During the last three months, 14 analysts shared their evaluations of Discover Finl DFS, revealing diverse outlooks from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 3 | 9 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 1 | 2 | 2 | 0 | 0 |
| 3M Ago | 1 | 1 | 5 | 0 | 0 |
Analysts have recently evaluated Discover Finl and provided 12-month price targets. The average target is $128.71, accompanied by a high estimate of $168.00 and a low estimate of $104.00. Witnessing a positive shift, the current average has risen by 5.9% from the previous average price target of $121.54.
Deciphering Analyst Ratings: An In-Depth Analysis
An in-depth analysis of recent analyst actions unveils how financial experts perceive Discover Finl. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Richard Shane | JP Morgan | Raises | Neutral | $120.00 | $110.00 |
| Saul Martinez | HSBC | Raises | Hold | $144.00 | $107.00 |
| 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 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Discover Finl. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Discover Finl compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Discover Finl's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Discover Finl's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Discover Finl analyst ratings.
Discovering Discover Finl: A Closer Look
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: A Financial Overview
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Discover Finl displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 12.77%. This indicates a notable 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 net margin is impressive, surpassing industry averages. With a net margin of 9.2%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Discover Finl's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.86% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Discover Finl's ROA stands out, surpassing industry averages. With an impressive ROA of 0.26%, the company demonstrates effective utilization of assets and strong 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 Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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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