Visa (V) Getting Neutral News Coverage, Study Finds
Press coverage about Visa (NYSE:V) has been trending neutral recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing 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 nearest to five being the most favorable. Visa earned a daily sentiment score of 0.15 on their scale. InfoTrie also gave headlines about the credit-card processor an news buzz score of 9 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have effected Visa’s ranking:
- Trump’s proposed changes to visa policies adds to growing anxiety among international students (columbiaspectator.com)
- Ethiopia Eases Travel With ‘Visa-On-Arrival’ For African Travelers, Encouraging African Unity (atlantablackstar.com)
- DHS, DOL Propose Moving H-2 Visa Recruitment Online (law360.com)
- Africa in the news: New visa programs, kidnappings in Cameroon, and anti-gay campaign in Tanzania (brookings.edu)
- Reform America’s temporary work visa system (postandcourier.com)
Shares of V stock traded down $1.30 during trading hours on Friday, reaching $143.93. The stock had a trading volume of 8,339,049 shares, compared to its average volume of 11,957,102. The company has a quick ratio of 1.69, a current ratio of 1.61 and a debt-to-equity ratio of 0.58. Visa has a twelve month low of $106.60 and a twelve month high of $151.56. The stock has a market cap of $294.52 billion, a PE ratio of 31.22, a price-to-earnings-growth ratio of 1.57 and a beta of 1.11.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 4th. Investors of record on Friday, November 16th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, November 15th. This is a boost from Visa’s previous quarterly dividend of $0.21. Visa’s dividend payout ratio (DPR) is 18.22%.
V has been the topic of a number of research analyst reports. Morgan Stanley increased their price objective on shares of Visa from $142.00 to $165.00 and gave the company a “$140.13” rating in a research note on Thursday, July 19th. SunTrust Banks increased their target price on shares of Visa to $170.00 and gave the stock a “buy” rating in a report on Thursday, July 26th. They noted that the move was a valuation call. Loop Capital increased their target price on shares of Visa to $157.00 and gave the stock a “buy” rating in a report on Thursday, July 26th. They noted that the move was a valuation call. Bank of America increased their target price on shares of Visa from $146.00 to $155.00 and gave the stock a “buy” rating in a report on Tuesday, July 17th. Finally, Zacks Investment Research raised shares of Visa from a “hold” rating to a “buy” rating and set a $153.00 target price on the stock in a report on Tuesday, July 31st. Two research analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the stock. Visa has an average rating of “Buy” and an average target price of $155.47.
In related news, EVP William M. Sheedy sold 99,636 shares of the stock in a transaction dated Friday, November 2nd. The shares were sold at an average price of $139.28, for a total value of $13,877,302.08. Following the sale, the executive vice president now owns 296,925 shares of the company’s stock, valued at approximately $41,355,714. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.14% of the stock is owned by company insiders.
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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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