Stocks
Visa Sees 10.5% Undervaluation, Analysts Say
Visa Inc (NYSE: V) has allocated $405 million to a U.S. litigation escrow account, affecting its B-1, B-2, and B-3 common stock classes.
This adjustment impacts shares held by U.S. financial institutions and is part of Visa's retrospective responsibility plan.
Despite this change, Visa's stock saw a modest 0.1% gain in after-hours trading.
GuruFocus' GF Value metric estimates Visa's intrinsic value at $403.96 per share, which is approximately 10.5% above its current price of $361.52.