FY2025 EPS Estimates for Visa Inc. Lifted by Wedbush (NYSE:V)

Visa Inc. (NYSE:V) – Research analysts at Wedbush increased their FY2025 earnings per share estimates for shares of Visa in a research report issued on Monday, April 29th. Wedbush analyst M. Katri now anticipates that the credit-card processor will post earnings per share of $10.73 for the year, up from their prior estimate of $9.72. Wedbush has a “Outperform” rating and a $300.00 price objective on the stock. The consensus estimate for Visa’s current full-year earnings is $9.93 per share.

Visa (NYSE:V) last issued its earnings results on Tuesday, April 23rd. The credit-card processor reported $2.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.43 by $0.08. Visa had a return on equity of 51.23% and a net margin of 53.87%. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.62 billion. During the same period last year, the company earned $2.09 EPS. The company’s revenue for the quarter was up 9.9% on a year-over-year basis.

Several other research analysts have also weighed in on the stock. Oppenheimer increased their target price on shares of Visa from $297.00 to $299.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 24th. Royal Bank of Canada boosted their target price on Visa from $309.00 to $315.00 and gave the company an “outperform” rating in a research report on Wednesday, April 24th. KeyCorp raised their price target on Visa from $275.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, January 8th. UBS Group boosted their price objective on Visa from $315.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, April 24th. Finally, Barclays increased their target price on Visa from $304.00 to $319.00 and gave the stock an “overweight” rating in a research note on Monday, January 29th. Five equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to MarketBeat, Visa currently has a consensus rating of “Moderate Buy” and a consensus target price of $303.00.

Visa Trading Up 0.3 %

V opened at $268.49 on Thursday. The stock has a market capitalization of $493.08 billion, a PE ratio of 30.00, a P/E/G ratio of 1.83 and a beta of 0.95. Visa has a one year low of $216.14 and a one year high of $290.96. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.40 and a current ratio of 1.40. The business’s 50 day moving average price is $278.47 and its 200 day moving average price is $265.22.

Institutional Trading of Visa

Institutional investors have recently bought and sold shares of the company. Valley Wealth Managers Inc. increased its holdings in Visa by 39.6% during the 1st quarter. Valley Wealth Managers Inc. now owns 1,948 shares of the credit-card processor’s stock valued at $544,000 after acquiring an additional 553 shares in the last quarter. Commonwealth Retirement Investments LLC increased its stake in shares of Visa by 3.1% during the 1st quarter. Commonwealth Retirement Investments LLC now owns 8,275 shares of the credit-card processor’s stock worth $2,310,000 after purchasing an additional 247 shares in the last quarter. Bancreek Capital Management LP raised its position in shares of Visa by 1.3% during the 1st quarter. Bancreek Capital Management LP now owns 26,782 shares of the credit-card processor’s stock worth $7,474,000 after purchasing an additional 336 shares during the last quarter. Csenge Advisory Group lifted its stake in Visa by 3.1% in the 1st quarter. Csenge Advisory Group now owns 15,000 shares of the credit-card processor’s stock valued at $4,186,000 after buying an additional 458 shares in the last quarter. Finally, Richardson Financial Services Inc. grew its holdings in Visa by 9.0% during the 1st quarter. Richardson Financial Services Inc. now owns 5,020 shares of the credit-card processor’s stock valued at $1,401,000 after buying an additional 416 shares during the last quarter. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Visa news, CAO Peter M. Andreski sold 2,615 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $278.88, for a total transaction of $729,271.20. Following the transaction, the chief accounting officer now owns 4,898 shares in the company, valued at approximately $1,365,954.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Lloyd Carney sold 909 shares of the stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $275.55, for a total value of $250,474.95. Following the completion of the transaction, the director now owns 2,591 shares in the company, valued at approximately $713,950.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Peter M. Andreski sold 2,615 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $278.88, for a total transaction of $729,271.20. Following the sale, the chief accounting officer now directly owns 4,898 shares in the company, valued at approximately $1,365,954.24. The disclosure for this sale can be found here. Insiders have sold a total of 11,724 shares of company stock valued at $3,278,698 over the last quarter. Corporate insiders own 0.19% of the company’s stock.

Visa Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 17th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, May 16th. Visa’s dividend payout ratio (DPR) is presently 23.24%.

Visa Company Profile

Visa Inc operates as a payment technology company in the United States and internationally. 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, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; 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.