 23, Visa said it had bought a CyperPunk NFT on Aug. 19 for around $150,000 in ethereum. The digital art piece is Visa's first foray into NFTs. A collection of nine rare CryptoPunks that were among the first 1,000 minted sold for nearly $17 million in Christie's auction last May.
How much will the payment volume increase in 2021?
Payments volume grew 17% for the quarter and 16% for all of 2021. Cross-border volume surged 38% in Q4 and 9% for the year. Processed transactions increased 21% for the quarter and 17% for the full year.
What is the Dow Jones stock?
The Dow Jones stock dominates U.S. credit card networks by transactions and cards in circulation. It has ample room to grow in digital payments, while pursuing new bets in fintech and cryptocurrencies.
Does Visa have interest rate risk?
Also, Visa and Mastercard have less exposure to interest-rate risk. Visa neither earns revenue from nor bears risk tied to the interest or fees paid by cardholders. Instead, Visa derives revenue from client services, data processing, cross-border transactions and value-added services, such as licensing fees.
Is Visa a stablecoin?
On March 29, Visa said it would become the first major payments network to settle transactions in USD Coin, a stablecoin backed by the U.S. dollar, over Ethereum.
How does Visa make money?
When a payment transaction is made using a debit or credit card that bears the Visa logo, Visa facilitates the movement of money between the customer's bank and the merchant's account, collecting a small fee for its service.
Is Visa getting revenue from merchants?
Also don't forget that a significant percentage of merchants are closed for the time being, so Visa is getting no revenue from this portion of its network.
