|Bid||76.38 x 800|
|Ask||80.00 x 800|
|Day's Range||76.34 - 77.63|
|52 Week Range||54.36 - 82.51|
|Beta (3Y Monthly)||1.72|
|PE Ratio (TTM)||9.54|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.60 (2.15%)|
|1y Target Est||87.05|
Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, […]
Redsys, the largest payments processor in Spain, and Discover Global Network, the payments brand of Discover Financial Services, announced that they have signed an agreement that will extend merchant acceptance throughout Spain. The agreement enables Discover to work with additional acquirers in the region in an effort to increase acceptance for Discover, Diners Club International, PULSE and affiliate network cards. Redsys provides its high value services to acquirers that hold approximately 90 percent of the market share in Spain with regards to card processing and point of sale systems.
The national average for a gallon of gasoline typically rises during the summer, but this year 47 out of 50 states have prices that are lower than in 2018, according to data from GasBuddy.com, a Boston-based provider of retail fuel pricing information and data. As of June 10, the average gas price declined by 7.1 cents per gallon to $2.73 a gallon in the past week, according to GasBuddy. Patrick DeHaan, a senior petroleum analyst for GasBuddy, said gasoline prices should continue to fall at the pump, but regional variations will continue.
The big shareholder groups in Discover Financial Services (NYSE:DFS) have power over the company. Generally speaking...
The dominance of the Visa (NYSE:V) payment network continues to drive volumes and market share to the company. In this increasingly important industry, Visa stock is benefiting from the fact that its payment network processes about 61.2% of U.S. transactions.In a world that's using less cash, the credit-card industry will prosper, enabling Visa stock to remain a winner over the long-term. However, the question about V stock is not if it will go up, but if it remains a better buy than its peers. * 7 Dark Horse Stocks Winning the Race in 2019 Visa Stock Will Rise With Its IndustryIt's steady as she goes for Visa stock. Bolstered by the company's dominant market share and the continuing march towards a cashless society, V stock is continuing its slow, sustained move higher. After flirting with single-digit prices during the 2008 financial crisis, it began to move steadily higher. Today, it has risen more than 15-fold since that time. The Visa stock price has now surged to around $170.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs both myself and others have pointed out, Visa stock remains pricey. The company's growth and favorable business conditions have taken the forward price-earnings (PE) ratio of V stock above 27.4. However, the average PE ratio of V stock over the last five years is 32.9. Estimated earnings growth of 16.5% this year and its average earnings increase of 20.84% per year over the previous five years has helped to support the high multiples of V stock.Moreover, even market selloffs have resulted in relatively mild pullbacks by V stock. Between late September and the week of Christmas, Visa stock price fell by a little bit less than 20%. However, its PE ratio remained well in the 20s during that time. Also, like most stocks, it quickly recovered. For this reason, I would not expect any significant declines in Visa stock price anytime soon. Given these factors, the long-term owners of V stock should continue to hold onto their shares. Moreover, even at these levels, those buying V stock face few risks. Visa Stock Versus Its PeersThe only reason to not buy Visa stock may involve how well it compares to its key peers. Given the potential growth of cashless payments throughout the world, Mastercard (NYSE:MA), American Express (NYSE:AXP), and Discover Financial (NYSE:DFS) should also generate double-digit profit growth, despite their smaller market shares.However, after looking at card stocks' PE ratios and growth rates, it becomes clear that the market has been willing to support higher price-to-earnings-to growth (PEG) ratios for companies with higher market shares. Visa stock supports a PEG ratio of 1.9 versus only 1.75 for Mastercard. However, for this year, analysts, on average, predict Mastercard will report earnings growth of 17.4% versus only 16.5% for Visa. American Express, long a Warren Buffett favorite, trades at a PEG ratio of 1.57. AXP's expected profit growth comes in at only 10.8%. However, it has a much lower forward PE of around 13.5.Still, it is Discover Financial whose valuation stands out. Its PEG ratio comes in at only 0.7. It also supports a forward PE ratio of only about 8.2. Despite this single-digit multiple, analysts expect its profit to rise 12.4% this year.In some respects, DFS stock is cheap for a reason. It holds only a 2.2% share of card volumes, a decline from 2.3% last year. Visa remains the dominant player in this area, holding steady at 61.2%. However, in the current environment, all payment card companies will prosper.Moreover, since 2005, DFS has partnered with UnionPay, the dominant payment network in China. From a worldwide standpoint, UnionPay comes in second to only Visa on card volumes. The U.S.-China trade war may add a degree of uncertainty. However, with such an ally, DFS should continue to grow. The Bottom Line on Visa StockVisa stock will rise over the long-term, but some of its peers may fare better on a relative basis. V stock will likely remain expensive, but no major challenges have emerged to its dominance in the U.S. or to its double-digit earnings increases.When it comes to PEG ratios, Visa stock holds up well, slightly besting Mastercard and coming in only slightly higher than American Express's ratio. Still, value investors will find Discover Financial stock to be a relative bargain, as it could help a growing, China-based peer enter the U.S. market.As a result, investors who don't want to pay the high multiple carried by V stock have other choices. However,the owners of V stock will continue to benefit from Visa's U.S. dominance and the continuing move to a more cashless society.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Dark Horse Stocks Winning the Race in 2019 * 6 Chinese Stocks to Sell That Are Suffering From a Digital Ad Slowdown * 4 Technology Stocks Blasting Higher Compare Brokers The post Visa Stock May Not Be the Best Credit-Card Name appeared first on InvestorPlace.
Discover Financial (DFS) collaborates with Borica AD to facilitate the acceptance of Bcard's Global Cards outside Bulgaria on the Discover Global Network.
Discover Financial Services NYSE:DFSView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for DFS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DFS. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding DFS totaled $8.55 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Borica AD, owner of Bulgaria’s national payment scheme Bcard and Discover Financial Services, a leading direct bank and payments services company announced that they have signed a strategic agreement that will allow acceptance of Bcard’s Global Cards outside of Bulgaria on the Discover Global Network. To help provide safer international transactions, Bcard and Discover will collaborate on the integration of Discover’s EMV® contact, contactless and mobile solutions, D-PAS for international usage.
With the announcement of EMVCo’s release of the EMV® Secure Remote Commerce (SRC) Specification v1.0, Discover announces that it intends to have a functioning system in market later this year. “We are committed to supporting digital acceptance capabilities that help our partners and merchant community provide positive payment experiences to their customers,” said Ricardo Leite, vice president of global products and partnerships for Discover Global Network. “We remain actively engaged with other stakeholders to understand the market and uncertainties around SRC as we develop our own foundational components.
Discover Financial Services (DFS) today announced that R. Mark Graf, executive vice president and chief financial officer, has informed the company of his intent to retire in 2020. Graf will remain in his current role until a successor is appointed to ensure that management and the Board of Directors have the appropriate time to evaluate a full slate of candidates for the company’s next CFO. Graf will participate in the process and will remain an employee of the company until early 2020 to ensure a smooth transition for this critical role.
RIVERWOODS, Ill. and AMSTERDAM, June 4, 2019 /CNW/ -- Geoswift, a leading provider of cross-border payment solutions between China and the rest of the world, has partnered with Discover Global Network, the payments brand of Discover, allowing Geoswift's merchants to accept more methods of payment than ever before. Geoswift merchants will now have the ability to accept Discover, Diners Club International and affiliate network card payments. Whether customers wish to shop online or in brick and mortar stores or pay for travel expenses, this new relationship with Discover is another step forward for Geoswift's mission of providing the best cross-border frictionless payment solutions.
FOMO Pay, an award-winning integrated payment solution provider to merchants in Singapore and across the region, and Discover Global Network, announced a partnership to allow Discover Global Network cardholders the ability to use their cards at FOMO Pay’s merchants around the globe.
Cancelling your credit card has negative consequences to your credit rating and a new survey from Bankrate shows most people don't know that.
On the back of a steady revenue stream and high card sales volume, Discover Financial (DFS) holds enough potential to garner benefits for investors.
Discover Global Network, the payments brand of Discover, has signed an agreement with Sage, a market leader in cloud business management solutions, that provides cardholders more options to pay at key hospitality and retail merchants throughout the UK and Ireland. The agreement with Sage Pay gives Discover Global Network cardholders, which includes Discover, Diners Club and affiliate network cardholders, more options to pay for purchases whether it’s in-store or online. “Discover Global Network cardholders have spent more over the past year at merchants in the United Kingdom and Ireland and we expect to see that continue,” said Amy Parsons, senior vice president of global acceptance at Discover.
Discover (DFS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Micro vacations and trips planned with shorter notice are on trend for 2019