Piper Jaffray Remains Bullish on Visa (V) Following 4Q Report

Visa (V) PT Raised to $196 at BMO Capital

October 25, 2018 7:22 AM EDT

BMO Capital analyst James Fotheringham raised the price target on Visa (NYSE: V) to $196.00 (from $187.00) while maintaining a Outperform rating.

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After-Hours Stock Movers 10/24: (TSLA) (XLNX) (WHR) Higher; (ALGN) (AMD) (EFX) Lower (more...)

October 24, 2018 5:59 PM EDT

Today's After-Hours Movers

Align Technology (NASDAQ: ALGN) 24.4% LOWER; reported Q3 EPS of $1.24, $0.05 better than the analyst estimate of $1.19. Revenue for the quarter came in at $505.3 million versus the consensus estimate of $502.65 million. Align Technology sees Q4 2018 EPS of $1.10-$1.15, versus the consensus of $1.33. Align Technology sees Q4 2018 revenue of $505-515 million, versus the consensus of $545.11 million.

AMD (NASDAQ: AMD) 20% LOWER; reported Q3 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $1.65 billion versus the... More

Visa tops profit estimates as consumer spending grows

October 24, 2018 4:19 PM EDT

(Reuters) - Visa Inc (NYSE: V) topped Wall Street estimates for quarterly profit on Wednesday, as the world's largest payments network benefited from higher credit- and debit-card spending in a strengthening U.S. economy.

Visa's total payments volume jumped 11 percent in the quarter ended... More

Visa (V) Tops Q4 EPS by 1c

October 24, 2018 4:09 PM EDT

(Updated - October 24, 2018 4:10 PM EDT)

Visa (NYSE: V) reported Q4 EPS of $1.21, $0.01 better than the analyst estimate of $1.20. Revenue for the quarter came in at $5.4 billion versus the consensus estimate of $5.44 billion.

Double-digit growth in payments volume, cross-border volume and processed... More

U.S. tech funds turn to Visa, Paypal as FANGs fade

October 24, 2018 3:26 PM EDT

By David Randall

NEW YORK (Reuters) - Some tech-heavy U.S. fund managers have turned to the once-stodgy payments sector as an alternative to so-called FANG stocks as high-flyers like Facebook Inc (NASDAQ: FB) and Google parent Alphabet Inc (NASDAQ: GOOGL) falter.

Companies underpinning online shopping and mobile payments, such as Visa Inc (NYSE: V), Mastercard Inc (NYSE: MA) and PayPal Holdings Inc (NASDAQ: PYPL), offer above-average growth at a more... More

Visa (V) Makes Strategic Investment in Conductor

October 23, 2018 8:33 AM EDT

Visa (NYSE: V) today announced a strategic minority investment in Conductor, a leading digital payments processing technology platform in Brazil, to help accelerate innovation in payments and enable Conductors product expansion. The investment reinforces the existing partnership between Visa and Conductor, as well as the companies shared vision for driving adoption of digital payments across e-commerce and mobile commerce in Brazil. Backed by Riverwood Capital since 2014, Conductor has become a key technology-processing platform for retailers, banks, and other companies in Brazil looking to issue different type of cards and digitize their payments, resulting in better... More

Visa (V) call put ratio 1.9 calls to 1 put into EPS

October 23, 2018 5:37 AM EDT

Visa (NYSE: V) October weekly call option implied volatility is at 42, November is at 26; compared to its 52-week range of 14 to 33 into the expected release of EPS after the market close on October 24.

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