Discover Financial Services (DFS)
152.99 USD -11.27 (-6.86%) Volume: 8.96M
Discover Financial Services’s stock price stands at 152.99 USD, witnessing a decline of 6.86% this trading session with a trading volume of 8.96M, highlighting a negative YTD performance with a percentage change of -11.68%.
Latest developments on Discover Financial Services
Discover Financial Services (DFS) has been making headlines recently with its stock being labeled as one of the most undervalued S&P 500 stocks to buy now. Despite this, the stock underperformed on Monday in comparison to its competitors, with its spread widening against Capital One amid reports of a Department of Justice review of a deal between the two companies. This news led to both Discover and Capital One stocks tumbling due to antitrust concerns. However, Discover Financial Services is not letting this setback deter its progress, as it recently teamed up with Airwallex to broaden its payment acceptance through the Discover Network. With Keefe reiterating an outperform rating for Discover Financial and TD Cowen maintaining a Buy rating with a $210 target, investors are keeping a close eye on the company’s stock price movements in the market today.
A look at Discover Financial Services Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Discover Financial Services, a credit card issuer and electronic payment services company, has received moderate scores across the board according to Smartkarma Smart Scores. With a Value score of 2 and a Dividend score of 2, the company may not be considered a top pick for value investors or income-focused investors. However, Discover Financial Services scored a 3 in both Growth and Resilience, indicating potential for growth and a strong ability to weather economic downturns. Additionally, the company received a Momentum score of 3, suggesting that it may be gaining traction in the market.
In summary, Discover Financial Services offers a range of financial products such as credit cards, student and personal loans, and savings products. With its Smartkarma Smart Scores pointing towards moderate growth potential and resilience, the company may be worth keeping an eye on for investors looking for opportunities in the financial services sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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