A new trading day began on August 04, 2022, with Discover Financial Services (NYSE: DFS) stock priced at $102.75, down -0.39% from the previous day of trading. During the day, the shares moved up to $102.88 and dropped to $101.47 before settling in for the closing price of $102.76. DFS’s price has ranged from $88.02 to $135.69 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 4.30% over the last five years. Meanwhile, its annual earnings per share averaged 396.00%. With a float of $271.42 million, this company’s outstanding shares have now reached $279.00 million.
The firm has a total of 16700 workers. Let’s measure their productivity.
Discover Financial Services (DFS) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of Discover Financial Services is 0.70%, while institutional ownership is 87.20%. The most recent insider transaction that took place on Feb 15, was worth 101,600. In this transaction SVP, Controller & CAO of this company sold 800 shares at a rate of $127.00, taking the stock ownership to the 2,450 shares. Before that another transaction happened on Feb 15, when Company’s EVP, Chief Financial Officer sold 4,443 for $127.95, making the entire transaction worth $568,464. This insider now owns 26,613 shares in total.
Discover Financial Services (DFS) Recent Fiscal highlights
In its latest quarterly report, released on 6/29/2022, the company reported earnings of $3.96 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +42.35 while generating a return on equity of 44.62. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 396.00% per share during the next fiscal year.
Discover Financial Services (NYSE: DFS) Trading Performance Indicators
Here are Discover Financial Services’s current performance indicators. According to the last quarter’s results, the stock had a price to sales ratio for the trailing twelve months stands at 2.51. Likewise, its price to free cash flow for the trailing twelve months is 5.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.38, a number that is poised to hit 3.78 in the next quarter and is forecasted to reach 14.32 in one year’s time.
Technical Analysis of Discover Financial Services (DFS)
Analysing the last 5-days average volume posted by the [Discover Financial Services, DFS], we can find that recorded value of 1.61 million was lower than the volume posted last year of 1.9 million. As of the previous 9 days, the stock’s Stochastic %D was 76.76%. Additionally, its Average True Range was 3.16.
During the past 100 days, Discover Financial Services’s (DFS) raw stochastic average was set at 43.26%, which indicates a significant increase from 39.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.92% in the past 14 days, which was higher than the 45.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $101.56, while its 200-day Moving Average is $111.96. Now, the first resistance to watch is $103.00. This is followed by the second major resistance level at $103.65. The third major resistance level sits at $104.41. If the price goes on to break the first support level at $101.59, it is likely to go to the next support level at $100.83. Now, if the price goes above the second support level, the third support stands at $100.18.
Discover Financial Services (NYSE: DFS) Key Stats
With a market capitalization of 27.77 billion, the company has a total of 273,171K Shares Outstanding. Currently, annual sales are 13,221 M while annual income is 5,449 M. The company’s previous quarter sales were 3,529 M while its latest quarter income was 1,111 M.