Added to YB: 2024-02-08
Pitch date: 2024-02-08
V [bullish]
Visa Inc.
+11.96%
current return
Author Info
Company Info
Visa Inc. operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions.
Market Cap
$563.3B
Pitch Price
$270.94
Price Target
455.40 (+50%)
Dividend
0.91%
EV/EBITDA
19.48
P/E
27.76
EV/Sales
13.74
Sector
Financial Services
Category
growth
Visa ($V): More Boring Double-Digit EPS Growth in Q1 FY24
$V: Visa's steady growth continues. Q1 FY24 EPS +10.8% ($279 share price) on net rev +8.6%, op leverage & buybacks. FY24 outlook low-teens EPS growth. 30.7x CY23 P/E, 3.2% FCF yield. Forecasting 63% return (20% ann.) to $455 Sep-26 target. Buy rating reiterated.
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