The shares of Visa Inc. (NYSE:V) has been pegged with a rating of Buy by Jefferies in its latest research note that was published on January 29th, 2019. Jefferies wasn’t the only research firm that published a report of Visa Inc., with other equities research analysts also giving their opinion on the stock. Raymond James advised investors in its research note published on July 24th, 2018, to Outperform the V stock. The stock had earned Neutral rating from UBS when it published its report on May 18th, 2018. The stock was given Outperform rating by Bernstein in its report released on March 28th, 2018. Citigroup was of a view that V is Buy in its latest report on January 29th, 2018 while giving it a price target of $145. Citigroup thinks that V is worth Buy rating. This was contained in the firm’s report on January 12th, 2018 in which the stock’s price target was also moved to $136.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 18 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $163.86. The price of the stock the last time has raised by 32.76% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 68.11.
The shares of the company dipped by -0.16% during the trading session on Tuesday, reaching a low of $156.47 while ending the day at $157.49. During the trading session, a total of 6.35 million shares were traded which represents a 26.98% incline from the average session volume which is 8.70M shares. V had ended its last session trading at 157.75. Visa Inc. currently has a market cap of $345.99B, while its P/E ratio stands at 33.85, while its P/E earnings growth sits at 16.28, with a beta of 1.00. Visa Inc. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 1.50. V 52-week low price stands at $118.63 while its 52-week high price is $159.11.
The company in its last quarterly report recorded $1.30 earnings per share which is above the $1.25 predicted by most analysts. The Visa Inc. generated $5,506.00 million in revenue during the last quarter, which is slightly higher than the $5,411.18 million predicted by analysts. In the second quarter last year, the firm recorded $1.21 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 6.92%. Visa Inc. has the potential to record 4.65 EPS for the current fiscal year, according to equities analysts.
Investment analysts at RBC Capital Mkts published a research note on March 28th, 2019 where it informed investors and clients that Western Digital Corporation (NASDAQ:WDC) is now rated as Outperform. Their price target on the stock stands at $55. Raymond James also rated WDC as Resumed on July 24th, 2018, with its price target of $35 suggesting that WDC could surge by 11.59% from its current share price. Even though the stock has been trading at $51.59/share, analysts expect it to surge higher by -2.87% to reach $56.68/share. It started the day trading at $51.88 and traded between $50.00 and $50.11 throughout the trading session.
A look at its technical shows that WDC’s 50-day SMA is 48.41 while its 200-day SMA stands at 53.82. The stock has a high of $92.30 for the year while the low is $33.83. The company’s P/E ratio currently sits at 17.39, while the P/B ratio is 1.33. At the moment, only of Western Digital Corporation shares were sold short. The company’s average trading volume currently stands at 7.44M shares, which means that the short-interest ratio is just 2.67 days. Over the past seven days, the company moved, with its shift of -0.54%. Looking further, the stock has raised 31.49% over the past 90 days while it lost -10.76% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more WDC shares, increasing its portfolio by +0.78% during the last quarter. This move now sees The Vanguard Group Inc purchasing 242,290 shares in the last quarter, thus it now holds 31,171,628 shares of WDC, with a total valuation of $1,498,108,442. BlackRock Fund Advisors meanwhile bought more WDC shares in the recently filed quarter, changing its stake to $712,664,198 worth of shares. SSgA Funds Management Inc followed the path by decreasing its WDC portfolio by -0.02% in the quarter. This means that SSgA Funds Management Inc sold -1,822 shares in the last quarter and now controls 11,859,416 shares of the WDC stock, with the valuation hitting $569,963,533.
Similarly, ClearBridge Investments LLC decreased its Western Digital Corporation shares by -3.05% during the recently filed quarter. After selling -272,252 shares in the last quarter, the firm now controls 8,659,969 shares of Western Digital Corporation which are valued at $416,198,110. In the same vein, SunAmerica Asset Management LLC increased its Western Digital Corporation shares by during the most recent reported quarter. The firm bought 7,081,673 shares during the quarter which increased its stakes to 7,444,864 shares and is now valued at $357,800,164. Following these latest developments, around 0.30% of Western Digital Corporation stocks are owned by institutional investors and hedge funds.