|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||122.03 - 123.19|
|52-week range||81.50 - 123.20|
|PE ratio (TTM)||43.97|
|Earnings date||1 Feb 2018|
|Forward dividend & yield||0.78 (0.65%)|
|1y target est||128.02|
Record-high revenue and profits, a stock that rose much higher than the S&P -- what wasn't to like during the year for the company?
While PayPal (PYPL) has talked about its customer acquisition rate gaining momentum after it decided to partner with card companies Visa (V) and MasterCard (MA), this boost may just be a beneficial side effect of the partnerships. PayPal went into partnership with Visa and MasterCard with specific goals in mind, namely to enable customers to pay any way they want. At the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal CFO (chief financial officer) John Rainey said, “What the network agreements did for us, though, was fundamentally, they’re all about providing our customers choice to allow them the way they – to transact however they want,” adding that “if they want to use a Visa card or a MasterCard or a particular issuer card, they can do that.
In 2016, PayPal (PYPL) showed a shift in strategy when it decided to partner with MasterCard (MA) and Visa (V) rather than continuing to compete with them. Commenting on the deals a few months later at the WSJDLive conference in Laguna Beach, California, PayPal CEO Dan Schulman stated that “we think we can be great allies…to advance the cause of digital payments,” according to The Wall Street Journal. A year after the card network deals, at the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal chief financial officer John Rainey said that the company had a lot to show for its partnerships with MasterCard and Visa.
PayPal’s (PYPL) chief financial officer, John Rainey, mentioned partnering with Amazon (AMZN) when he spoke at a recent Credit Suisse technology event. In 2017, PayPal’s CEO, Dan Schulman, noted that the company had been talking with Amazon with respect to a payments partnership.
Visa Inc. will stop requiring signatures for purchases made in North America using chip-card technology, a significant win for big brick-and-mortar retailers such as Wal-Mart Stores Inc. that could help ...
Visa (V) is being tracked by 41 analysts in January 2018. Eighteen of them are suggesting a “strong buy,” and 19 are recommending a “buy.” Four are suggesting a “hold.” These ratings have remained constant for the last two months. Of the 40 analysts tracking Visa in October 2017, 18 recommended a “strong buy,” 17 recommended a “buy,” and five recommended a “hold.” The company could attract more favorable ratings in fiscal 2018 on the back of a favorable outlook for the digital world.
Since e-commerce is making its space in the global economy, all the issues that were there in physical transactions are being eliminated. Visa’s (V) partnership with Square (SQ) is being looked on positively. In a conference call, Visa’s management highlighted Square’s contribution to the digital world.
In a conference on November 29, 2017, Vasant Prabhu, Visa’s (V) CFO (chief financial officer), stated that the company’s acquisition strategy focuses on businesses that add value. At the conference, management also reflected a positive view regarding the Visa Europe acquisition. Visa has stated that it doesn’t make investments in businesses just for the sake of revenue growth.
Visa (V), a giant in the payments industry, has reached an inflection point, according to Vasant Prabhu, the company’s CFO (chief financial officer). The company also believes that opportunities still prevail in regard to digitizing payments, which could benefit the company in the long term. A high estimate and low estimate for Visa’s fiscal 1Q18 revenues by Wall Street analysts are $5.3 billion and $4.7 billion, respectively.
The inchoate cryptocurrency sector on Friday approach a total value of three-quarters of a trillion dollars
Visa (V) was where every stock wanted to be in 2017: Near the top of the Dow. With only one trading day left in the year, and little in the way of market-moving news to write about, we thought we'd take ...
Since the use of EMV chips was incentivized by the liability shift two years ago, this type of fraud has fallen dramatically.
The United States may be one of the most developed markets for plastic payments, but Visa and Mastercard benefit from trends in consumer behavior even in markets where cash transactions are dying out.