While Discover Financial Services has underperformed by -0.07%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DFS rose by 47.51%, with highs and lows ranging from $205.76 to $119.95, whereas the simple moving average jumped by 14.51% in the last 200 days.
On January 13, 2025, UBS Upgraded Discover Financial Services (NYSE: DFS) to Buy. A report published by Barclays on January 06, 2025, Upgraded its rating to ‘Overweight’ for DFS. Morgan Stanley February 08, 2024d the rating to Overweight on February 08, 2024, and set its price target from $105 to $133. HSBC Securities January 19, 2024d its ‘Buy’ rating to ‘Hold’ for DFS, as published in its report on January 19, 2024. Deutsche Bank’s report from January 10, 2024 suggests a price prediction of $140 for DFS shares, giving the stock a ‘Hold’ rating. Piper Sandler also rated the stock as ‘Overweight’.
Analysis of Discover Financial Services (DFS)
A return on investment can be expected regardless of DFS’s performance over the next quarter with the dividend set at $2.80 per share. Further, the quarter-over-quarter decrease in sales is -3.12%, showing a negative trend in the upcoming months.
To gain a thorough understanding of Discover Financial Services’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 28.31% is sufficient for you to turn a profit off your investment.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and DFS is recording an average volume of 2.28M. On a monthly basis, the volatility of the stock is set at 6.36%, whereas on a weekly basis, it is put at 3.78%, with a gain of 7.57% over the past seven days. Furthermore, long-term investors anticipate a median target price of $196.54, showing growth from the present price of $185.37, which can serve as yet another indication of whether DFS is worth investing in or should be passed over.
How Do You Analyze Discover Financial Services Shares?
A leading company in the Credit Services sector, Discover Financial Services (DFS) is based in the USA. When comparing Discover Financial Services shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 9.90, there is a growth in quarterly earnings of 287.05%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.57%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 84.23% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DFS shares are owned by institutional investors to the tune of 84.23% at present.
