Thursday, March 07, 2013 10:55:37 AM
March 7th, 2013 - by Trevor Kearing
Research analysts at Susquehanna set a $49.00 target price on shares of Discover Financial Services (NYSE: DFS) stock in a report released on Thursday.
Discover Financial Services opened at 41.60 on Thursday. Discover Financial Services has a 1-year low of $30.16 and a 1-year high of $42.08. The stock’s 50-day moving average is currently $39.03. The company has a market cap of $20.696 billion and a price-to-earnings ratio of 9.26.
Discover Financial Services last issued its quarterly earnings data on Thursday, December 20th. The company reported $1.07 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.11 by $0.04. The company had revenue of $2.00 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the prior year, the company posted $0.95 earnings per share. The company’s quarterly revenue was up 10.6% on a year-over-year basis. Analysts expect that Discover Financial Services will post $4.38 EPS for the current fiscal year.
A number of other firms have also recently commented on DFS. Analysts at William Blair upgraded shares of Discover Financial Services from a “market perform” rating to an “outperform” rating in a research note to investors on Wednesday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Discover Financial Services in a research note to investors on Tuesday. They now have a $47.00 price target on the stock. Finally, analysts at TheStreet reiterated a “buy” rating on shares of Discover Financial Services in a research note to investors on Friday, March 1st.
Seventeen equities research analysts have rated the stock with a buy rating, and eight have assigned a hold rating to the company’s stock. The company presently has an average rating of “overweight” and a consensus target price of $46.05.
Discover Financial Services (Discover) is a direct banking and payment services company. The Company operates as a bank holding company and a financial holding company.
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DFS
Recent DFS News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2024 08:33:43 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/06/2024 08:36:01 PM
- Discover® Global Network Study: 91% of Asia-Pacific Businesses Prioritize Fraud Prevention Services, Appeal for Virtual Card Numbers Grows • Business Wire • 08/26/2024 02:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 08:26:38 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 01:09:36 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 01:05:08 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 01:02:21 AM
- Discover Financial Services Recognized as a 2024 Best Place to Work for People with Disabilities • Business Wire • 07/25/2024 10:00:00 AM
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- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/18/2024 01:54:57 AM
- Discover Financial Services Reports Second Quarter 2024 Net Income of $1.5 Billion or $6.06 Per Diluted Share • Business Wire • 07/17/2024 08:24:00 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 07/17/2024 08:19:27 PM
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- Capital One Announces Five-Year, $265 Billion Community Benefits Plan in Connection with Discover Acquisition to Advance Economic Opportunity and Financial Well-Being • Business Wire • 07/17/2024 01:15:00 PM
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- Discover Financial Services Announces Second Quarter 2024 Earnings Release on July 17, 2024, and Conference Call on July 18, 2024 • Business Wire • 06/27/2024 08:15:00 PM
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