|Bid||26.060 x 1100|
|Ask||26.060 x 800|
|Day's range||25.710 - 26.190|
|52-week range||19.880 - 31.290|
|PE ratio (TTM)||12.20|
|Earnings date||25 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||0.52 (1.97%)|
|1y target est||33.55|
NEW YORK, June 12, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ally ...
As major part of Santander Consumer (SC) and Ally Financial (ALLY) growth is tied to Fiat Chrysler, formation of its finance unit will hurt the companies.
While Visa’s (V) NTM (next-12-month) price-to-book ratio is 7.4x, competitors’ average is 8.0x. Peers Mastercard (MA), Discover Financial Services (DFS), and Ally Financial (ALLY) have NTM price-to-book ratios of 21.0x, 2.3x, and 0.81x, respectively.
At the J.P. Morgan Global Technology, Media and Communications Conference, Visa (V) stated it would be targeting the US market’s significant untapped opportunities, which could boost growth. By targeting small merchants and increasing its merchant base, the company could see long-term growth.
Free checking has sometimes proven hard to find, especially for low-income Americans who might need it the mostDisney/Courtesy Everett CollectionSome credit unions and banks offer accounts that could make even Scrooge happy. You’ll have much better luck finding it at a credit union than at a bank. Some 82% of credit unions offer free checking accounts, compared to just 38% of banks, according to an analysis released Monday by the personal-finance company Bankrate.
Ally Financial's (ALLY) Q1 results benefit from higher revenues and lower provisions. However, an increase in expenses remains the undermining factor.
The Detroit-based company said it had profit of 57 cents per share. Earnings, adjusted for non-recurring costs, came to 68 cents per share. The results topped Wall Street expectations. The average estimate ...
Discover Financial Services (DFS) is tracked by 27 analysts in April 2018, of which seven analysts suggested a “hold,” and one analyst gave a “sell” rating on its stock. Ten analysts recommended a “buy,” and the remaining nine analysts gave “strong buy” ratings on DFS.
Discover Financial Services’ (DFS) Cashback Checking product contains a rewards program that allows customers to earn cashback bonuses by making purchases using the associated debit card. This product doesn’t require a minimum opening deposit or minimum balance, and there are no monthly fees. Customers can use more than 60,000 MoneyPass and Allpoint ATMs located within the US without incurring transaction fees.
In 2017, Discover Financial Services (DFS) exceeded analysts’ estimates on its earnings per share (or EPS) in 3Q17. The company missed its EPS estimates in the other three quarters of 2017. However, its competitors (XLF) American Express (AXP) and Mastercard (MA) have exceeded analysts’ expectations throughout 2017.
Discover Financial Services (DFS) saw favorable momentum in its business in fiscal 2017 and in 4Q17. According to the company’s management, the momentum would also be visible in 2018, which could help the company in terms of return on equity (or ROE) as well as growth. Wall Street analysts gave a high estimate of $2.02 and a low estimate of $1.65 on Discover’s earnings per share (or EPS) for 1Q18.
Mastercard’s (MA) PBV (price-to-book value ratio) is 18.08x on a next-12-month basis. The company has a premium valuation, as its competitors’ average is 4.2x.
On April 5, 2018, Mastercard (MA) made an announcement that from April 13 onward, all merchants in Canada and the United States would be able to eliminate the process of requiring signatures from cardholders. The idea focuses on removing the hurdles faced during the checkout process and allowing participating merchants to improve the experience. According to Mastercard’s management, merchants don’t believe there’s much use in requesting users’ signatures, so implementing the change will bring efficiency.
After the announcement of the imposition of tariffs by President Donald Trump, fears regarding a trade war gripped investors. Increased prices could lead to inflation, which could benefit payment technology companies (XLF) such as Mastercard (MA) and Visa (V). Mastercard is expected to witness upward momentum in 2018 primarily aided by its focus on the completion of transactions via mobile phones while maintaining the level of security desired by users.
Mastercard’s (MA) total operating expenses rose from $5 billion in 2016 to $5.8 billion in 2017, representing an increase of 17% mainly due to a rise in general and administrative expenses from $3.7 billion in 2016 to $4.5 billion in 2017. The components of the company’s total operating expenses include provisions for litigation settlements, advertising and marketing, depreciation and amortization, and general and administrative expenses. Mastercard saw a rise in its professional fees from $337 million in 2016 to $355 million in 2017 mainly resulting from consulting costs with respect to mergers and acquisitions.
Mastercard (MA) is expected to report EPS (earnings per share) of $1.25 in 1Q18, implying a rise year-over-year as well as sequentially. The primary driver of this increase has been MA’s adoption of digital methods of payment, which means more revenue for the giant payment service company. Mastercard’s revenue has a direct relationship with consumer spending. A rise in spending activity means a rise in its revenue.
American Express (AXP) is covered by 31 analysts in March 2018. Two of them have given it a “strong sell” rating, and one is recommending a “sell.” Seven analysts are rating it a “buy,” and five are recommending a “strong buy.” The remaining 16 analysts are recommending a “hold.” There was only a slight change in the ratings from February 2018.