Somewhat Critical Press Coverage Somewhat Likely to Impact Visa (V) Stock Price

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Media coverage about Visa (NYSE:V) has trended somewhat negative recently, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Visa earned a news sentiment score of -1.17 on their scale. InfoTrie also assigned media stories about the credit-card processor an news buzz score of 6 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company’s share price in the next several days.

These are some of the media stories that may have effected Visa’s ranking:

Shares of Visa stock traded down $0.61 during trading hours on Friday, hitting $138.06. The company’s stock had a trading volume of 5,838,502 shares, compared to its average volume of 9,974,263. Visa has a 12-month low of $111.02 and a 12-month high of $151.56. The company has a market capitalization of $279.18 billion, a price-to-earnings ratio of 29.95, a PEG ratio of 1.50 and a beta of 1.06. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.58.

Visa (NYSE:V) last posted its earnings results on Wednesday, October 24th. The credit-card processor reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.01. The company had revenue of $5.43 billion for the quarter, compared to the consensus estimate of $5.44 billion. Visa had a return on equity of 38.00% and a net margin of 49.98%. On average, equities analysts expect that Visa will post 5.33 earnings per share for the current year.

A number of research analysts have issued reports on V shares. Piper Jaffray Companies restated an “overweight” rating and issued a $178.00 price objective on shares of Visa in a research note on Friday, December 21st. Barclays started coverage on Visa in a research report on Wednesday, November 14th. They set an “overweight” rating and a $170.00 price target on the stock. BMO Capital Markets increased their price objective on Visa from $187.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 25th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $166.00 price target on shares of Visa in a report on Thursday, October 25th. Finally, Credit Suisse Group raised their price target on Visa from $150.00 to $164.00 and gave the company an “outperform” rating in a report on Monday, October 8th. Two analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. Visa has an average rating of “Buy” and a consensus price target of $158.10.

In other Visa news, EVP William M. Sheedy sold 13,864 shares of the firm’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $144.97, for a total value of $2,009,864.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP James H. Hoffmeister sold 2,252 shares of Visa stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $144.56, for a total transaction of $325,549.12. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 119,395 shares of company stock worth $16,697,489. Company insiders own 0.17% of the company’s stock.

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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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