Core Points - Rosen Law Firm is reminding investors who purchased Visa Inc. securities between November 16, 2023, and September 23, 2024, about the January 21, 2025, deadline to become a lead plaintiff in a securities class action lawsuit [1][3] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] Case Details - The lawsuit alleges that Visa made materially false and misleading statements and failed to disclose compliance issues with federal antitrust laws, which led to investor damages when the truth was revealed [5] Legal Representation - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions, as many firms may not have the necessary experience or resources [4]

Core Insights - Visa Inc. maintains a strong competitive position in the payments processing industry, benefiting from its focus on payment facilitation rather than lending, which protects it from loan-related risks during economic downturns [1] Group 1: Stock Performance - Over the past year, Visa's stock has increased by 18.4%, underperforming the financial transaction industry's average growth of 21.5% and the S&P 500's return of 25% [2] - Competitors such as Mastercard and American Express have outperformed Visa, with gains of 21% and 63.7%, respectively [2] Group 2: Operational Growth - Visa has shown strong growth in processed transactions and payments volume, with increases of 10.4% and 10% in fiscal 2023 and 2024, respectively, and payments volume growth of 6.4% and 6.7% year over year [5] - Key revenue segments for fiscal 2024 reported year-over-year increases: Service Revenues rose by 8.7%, Data Processing Revenues by 10.7%, and International Transaction Revenues by 8.8% [6] - Cross-border payment volume growth indicates significant potential in emerging markets, where many individuals remain underbanked [7] Group 3: Strategic Positioning - Visa is well-positioned for growth due to robust operating cash flow, allowing for both organic expansion and strategic acquisitions [8] - The company emphasizes technological innovation, focusing on secure digital payment solutions, which positions it favorably in a rapidly evolving financial landscape [9] Group 4: Earnings Estimates - The Zacks Consensus Estimate for Visa's fiscal 2025 and fiscal 2026 EPS suggests increases of 11.6% and 12.8%, respectively, year-over-year [10] - Revenue estimates for fiscal 2025 and fiscal 2026 indicate increases of 9.5% and 9.9%, respectively [10] Group 5: Valuation - Visa's current price/earnings (P/E) ratio is 26.90X, slightly above its five-year median of 26.86X and the industry average of 24.60X [12] - Competitors Mastercard and American Express are trading at P/E ratios of 31.59X and 19.89X, respectively [13] Group 6: Challenges - Visa faces rising expenses, with adjusted operating expenses increasing by 11.7% and 10.8% in fiscal 2023 and 2024, respectively [14] - Ongoing legal challenges, including an antitrust lawsuit and regulatory scrutiny in the U.K., may impact the company's growth and financial liabilities [15][16] - The Credit Card Competition Act of 2023 could slow growth for Visa and Mastercard in the U.S. market, potentially altering the competitive landscape [17] Group 7: Investment Outlook - Visa's strong market position and growth potential make it an appealing choice for current investors, while prospective buyers may consider waiting for a more attractive entry point due to high valuation and regulatory challenges [18] - The company currently holds a Zacks Rank 3 (Hold), indicating a neutral outlook [19]

Company Performance - Visa closed at $313.04, reflecting a -0.59% change from the previous day, underperforming the S&P 500's gain of 0.55% [1] - Upcoming earnings per share (EPS) are projected at $2.66, indicating a 10.37% increase year-over-year, with revenue expected to reach $9.35 billion, an 8.27% increase from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates predict earnings of $11.22 per share and revenue of $39.35 billion for the year, representing increases of +11.64% and +9.53% respectively compared to the previous year [3] Analyst Estimates and Stock Performance - Changes in analyst estimates are crucial as they correlate with stock price performance; positive revisions indicate optimism about the company's outlook [4] - Visa currently holds a Zacks Rank of 3 (Hold), with a recent 0.03% decline in the Zacks Consensus EPS estimate [5] Valuation Metrics - Visa has a Forward P/E ratio of 28.07, which is a premium compared to the industry average of 14.33 [5] - The company has a PEG ratio of 2.11, while the Financial Transaction Services industry average PEG ratio is 1.35 [6] Industry Context - The Financial Transaction Services industry is part of the Business Services sector, holding a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [7]

Class Action Lawsuit Against Visa Inc - The Gross Law Firm is issuing a notice to shareholders of Visa Inc (NYSE: V) regarding a class action lawsuit [1] - Shareholders who purchased V shares between November 16, 2023 and September 23, 2024 are encouraged to contact the firm about potential lead plaintiff appointment [1] - The complaint alleges that Visa issued materially false/misleading statements and failed to disclose non-compliance with federal antitrust laws and lack of effective internal compliance programs [1] - Investors allegedly suffered damages when the true details entered the market [1] Shareholder Participation Details - The deadline to register for the class action is January 21, 2025 [2] - Registered shareholders will be enrolled in portfolio monitoring software to receive case status updates [2] - There is no cost or obligation for shareholders to participate in the case [2] About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investor rights [3] - The firm seeks recovery for investors who incurred losses due to false/misleading statements or material omissions that artificially inflated stock prices [3] - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [3]

Core Viewpoint - A class action securities lawsuit has been filed against Visa Inc. alleging securities fraud that affected investors between November 16, 2023, and September 23, 2024 [1][2]. Group 1: Lawsuit Details - The complaint claims that Visa was not in compliance with federal antitrust laws and lacked effective internal programs to assess and control compliance [2]. - Defendants allegedly made false statements that misled investors regarding Visa's compliance status, leading to investor damages when the truth was revealed [2]. Group 2: Investor Participation - Investors who suffered losses during the specified timeframe have until January 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Visa Inc. securities between November 16, 2023, and September 23, 2024, about the January 21, 2025, deadline to serve as lead plaintiff in a securities class action lawsuit [1] Group 1: Class Action Details - A class action lawsuit has been filed against Visa, alleging that the company made materially false and misleading statements regarding compliance with federal antitrust laws [8] - Investors who purchased Visa securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [7] - The lawsuit claims that when the true details about Visa's compliance issues became known, investors suffered damages [8] Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [2] - Until a class is certified, investors are not represented by counsel unless they retain one, and they can choose to remain absent from the class [3] - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [2]

Core Viewpoint - The Gross Law Firm has announced a class action lawsuit against Visa Inc. for allegedly issuing materially false and misleading statements regarding compliance with federal antitrust laws, which has led to investor losses [4]. Group 1: Allegations - The complaint alleges that Visa was not in compliance with federal antitrust laws [4] - It is claimed that Visa lacked effective internal programs and policies to assess and control compliance with federal antitrust laws [4] - The lawsuit asserts that the public statements made by Visa were materially false and misleading during the relevant times [4] Group 2: Class Period and Next Steps - The class period for the lawsuit is defined as November 16, 2023, to September 23, 2024 [5] - Shareholders who purchased shares of Visa during this period are encouraged to register for participation in the class action [5] - The deadline for shareholders to seek lead plaintiff status is January 21, 2025, with no cost or obligation to participate [5]

Visa's Historical Performance and Growth - Visa's stock rallied nearly 380% over the past 10 years, outperforming the S&P 500's 190% rise [1] - Revenue grew at a CAGR of 11% from fiscal 2014 to fiscal 2024, while EPS grew at a CAGR of 16% during the same period [3] - The company bought back more than a fifth of its shares over the past decade [12] Visa's Business Model and Market Position - Visa partners with banks and financial institutions to issue Visa-branded cards but does not issue cards or handle accounts directly [2] - The company charges a swipe fee of 1.5%-3.5% per transaction, splitting fees with card issuers and keeping the rest as revenue [14] - Visa and Mastercard hold a near-duopoly in card-payment networks, with most businesses willing to pay swipe fees to reach more customers [9] Future Growth Projections - Analysts expect Visa's revenue and EPS to grow at a CAGR of 10% and 13%, respectively, from fiscal 2024 to fiscal 2027 [12] - The global credit card payments market is projected to grow at a CAGR of 8.8% from 2023 to 2032 [12] - Assuming stable growth and a forward P/E ratio of 28, Visa's stock could rally 145% to $784 per share over the next decade [6] Competitive and Regulatory Challenges - Visa faces competition from "buy now, pay later" platforms like Affirm, which target younger and lower-income consumers [4] - Regulatory pressure to reduce swipe fees persists, with a preliminary deal to cut fees by at least four basis points over three years being rejected by a U.S. judge in June [11] - Platforms like PayPal, Zelle, and the Fed's FedNow system could erode Visa's market share by offering alternatives to card-based payments [16] Macroeconomic and Industry Headwinds - Inflationary pressures and the Federal Reserve's outlook for fewer rate cuts in 2025 could impact consumer spending [10] - Despite challenges, Visa is expected to remain synonymous with card-based payments, with the secular growth of the market driving its stock higher over the next decade [17]

Core Viewpoint - A class action lawsuit has been filed against Visa Inc. regarding allegations of securities fraud and unlawful business practices, following a DOJ antitrust lawsuit that caused a significant drop in Visa's stock price [1][5][6]. Group 1: Lawsuit Details - The class action lawsuit is initiated by Pomerantz LLP, a firm known for its expertise in corporate and securities class litigation [2]. - Shareholders who purchased Visa securities during the Class Period can request to be appointed as Lead Plaintiff by January 20, 2025 [3]. - The lawsuit addresses whether Visa and its officers engaged in securities fraud or other unlawful business practices [5]. Group 2: Market Impact - Following the announcement of the DOJ's lawsuit, Visa's stock price decreased by $15.85 per share, representing a 5.49% decline, closing at $272.78 per share on September 24, 2024 [4]. Group 3: Antitrust Allegations - The DOJ's lawsuit alleges that Visa has abused its dominant position in the debit card market, coercing businesses to use its network and hindering new competitors from entering the market [6].

Core Viewpoint - A class action lawsuit has been filed against Visa Inc. for allegedly misleading investors about the risks of antitrust investigations related to its monopolization of the debit card payment processing market [2][3]. Group 1: Allegations and Legal Actions - The lawsuit claims that Visa downplayed the risks of federal antitrust investigations during the class period from November 16, 2023, to September 23, 2024 [3]. - On September 24, 2024, the U.S. Department of Justice filed a lawsuit against Visa for monopolizing the debit card payment processing market, leading to a significant drop in Visa's stock price by $1.48, or 5.38%, closing at $26.03 per share [3]. Group 2: Class Action Participation - Investors who purchased Visa securities during the specified period may be eligible to participate in the class action, with a deadline to apply as lead plaintiff set for January 20, 2025 [4]. - A lead plaintiff represents the interests of other class members in the litigation, although participation is not required to be eligible for recovery [4]. Group 3: Company Background - Robbins LLP, the law firm handling the case, has a history of litigating securities class actions and has recovered over $1 billion for shareholders since its inception in 2002 [5].