On Friday, Discover Financial Services (NYSE: DFS) was 1.93% up from the session before settling in for the closing price of $148.43. A 52-week range for DFS has been $81.61 – $157.06.
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Annual sales at Financial sector company grew by 10.93% over the past five years. When this article was written, the company’s average yearly earnings per share was at 23.86%. With a float of $249.78 million, this company’s outstanding shares have now reached $250.10 million.
Let’s look at the performance matrix of the company that is accounted for 21100 employees. In terms of profitability, gross margin is 100.0%, operating margin of 35.64%, and the pretax margin is 18.45%.
Discover Financial Services (DFS) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Discover Financial Services stocks. The insider ownership of Discover Financial Services is 0.52%, while institutional ownership is 85.38%. The most recent insider transaction that took place on Jan 26 ’24, was worth 3,748,193. In this transaction EVP, Chief Financial Officer of this company sold 35,191 shares at a rate of $106.51, taking the stock ownership to the 18,592 shares.
Discover Financial Services (DFS) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.54 earnings per share (EPS) during the time that was less than consensus figure (set at 2.5) by -0.96. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.86% per share during the next fiscal year.
Discover Financial Services (NYSE: DFS) Trading Performance Indicators
You can see what Discover Financial Services (DFS) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.67. Likewise, its price to free cash flow for the trailing twelve months is 4.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.39, a number that is poised to hit 3.08 in the next quarter and is forecasted to reach 12.80 in one year’s time.
Technical Analysis of Discover Financial Services (DFS)
Discover Financial Services (NYSE: DFS) saw its 5-day average volume 1.87 million, a positive change from its year-to-date volume of 1.63 million. As of the previous 9 days, the stock’s Stochastic %D was 61.54%. Additionally, its Average True Range was 4.68.
During the past 100 days, Discover Financial Services’s (DFS) raw stochastic average was set at 84.04%, which indicates a significant increase from 60.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.86% in the past 14 days, which was lower than the 33.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $140.46, while its 200-day Moving Average is $128.19. Nevertheless, the first resistance level for the watch stands at $152.61 in the near term. At $153.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $156.31. If the price goes on to break the first support level at $148.91, it is likely to go to the next support level at $146.53. Assuming the price breaks the second support level, the third support level stands at $145.21.
Discover Financial Services (NYSE: DFS) Key Stats
There are 251,072K outstanding shares of the company, which has a market capitalization of 38.72 billion. As of now, sales total 20,606 M while income totals 2,940 M. Its latest quarter income was 5,910 M while its last quarter net income were 965,000 K.