Stock Update: Visa Inc (NYSE:V) – Credit Services Equities Technical Coverage — Visa, Synchrony Financial, PayPal Holdings, and LendingClub

[Accesswire] – NEW YORK, NY / ACCESSWIRE / January 25, 2016 / Park Lane Advisor has initiated coverage on the following equities: Visa Inc. (NYSE: V), Synchrony Financial (NYSE: SYF), PayPal Holdings Inc. (NASDAQ: PYPL), … Read more on this. Visa Inc. (V) , valued at $175.82B, opened this morning at $72.76. Looking at the stock, its one day range is $71.92 to $72.80 with a trailing 52-week range being $60.00 to $81.01. V shares are currently priced at 25.33x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 22.02x forward p/e ratio. The company pays shareholders $0.56 per share annually in dividends, yielding 0.77%. Consensus earnings for the current quarter by the 32 sell-side analysts covering the stock is an estimate of $0.68 per share, which would be $0.05 better than the year-ago quarter and a $0.05 sequential decrease. Investors should also note that the full-year EPS estimate of $2.87 is a $0.25 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $3.62 Billion. If reported, that would be a 7.10% increase over the year-ago quarter. More recently, Sterne Agee CRT Initiated V at Buy (Dec 17, 2015). Previously, Credit Agricole Initiated V at to Outperform. Investors should keep in mind is that the average price target is $86.83, which is 19.34% above where the stock opened this morning. See more in (NYSE:V) Similar Articles: Company Update: Visa Inc (NYSE:V) – CFDFE, CFPA and Visa Partner to Promote Innovative Financial Inclusion Activities and Support Poverty Alleviation in China Stock Update (NYSE:V): Chase, Visa and United Airlines On Board for Multi-Year Extension to Credit Card Program Stock Update: Visa Inc (NYSE:V) – Visa Checkout Now Accepted at Pizza Pizza Online, on Any Device