In Visa shares there is a correctional decline of 5.5% from the 52-week high of September 9. Since the beginning of June, the emitter’s quotes grew by 9%. The company announced the closure of the acquisition of Verifi, a technology leader in chargeback.
Within the previous week, the stock of Visa reduced by 3.00%. S&P500 went up by 0.66% within the same period.
Support and resistance
The current technical picture indicates a possible correction of the company’s shares after prolonged growth. A classic reversal formation (divergence of the price and MACD indicator) has formed in the trading instrument. At the moment, #V quotes are consolidating in the range of 174.00–180.00. The emitter has the potential to decline.
Indicators don’t give a clear signal: the price has consolidated below MA(50) and MA(200); MACD histogram has consolidated in the negative zone. Positions are to be opened from key levels.
Comparing company’s multiplier with its competitors in the industry, we can say that #V shares are undervalued.
Support levels: 174.00, 168.00, 165.00.
Resistance levels: 180.00, 187.00.
If the price consolidates below the support level of 174.00, #V may correct. Potential profits should be locked in by orders at 168.00, 162.00, and 157.00. Stop loss – 180.00.
If the price consolidates over 180.00, one should consider buying the company’s shares. The target movement level will be 190.00–195.00. Stop loss – 174.00.
Implementation period: 3 days.
Visa Inc. operates. as a payments technology company worldwide. The company facilitates commerce by transferring value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables them to authorize, clear and fix payment transactions; and provides fraud protection to account holders and ensures payment to purchasers. In addition, the company provides card products, as well as value-added services. It provides its services under the brands of Visa, Visa Electron, Interlink, PAY, V and PLUS. Visa Inc. was established. in 1970 and has its headquarters in San Francisco, California.
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|Apr-21-17||Reiterated||RBC Capital Mkts||Outperform||$97 → $98|
|Feb-03-17||Reiterated||Stifel||Buy||$93 → $105|
|Jan-20-17||Upgrade||Wedbush||Neutral → Outperform||$77 → $96|
|Dec-15-16||Upgrade||BofA/Merrill||Neutral → Buy|
|Dec-05-16||Upgrade||Guggenheim||Neutral → Buy|
|Index||DJIA S&P500||P/E||35.26||EPS (ttm)||5.00||Insider Own||0.10%||Shs Outstand||2.18B||Perf Week||-3.00%|
|Market Cap||384.19B||Forward P/E||28.11||EPS next Y||6.27||Insider Trans||-8.25%||Shs Float||1.72B||Perf Month||-0.09%|
|Income||11.48B||PEG||2.22||EPS next Q||1.43||Inst Own||96.40%||Short Float||1.58%||Perf Quarter||3.86%|
|Sales||22.27B||P/S||17.25||EPS this Y||58.30%||Inst Trans||-0.35%||Short Ratio||4.04||Perf Half Y||13.65%|
|Book/sh||13.53||P/B||13.02||EPS next Y||15.95%||ROA||16.30%||Target Price||201.33||Perf Year||19.29%|
|Cash/sh||5.12||P/C||34.37||EPS next 5Y||15.87%||ROE||39.70%||52W Range||121.60 – 187.05||Perf YTD||33.48%|
|Dividend||1.00||P/FCF||42.22||EPS past 5Y||18.50%||ROI||23.20%||52W High||-6.08%||Beta||0.96|
|Dividend %||0.57%||Quick Ratio||1.70||Sales past 5Y||11.80%||Gross Margin||–||52W Low||44.47%||ATR||3.64|
|Employees||17000||Current Ratio||1.70||Sales Q/Q||11.50%||Oper. Margin||65.90%||RSI (14)||44.28||Volatility||1.89% 1.67%|
|Optionable||Yes||Debt/Eq||0.00||EPS Q/Q||36.40%||Profit Margin||51.50%||Rel Volume||0.75||Prev Close||176.11|
|Shortable||Yes||LT Debt/Eq||0.57||Earnings||Oct 22 AMC||Payout||18.40%||Avg Volume||6.76M||Price||175.68|