Streetbeat News

Visa Inc.

https://usa.visa.com

Industry

Financial - Credit Services

Visa Inc. operates as a payments technology company worldwide. The company facilitates digital payments among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. In addition, the company offers card products, platforms, and value-added services. It provides its services under the Visa, Visa Electron, Interlink, VPAY, and PLUS brands. Visa Inc. has a strategic agreement with Ooredoo to provide an enhanced payment experience for Visa cardholders and Ooredoo customers in Qatar. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.

Open

327.21

Mkt cap

648B

Volume

7.8M

High

332.77

P/E Ratio

33.45

52-wk high

366.54

Low

326.38

Div yield

0.01

52-wk low

252.70

The article provides a comprehensive analysis of Visa (NYSE:V) and its key competitors in the Financial Services industry. It highlights Visa's financial metrics, market position, and growth prospects, comparing them with those of its peers. Key takeaways include Visa's low PE ratio, high PB and PS ratios, strong ROE, EBITDA, and gross profit, but lower revenue growth compared to the industry average.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 3:00 pm

Mastercard has entered a multi-year agreement with Synchrony Financial and Virgin Red to launch a new Virgin Red Rewards World Elite Mastercard credit card in the second half of 2024. Synchrony will be the exclusive U.S. issuer, and Mastercard will be the exclusive payments network. The card will offer Virgin Points on various purchases. Mastercard's stock has gained 22% in the last 12 months.

Portfolio Pulse from Lekha Gupta

May 23, 2024 | 2:31 pm

Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA) are under scrutiny by the UK's Payment Systems Regulator (PSR) for increasing fees on retailers without corresponding service improvements. The PSR's provisional findings indicate a lack of competition in the market, leading to significant fee hikes over the past five years. The PSR has suggested several remedies for public consultation, with a final report expected in the last quarter of the year.

Portfolio Pulse from Shivani Kumaresan

May 21, 2024 | 12:15 pm

Financial giants have shown a bearish sentiment towards Visa (NYSE:V) through significant options trades. Analysis reveals 60% bearish and 30% bullish tendencies among traders. Visa's stock is currently trading at $279.0, down by 0.39%, with a consensus target price of $299.8 from market experts.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 7:30 pm

The New York Fed's latest report highlights rising credit card delinquency rates, particularly among Gen Z consumers. High utilization rates and enduring inflation are contributing factors. This trend poses challenges for credit card companies like American Express, Visa, Capital One, and Mastercard, as well as financial institutions such as J.P. Morgan Chase and Citigroup.

Portfolio Pulse from Hayden Buckfire

May 17, 2024 | 7:20 pm

Visa (NYSE:V) has significantly outperformed the market over the past decade, delivering an average annual return of 18.23%. A $100 investment in Visa 10 years ago would now be worth $539.17, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 16, 2024 | 8:00 pm

Visa Inc (NYSE:V) is launching new technology to enhance its e-commerce position, including detailed customer preference sharing and a facial recognition payment system. Visa is also partnering with Affirm Holdings Inc (NASDAQ:AFRM) to simplify payment processes. Visa stock has gained over 22% in the last 12 months.

Portfolio Pulse from Anusuya Lahiri

May 16, 2024 | 1:31 pm

The Nasdaq 100 closed higher by around 1.5% on Wednesday. Notable insider sales were observed in Progress Software, Visa, Hubbell, and NetApp. Insider sales can indicate various factors, including preplanned sales or concerns about the company's prospects.

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 12:20 pm

Visa has introduced new products and services at the Annual Visa Payments Forum in San Francisco, aiming to enhance its offerings and maintain its competitive edge in the payments industry.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:06 pm

Significant bullish options activity has been detected for Visa (NYSE:V), with 48% of trades being bullish and 41% bearish. The majority of trades are calls, indicating a positive sentiment among large investors. Analysts have mixed ratings, with target prices ranging from $275 to $322.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 7:45 pm

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