Visa (V) Earns News Impact Score of -3.50
News stories about Visa (NYSE:V) have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than 6,000 blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Visa earned a news sentiment score of -3.50 on their scale. InfoTrie also assigned media coverage about the credit-card processor an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the next few days.
These are some of the news stories that may have effected Visa’s ranking:
- Dancer denied visa to perform at Seattle theater this weekend – KUOW News and Information (kuow.org)
- Visa or Mastercard: Which Stock Looks Better Post Results? – Nasdaq (nasdaq.com)
- WATCH LIVE: Trump immigration speech to focus on changes to visa, green card systems – PBS NewsHour (pbs.org)
- H-1B: S.F. tech firm sues feds over denied visa for Indian man with U.S. master’s degree – The Mercury News (mercurynews.com)
- Philippe Laffont’s Top 5 Buys of the 1st Quarter (finance.yahoo.com)
V has been the subject of a number of research reports. Robert W. Baird set a $182.00 target price on Visa and gave the stock an “outperform” rating in a report on Wednesday, May 8th. Zacks Investment Research cut Visa from a “buy” rating to a “hold” rating and set a $179.00 target price for the company. in a report on Saturday, May 11th. UBS Group increased their target price on Visa from $146.00 to $183.00 and gave the stock a “neutral” rating in a report on Thursday, May 2nd. Goldman Sachs Group restated a “buy” rating and issued a $188.00 price objective on shares of Visa in a report on Thursday, May 2nd. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $181.00 price objective on shares of Visa in a report on Sunday, April 28th. Two research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $177.42.
Visa (NYSE:V) last posted its quarterly earnings results on Wednesday, April 24th. The credit-card processor reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.07. Visa had a return on equity of 40.56% and a net margin of 51.34%. The business had revenue of $5.49 billion during the quarter, compared to analysts’ expectations of $5.46 billion. During the same quarter last year, the company posted $1.11 earnings per share. Visa’s quarterly revenue was up 8.3% on a year-over-year basis. As a group, sell-side analysts predict that Visa will post 5.38 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 4th. Investors of record on Friday, May 17th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date of this dividend is Thursday, May 16th. Visa’s payout ratio is currently 21.69%.
In other Visa news, EVP William M. Sheedy sold 75,676 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were sold at an average price of $165.24, for a total transaction of $12,504,702.24. Following the completion of the sale, the executive vice president now directly owns 300,114 shares in the company, valued at $49,590,837.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Tullier Kelly Mahon sold 91,046 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $156.29, for a total transaction of $14,229,579.34. Following the sale, the executive vice president now owns 120,602 shares of the company’s stock, valued at $18,848,886.58. The disclosure for this sale can be found here. Insiders have sold 188,202 shares of company stock valued at $29,962,762 in the last quarter. 0.17% of the stock is currently owned by corporate insiders.
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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