Visa (V) Exceeds Market Returns: Some Facts to Consider

Visa (V) closed at $378.40, up 1.54%, outperforming the S&P 500's 0.46% gain. The stock is expected to report EPS of $3.43 (15.1% growth) and revenue of $12.07 billion (12.56% growth). However, Visa trades at a Forward P/E of 28.32, significantly above its industry average of 13.42, and carries a PEG ratio of 2 compared to the Financial Transaction Services industry average of 0.85. The company holds a Zacks Rank of #3 (Hold).