$0.97 EPS Expected for Visa Inc. (V)

January 22, 2018 - By Nellie Frank

 $0.97 EPS Expected for Visa Inc. (V)
Investors sentiment decreased to 1 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2. It turned negative, as 48 investors sold Visa Inc. shares while 617 reduced holdings. 142 funds opened positions while 524 raised stakes. 1.64 billion shares or 1.45% less from 1.66 billion shares in 2017Q2 were reported.
Nbt Savings Bank N A Ny holds 0.1% of its portfolio in Visa Inc. (NYSE:V) for 6,131 shares. Mckinley Cap Management Limited Co Delaware has invested 1.25% of its portfolio in Visa Inc. (NYSE:V). Ascend Capital Llc has invested 0.36% in Visa Inc. (NYSE:V). Carroll Fincl Associates holds 0.14% or 11,477 shares in its portfolio. Bedrijfstakpensioenfonds Voor De Media Pno holds 2.92% of its portfolio in Visa Inc. (NYSE:V) for 247,000 shares. 574,768 were accumulated by Envestnet Asset Inc. Retirement Sys Of Alabama invested 0.67% in Visa Inc. (NYSE:V). Gsa Cap Llp holds 0.04% or 5,981 shares in its portfolio. Olstein Capital Mgmt Limited Partnership reported 75,000 shares. The New York-based Riverpark Llc has invested 5.21% in Visa Inc. (NYSE:V). The North Carolina-based Atria Investments Ltd Liability Com has invested 0.18% in Visa Inc. (NYSE:V). Miracle Mile Advsr Ltd reported 7,492 shares. Capstone Financial Advsrs has invested 0.22% in Visa Inc. (NYSE:V). Price T Rowe Assocs Md invested in 83.34 million shares. Guardian stated it has 30,773 shares or 1.68% of all its holdings.

Since August 17, 2017, it had 0 insider buys, and 3 selling transactions for $7.43 million activity. On Wednesday, December 13 the insider MATSCHULLAT ROBERT W sold $707,561. Shares for $5.65M were sold by MAHON TULLIER KELLY on Friday, December 15.

Analysts expect Visa Inc. (NYSE:V) to report $0.97 EPS on February, 1.They anticipate $0.11 EPS change or 12.79 % from last quarter’s $0.86 EPS. V’s profit would be $2.20B giving it 31.62 P/E if the $0.97 EPS is correct. After having $0.90 EPS previously, Visa Inc.’s analysts see 7.78 % EPS growth. The stock decreased 0.33% or $0.41 during the last trading session, reaching $122.7. About 8.25M shares traded or 7.19% up from the average. Visa Inc. (NYSE:V) has risen 20.29% since January 22, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Visa Inc. (NYSE:V) Ratings Coverage

Among 40 analysts covering Visa Inc. (NYSE:V), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Visa Inc. had 104 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse downgraded the stock to “Hold” rating in Tuesday, October 3 report. The rating was maintained by Instinet with “Buy” on Friday, July 21. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Wednesday, October 18 by KeyBanc Capital Markets. The rating was maintained by Cowen & Co with “Buy” on Friday, July 14. Stephens maintained the stock with “Buy” rating in Tuesday, January 9 report. Cowen & Co maintained Visa Inc. (NYSE:V) on Wednesday, October 11 with “Buy” rating. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Friday, February 3 by Stifel Nicolaus. RBC Capital Markets maintained it with “Outperform” rating and $87 target in Friday, January 29 report. The firm has “Buy” rating by Piper Jaffray given on Thursday, July 20. Bank of America maintained the stock with “Buy” rating in Friday, July 21 report.

Visa Inc. operates as a payments technology firm worldwide. The company has market cap of $278.06 billion. The firm facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It has a 43.82 P/E ratio. 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.

More notable recent Visa Inc. (NYSE:V) news were published by: Bloomberg.com which released: “Visa Won’t Require Signatures, a Move Wal-Mart Long Sought” on January 12, 2018, also Seekingalpha.com with their article: “Is Visa The Best Company Ever?” published on January 09, 2018, Fool.com published: “Better Buy: Visa Inc. vs. Square” on January 02, 2018. More interesting news about Visa Inc. (NYSE:V) were released by: Fool.com and their article: “A year to remember” published on January 18, 2018 as well as Businesswire.com‘s news article titled: “Visa Inc. To Announce Fiscal First Quarter 2018 Financial Results on February …” with publication date: January 04, 2018.

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