Discover Financial Services(DFS) ZACKS·2024-10-17 14:45Company Overview - Discover Financial Services is a digital banking and payment services company based in Riverwoods, IL, offering credit cards, personal and home loans, and deposit products [8] - The company became a bank holding company in March 2009 under the Bank Holding Company Act and a financial holding company under the Gramm-Leach-Bliley Act [8] Zacks Rank and Style Scores - Discover is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating a solid overall performance [8][9] - The Value Style Score for Discover is also A, attributed to its attractive valuation metrics, including a forward P/E ratio of 11.21, which is appealing to value investors [8] Earnings Estimates - In the last 60 days, five analysts have revised their earnings estimates upwards for Discover, with the Zacks Consensus Estimate increasing by 13.16 per share for fiscal 2024 [8] - Discover has an average earnings surprise of 2.3%, suggesting a positive trend in earnings performance [8] Investment Consideration - With a strong Zacks Rank and top-tier Value and VGM Style Scores, Discover is recommended for investors looking for potential opportunities [9]