Ratings for Discover Finl DFS were provided by 15 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 4 | 7 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 2 | 0 | 0 |
| 2M Ago | 1 | 2 | 4 | 0 | 0 |
| 3M Ago | 2 | 1 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Discover Finl, presenting an average target of $127.33, a high estimate of $168.00, and a low estimate of $104.00. Surpassing the previous average price target of $118.43, the current average has increased by 7.51%.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive Discover Finl is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kevin Barker | Piper Sandler | Raises | Overweight | $145.00 | $127.00 |
| Arren Cyganovich | Citigroup | Raises | Buy | $168.00 | $127.00 |
| John Pancari | Evercore ISI Group | Raises | In-Line | $140.00 | $117.00 |
| Jon Arfstrom | RBC Capital | Raises | Sector Perform | $140.00 | $117.00 |
| Betsy Graseck | Morgan Stanley | Raises | Overweight | $133.00 | $105.00 |
| James Fotheringham | BMO Capital | Lowers | Market Perform | $104.00 | $116.00 |
| Meng Jiao | Deutsche Bank | Lowers | Hold | $111.00 | $140.00 |
| Jon Arfstrom | RBC Capital | Lowers | Outperform | $117.00 | $130.00 |
| Ryan Nash | Goldman Sachs | Lowers | Buy | $121.00 | $139.00 |
| Mark Devries | Barclays | Lowers | Equal-Weight | $112.00 | $124.00 |
| Saul Martinez | HSBC | Lowers | Hold | $107.00 | $121.00 |
| Meng Jiao | Deutsche Bank | Announces | Hold | $140.00 | - |
| Kevin Barker | Piper Sandler | Raises | Overweight | $129.00 | $104.00 |
| Arren Cyganovich | Citigroup | Raises | Buy | $133.00 | $93.00 |
| Ryan Nash | Goldman Sachs | Raises | Buy | $110.00 | $98.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Discover Finl. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Discover Finl compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Discover Finl's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Discover Finl's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Discover Finl analyst ratings.
Get to Know Discover Finl Better
Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.
Discover Finl: Delving into Financials
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, Discover Finl showcased positive performance, achieving a revenue growth rate of 12.77% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Discover Finl's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 9.2%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Discover Finl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.86%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Discover Finl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.26%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a below-average debt-to-equity ratio of 1.55, Discover Finl adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Basics of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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