Visa (V - Free Report) closed the most recent trading day at $157.65, moving -0.07% from the previous trading session. This change was narrower than the S&P 500's daily loss of 0.61%. Elsewhere, the Dow lost 0.72%, while the tech-heavy Nasdaq lost 0.56%.
Prior to today's trading, shares of the global payments processor had gained 4.7% over the past month. This has lagged the Business Services sector's gain of 6.48% and the S&P 500's gain of 5.68% in that time.
V will be looking to display strength as it nears its next earnings release, which is expected to be April 24, 2019. In that report, analysts expect V to post earnings of $1.24 per share. This would mark year-over-year growth of 11.71%. Meanwhile, our latest consensus estimate is calling for revenue of $5.45 billion, up 7.5% from the prior-year quarter.
V's full-year Zacks Consensus Estimates are calling for earnings of $5.32 per share and revenue of $22.76 billion. These results would represent year-over-year changes of +15.4% and +10.41%, respectively.
Any recent changes to analyst estimates for V should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.08% higher. V is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note V's current valuation metrics, including its Forward P/E ratio of 29.64. For comparison, its industry has an average Forward P/E of 21.68, which means V is trading at a premium to the group.
It is also worth noting that V currently has a PEG ratio of 1.8. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. V's industry had an average PEG ratio of 1.66 as of yesterday's close.
The Financial Transaction Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 100, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.