Visa Inc Class A
V: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >$% | LOCK|hq | LOCK|b?pD^Ck |
Visa Earnings: Market Conditions Remain Favorable
Visa had settled into a fairly steady path over recent quarters, as one-time impacts started to roll off and growth normalized. Taken on their own, Visa’s fiscal first-quarter results showed the company’s results holding up. We think Visa continues to enjoy favorable long-term secular growth prospects, and a stable environment highlights the strength of the wide-moat company. We will maintain our $289 fair value estimate and see shares as modestly overvalued.
