Professional
Added to YB: 2024-04-19
Pitch date: 2024-04-13
V [bullish]
Visa Inc.
+32.54%
current return
Author Info
No bio for this author
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
$682.2B
Pitch Price
$273.22
Price Target
N/A
Dividend
0.74%
EV/EBITDA
22.84
P/E
31.57
EV/Sales
16.10
Sector
Financial Services
Category
growth
Wedgewood Partners Portfolio Holding: Visa Inc.
V: Q1 EPS +11%, payment vol +8%, cross-border +16% FX-adj. Regulatory changes a focus, but economic value to banks & retailers drives long-term addressable market growth. Value-added services can grow overall payment ecosystem, like past fintech push offsetting lower interchange rates. Scale & breadth expected to drive growth at high margins with payments ecosystem.
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