V - Visa Inc.
| Previous Close | 160.44 |
| Open | 160.93 |
| Bid | 159.85 x 900 |
| Ask | 160.15 x 900 |
| Day's Range | 159.00 - 161.10 |
| 52 Week Range | 119.37 - 161.10 |
| Volume | 7,740,663 |
| Avg. Volume | 8,404,398 |
| Market Cap | 351.881B |
| Beta (3Y Monthly) | 0.88 |
| PE Ratio (TTM) | 34.45 |
| EPS (TTM) | 4.65 |
| Earnings Date | Apr 24, 2019 |
| Forward Dividend & Yield | 1.00 (0.64%) |
| Ex-Dividend Date | 2019-02-14 |
| 1y Target Est | 168.00 |
- Investopedia•2 hours ago
Visa vs. MasterCard: What's the Difference?
Visa and MasterCard are two of the most widely used credit card brands, but are the differences between the two significant enough to influence consumers?
- MarketWatch•6 hours ago
Visa board elects CEO Kelly as chairman
Visa Inc. said late Friday its board elected Chief Executive Alfred Kelly as chairman. Kelly's chairmanship was effective on Tuesday, Visa said. Kelly succeeds Robert Matschullat as chairman, and Matschullat will continue to serve as the board's finance committee chair. Kelly has been Visa's CEO since December 2016.
- Business Wire•6 hours ago
Visa’s Board of Directors Elects Visa CEO Al Kelly as Chair
Visa Inc. (NYSE:V) today announced that its Board of Directors has unanimously elected Alfred F. Kelly, Jr. as Chair of the Board, effective as of April 16, 2019. Mr. Kelly will continue to serve as Visa’s Chief Executive Officer, a role he has held since December 2016. Mr. Kelly will succeed Robert (Bob) Matschullat as Chair of the Board.
- Motley Fool•11 hours ago
3 Top Artificial Intelligence Stocks to Watch in April
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Bloomberg•yesterdayPinterest, Zoom Video Debuts Set Pace for Unicorns' IPO Derby
Zoom’s dizzying ascent -- its shares rose as much as 83 percent before closing up 72 percent -- left founder and Chief Executive Officer Eric Yuan lamenting the high price and the pressure it puts on the company. Just two years ago, Zoom was valued at only $1 billion in a private funding round. “The price is too high,’’ Eric Yuan said in an interview with Bloomberg TV.
- Bloomberg•yesterday
Zoom Video CEO Wishes Shares Didn't Soar Quite So High in Debut
“The price is too high,’’ Eric Yuan said in an interview with Bloomberg TV on Thursday. Shares of the video-conferencing service rose as much as 83 percent above its initial public offering price, and closed up 72 percent at $62 at in New York, valuing the company at $15.9 billion. The jump in the shares puts Zoom’s valuation above that of two companies that raised more money in their recent IPOs.
- InvestorPlace•yesterday
Why You Should Buy and Hold American Express Stock
Although this year the stock market sentiment is in a much better state, the banks still have their reputation that they cannot hold their rallies. But therein lies part of the opportunity in American Express (NYSE:AXP) stock today.Source: Marcus Quigmire Via FlickrThis round of bank earnings has so far gone much better than the last one. There is some chatter about a sustainable rally in their stocks. On Tuesday we even saw a flip from red to green in stocks like Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM).This hasn't happened in a while, so perhaps the trend that banks can't hold their greens is dying. If so then this will provide a lift to AXP stock as well.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, transaction companies like AXP, Visa (NYSE:V), MasterCard (NYSE:MA) and Square (NYSE:SQ) rally in sympathy with money center banks. So if the Financial Select Sector SPDR Fund (NYSEARCA:XLF) rallies then so will the transactors like AXP.In addition, AXP is an excellent financial stock that has proven over the years that they can manage through adversity. Case in point was the debacle over losing the Costco (NASDAQ:COST) account. The stock suffered for a while but has since set new all-time highs.I was lucky to ride the last mega breakout in AXP from the December lows. American Express rallied over 25% so today I am trying to catch the next opportunity. Usually, I consider these technical opportunities tactical trades but this one doubles as a long term conviction investment. This is a stock I want to own for the long term. * 10 Best Stocks to Buy and Hold Forever The reaction this morning is slightly negative from the earnings. Management reported a boring quarter where they barely beat the bottom line and narrowly missed sales. The forward guidance was in line so they gave traders nothing to cheer. So AXP will move in line with the overall equity market for now.So if this rally in stocks continues, then AXP stock has the opportunity to break out from $114.40 to target another $10 run from there. There will be resistance there but if the bulls can close above it then the bears will be tired so the stock will overshoot higher.The macroeconomic condition still favors the bullish thesis. We do have threats from lingering headlines of tariff wars. But as we approach another round of elections means that those deals will happen so we go back to trading the profit and loss statements rather than headlines.Most importantly, the threat from the Federal Reserve inverting the curve has disappeared. They have affirmed that they won't cause the short term rates rise above the long term rates so this relives fears for banks. The steeper the curve the better are their profits.For American Express stock, the short term price action from the earnings headline is meaningless for the long term. All global transactions will be electronic so the demand on their services will continue to increase. There are only but a few companies that serve this market and they are a global household name. So they are well set to continue to prosper for years.Then there is the China market opportunity. The U.S. and China are nearing a deal where companies like AXP could have a new opportunity become available in the largest market on the planet.The short term technical threat for AXP stock is at $108 per share. If the bears push price below it they could target $102 per share. This is not a forecast but it is a scenario that could unfold in the next few weeks. But even then, this won't change the overall opportunity for the long term.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Why You Should Buy and Hold American Express Stock appeared first on InvestorPlace.
Market Realist•yesterdayBerkshire-Backed StoneCo Tumbles after ITUB Ups Ante
Berkshire-Backed StoneCo Tumbles after ITUB Ups AnteStoneCoStoneCo (STNE) was trading down 27.6% as of 1:30 PM ET. The negative price action was driven by an announcement by Itaú Unibanco Holding (ITUB). Reuters reported, “Rede, Itaú’s card
- Investopedia•yesterday
American Express Trading Higher After Solid Quarter
American Express stock is trading at a four-week high after earnings but could relinquish gains in the coming sessions.
- Business Wire•2 days ago
Visa and Wave Join Forces to Improve Cash Flow Management for Small Businesses
Visa (NYSE:V), and Wave, the financial platform for millions of small business owners, today announced a new, limited release payments solution that aims to transform the way small businesses manage their cash flow and provide merchants quicker access to funds. Utilizing Worldpay’s acquiring platform, Wave’s new Instant Payouts feature integrates Visa Direct, Visa’s real-time1 push payments solution, into Wave’s comprehensive small business financial platform, enabling faster access to money earned. In addition, 85% of small business respondents say they would switch to a new merchant acquirer who offered real-time payments3.
- Investing.com•2 days ago
Crypto Prices Edge Up; CoinMarketCap to Launch Crypto Benchmark Indices
Investing.com - Prices of the major cryptocurrencies edged up on Thursday in Asia. Reports that CoinMarketCap will launch two cryptoucurrency benchmark indices received some attention.
- Market Realist•2 days ago
Why Qualcomm Is among Steve Cohen’s Top Bets
Could Apple and Qualcomm’s Settlement Mean Upside for Point72?Steve Cohen’s Point72 Management Steve Cohen is a very high-profile investor whose SAC capital returned 30% annually for more than 20 years. In 2012, the firm was found guilty of
- InvestorPlace•2 days ago
Going Into Earnings, Is Visa Stock Everywhere You Want It to Be?
Visa (NYSE:V) is slated to reports its second-quarter earnings on Apr. 24 after the market closes. The payments processing giant continues to build market share and establish a reputation for beating earnings estimates, enabling Visa stock to trade near its all-time highs.Source: Shutterstock However, the company has begun to lose one high-profile customer. Moreover, a well-funded competitor has entered the credit-card business. Those developments could cause some owners of V stock to question its rising price-earnings multiple. * 7 Stocks to Buy for Spring Season Growth Although those issues don't pose an immediate threat to Visa's dominance, they could make investors think twice about buying Visa stock at its current levels.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Visa Should Beat Analysts' Estimates, But Is That Enough?For the second quarter, analysts on average expects Visa's earnings per share to come in at $1.24. If Visa hits that target, its EPS will have risen 11.7% year-over-year. Analysts' consensus revenue estimate is $5.46 billion, versus the $5.07 billion of revenue that the company reported in the same quarter of 2018.Since V has exceeded analysts' consensus earnings expectations in each of the previous four quarters, its Q2 results will probably beat the consensus outlook as well. As our society continues to increasingly give up cash, Visa and its peers should continue to benefit from that trend.Furthermore, Visa continues to gain market share from archrival Mastercard (NYSE:MA) as well as peers such as American Express (NYSE:AXP) and Discover (NYSE:DFS). As late as the third quarter of last year, Visa claimed more than 61% of total U.S. card volume. That makes Visa stock a compelling long-term buy on any pullback, even if the company's Q2 results are surprisingly negative.However, I see signs that the short-term outlook of Visa is not entirely positive. The price-earnings ratio of Visa stock now stands at around 34.5. That comes in slightly ahead of the long-term average multiple of V stock, which is about 32.6. Since Visa's profit is expected to increase 15.2% this year, I think Visa stock price is mildly overvalued.Meanwhile, V stock looks less than compelling when investors can buy AXP stock at about 14 times its earnings. By buying AXP, whose profits are expected to rise 11% this year, traders obtain about 72% of the growth of Visa at around 40% of the price. Visa Stock Faces Rising ThreatsAlso, Visa has used its dominant position to raise the fees that it charges merchants. That has prompted Kroger (NYSE:KR) to refuse to accept Visa cards at some of its locations. For now, Kroger is only refusing to accept Visa's credit cards at 21 of its Foods Co. stores in California. However, it will soon extend this ban to both its Smith's Food and Drug stores and its fuel centers in seven states.That places V in an awkward position. If Kroger stops accepting Visa at all of its stores or if other retailers start refusing to accept Visa cards at some of their stores, Visa's revenues could meaningfully drop. However, if Visa relents and lowers its fees, that will likely reduce its profits, negatively impacting Visa stock.Moreover, Apple (NASDAQ:AAPL) has partnered with Goldman Sachs (NYSE:GS) and Mastercard on its new Apple Card. At first glance, the card provides some benefits, such as faster cash-back rewards and enhanced security, since it does not use numbers.Still, it appears that the card will limit most of those benefits to consumers who are already using Apple's iOS ecosystem. For that reason, I would not expect the Apple Card to supplant Visa's dominant position. However, Apple Card could take market share from Visa, negatively impacting the Visa stock price. Concluding Thoughts on Visa StockAlthough Visa will more than likely post higher-than-expected earnings and revenue, emerging competitive threats could create doubts about Visa stock.Meanwhile, the valuations of Visa stock have begun to climb above their long-term averages. Also, Visa's rising fees have started to prompt merchants to push their customers to other cards. Furthermore, the Apple Card will give consumers another reason to avoid Visa.Despite the new threats, Visa stock should continue to benefit from double-digit profit growth. However, retailers and customers will take advantage of the lower fees of Visa's peers. Also, traders can invest in a credit-card network at a much lower multiple by buying AXP stock.As a result, the driving force of Visa stock could be the rising threats of better alternatives for multiple players. That does not mean investors should sell Visa stock. But investors still need to account for those dangers when they're considering buying V stock.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 * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Going Into Earnings, Is Visa Stock Everywhere You Want It to Be? appeared first on InvestorPlace.
- Zacks•2 days ago
Visa (V) Reports Next Week: Wall Street Expects Earnings Growth
Visa (V) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Market Realist•3 days ago
Visa: Analysts Are Bullish before Its Earnings
What to Expect from Visa's Q2 Earnings(Continued from Prior Part)Price revisions in April Visa (V) has seen three upward revisions in its target price in April. On April 10, Cowen increased its target price for Visa from $161 to $177. On April 8,
- TheStreet.com•3 days ago
Amazon, Visa and Caterpillar Report Earnings Next Week - Here's What to Expect
Spring earnings season is in full swing, and investors are getting a clearer look at their favorite stock's true market position. stock surged after the bank's first-quarter earnings beat analysts' expectations by 30 cents a share. stock is already showing strong growth, up 21% this year and outpacing the S&P 500's 15% gain.
- Investing.com•3 days ago
Crypto Prices Rise; Visa and Coinbase to form partnership
Investing.com - Cryptocurrencies prices rose on Wednesday in Asia. News that Visa (NYSE:V) and Coinbase are forming a partnership to launch a cryptocurrency card received some attention.
- Market Realist•3 days ago
How Visa Stock Might Perform until Its Earnings
What to Expect from Visa's Q2 Earnings(Continued from Prior Part)Visa’s implied volatilityLet’s take a look at how Visa (V) stock might perform until its earnings release on April 24. The implied volatility in Visa fell by ~12.5 percentage
- Market Realist•3 days ago
What Might Drive Visa’s Q2 Earnings Growth?
What to Expect from Visa's Q2 Earnings(Continued from Prior Part)Key indicators Economic growth, consumer spending, retail sales, and revolving credit growth are some of the key indicators that impact card companies’ performance. Let’s take a
- Market Realist•3 days ago
Will Visa Exceed Its Earnings Estimates Again?
What to Expect from Visa's Q2 EarningsVisa Visa (V) is scheduled to report its second-quarter earnings on April 24. In the quarter ending December 31, Visa reported 7% sequential and 20% YoY (year-over-year) growth in its EPS. The strong earnings
- InvestorPlace•3 days ago
AXP Earnings Look Key for American Express Stock
It seems overly anxious to argue that American Express (NYSE:AXP) stock needs big first-quarter results. After all, American Express stock is doing just fine, even if it's been quiet.Source: Shutterstock AXP stock did dip sharply in December, but it's recovered those losses. Over the last year, American Express stock has gained nearly 17%, and it has more than doubled in the last three-plus years. * 7 Dental Stocks to Buy That Will Make You Smile Still, AXP earnings, due to be reported on Thursday morning, do look reasonably important. The outlook of AXP stock still seems somewhat skeptical, if not outright bearish. Investors are worried about its growth and market share. Its Q4 earnings were disappointing, but the market quickly moved on and kept pushing American Express stock higher. Investors may not be so forgiving if AXP earnings are disappointing again on Thursday.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAXP stock has twice failed to break through resistance at about $113, and the average Street price target for American Express stock of $118 suggests an increase of just 6% from its current level.A "beat and raise" Q1 would likely cause analysts to raise their price targets on AXP stock, leaving AXP well-positioned to reach new highs. If AXP earnings miss expectations, however, investors may have concerns about AXP's growth, causing American Express stock to at best trade sideways, as it has for nearly seven months now.As a result, Thursday's earnings do seem to be important for American Express stock, and investors should review them closely. Expectations for AXP EarningsWall Street is expecting a moderately slow start to the year for American Express. Analysts' consensus revenue estimate projects just 7.6% year-over-year, top-line growth, below the company's full-year guidance of 8%-10%. The company's margins are expected to be pretty much flat, and analysts on average expect its earnings per share to come in at $1.98, up 6.5% year-over-year.That, too suggests improvement over the rest of the year. Consensus for 2019 as a whole is modestly above the midpoint of the company's guidance, and projects 11% EPS growth.That's good news for AXP stock. AXP is not exactly in a "no-lose" situation, but analysts already expect its growth to accelerate as the year goes on. An in-line quarter, or even a modest miss, won't necessarily endanger that outlook.On the other hand, if AXP results solidly beat expectations, its outlook may get more interesting. Under that scenario, American Express will have started the year strongly, and will still have the same room for improvement during the rest of the year. Full-year growth estimates may well get raised, and the earnings multiple assigned to American Express stock can also rise. If that occurs, AXP can reach new highs. AXP Stock and the Post-Earnings CallThat said, the numbers aren't going to be the only aspect of the release to which investors will pay close attention. American Express re-upped its partnership with Delta Air Lines (NYSE:DAL) earlier this month. That was a big win for AmEx, which already had lost co-branding agreements with Costco Wholesale (NASDAQ:COST) and JetBlue Airways (NASDAQ:JBLU).But American Express had to pay up for the win. It was Delta stock that soared on the news, given that its payments from the deal will double in five years. The end results of that negotiation certainly suggests that American Express' edge over rivals Visa (NYSE:V) and Mastercard (NYSE:MA) has narrowed.So investors will have concerns about AXP's cost and market share Visa and Mastercard simply are growing faster than AmEx. And the main concern about American Express - and the reason AXP stock is so much cheaper than V and MA - is that at some point, its earnings simply are going to stall out. The entrance of Apple (NASDAQ:AAPL) into the space only adds to those worries.There likely will be some questions about the Delta deal and the kind of returns American Express expects on the resulting $3 billion-plus increase in annual spending. Analysts will want management's take on the Apple Card as well. AmEx needs to answer those questions well, and it needs to convince analysts and investors that its place in the credit-card industry is secure. Be Careful With American Express StockAll told, AXP's Q1 results do seem poised to change the outlook of AXP stock. A beat-and-raise quarter will suggest that AXP's growth remains intact, making the 12.4 forward, price-earnings multiple of AXP stock seem awfully cheap. Any weakness - whether in the company's results or its guidance - will cause investors to ask if fears about AXP's growth are reasonable.That doesn't mean AXP stock is going to move 10% or more on Thursday; AXP simply isn't that type of stock. Rather, AXP's Q1 earnings could shape how American Express stock trades over the next two months and determine whether AXP stock can finally break through resistance.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post AXP Earnings Look Key for American Express Stock appeared first on InvestorPlace.
- Zacks•3 days ago
MoneyGram Partners KyckGlobal to Serve Gig Economy Workers
MoneyGram (MGI) collaborates with fintech company KyckGlobal to facilitate fast cash payments to gig economy workers.
- Zacks•4 days ago
The Zacks Analyst Blog Highlights: JPMorgan, Visa, Chevron, TJX and General Dynamics
The Zacks Analyst Blog Highlights: JPMorgan, Visa, Chevron, TJX and General Dynamics
- Zacks•4 days ago
Visa (V) Gains As Market Dips: What You Should Know
Visa (V) closed at $160.33 in the latest trading session, marking a +0.43% move from the prior day.
- Yahoo Finance Video•4 days ago
Market Recap for Monday, April 15
Stocks dipped on Monday, weighed by big bank results that investors found wanting. Two big bank stocks reported mixed earnings Monday morning, Goldman Sachs and Citigroup, with their results weighed by a soft trading revenues. Meanwhile, 6 Dow components hit record highs.
