Discover Financial Services (NYSE: DFS) on May 19, 2023, started off the session at the price of $101.03, soaring 0.13% from the previous trading day. During the day, the shares moved up to $101.46 and dropped to $99.54 before settling in for the closing price of $100.61. Within the past 52 weeks, DFS’s price has moved between $87.64 and $119.91.
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Annual sales at Financial sector company grew by 5.90% over the past five years. The company achieved an average annual earnings per share of -13.20%. With a float of $252.07 million, this company’s outstanding shares have now reached $262.00 million.
Let’s look at the performance matrix of the company that is accounted for 20200 employees.
Discover Financial Services (DFS) Insider and Institutional Ownership
Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of Discover Financial Services is 0.50%, while institutional ownership is 85.00%. The most recent insider transaction that took place on Mar 03, was worth 1,538,804. In this transaction EVP – Chief HR & Admin Officer of this company sold 13,477 shares at a rate of $114.18, taking the stock ownership to the 31,509 shares. Before that another transaction happened on Feb 02, when Company’s EVP, Pres. – Consumer Banking sold 7,000 for $118.00, making the entire transaction worth $826,000. This insider now owns 114,493 shares in total.
Discover Financial Services (DFS) Latest Financial update
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $3.58 earnings per share (EPS) for the period falling under the consensus outlook (set at $3.91) by -$0.33. This company achieved a net margin of +28.72 while generating a return on equity of 31.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.20% per share during the next fiscal year.
Discover Financial Services (NYSE: DFS) Trading Performance Indicators
Discover Financial Services (DFS) is currently performing well based on its current performance indicators. A price to sales ratio for the trailing twelve months stands at 1.80. Likewise, its price to free cash flow for the trailing twelve months is 4.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 14.81, a number that is poised to hit 3.64 in the next quarter and is forecasted to reach 14.02 in one year’s time.
Technical Analysis of Discover Financial Services (DFS)
Discover Financial Services (NYSE: DFS) saw its 5-day average volume 2.69 million, a positive change from its year-to-date volume of 2.33 million. As of the previous 9 days, the stock’s Stochastic %D was 92.75%. Additionally, its Average True Range was 2.80.
During the past 100 days, Discover Financial Services’s (DFS) raw stochastic average was set at 34.93%, which indicates a significant decrease from 92.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.02% in the past 14 days, which was higher than the 33.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.41, while its 200-day Moving Average is $102.54. Nevertheless, the first resistance level for the watch stands at $101.62 in the near term. At $102.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $103.54. If the price goes on to break the first support level at $99.70, it is likely to go to the next support level at $98.66. The third support level lies at $97.78 if the price breaches the second support level.
Discover Financial Services (NYSE: DFS) Key Stats
Market capitalization of the company is 25.55 billion based on 253,946K outstanding shares. Right now, sales total 15,202 M and income totals 4,392 M. The company made 4,698 M in profit during its latest quarter, and 976,000 K in sales during its previous quarter.
