Better Times Ahead For Mastercard Incorporated (NYSE: MA)?

Mastercard Incorporated (MA) concluded trading on Thursday at a closing price of $468.31, with 2.3 million shares of worth about $1.08 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.97% during that period and on April 11, 2024 the price saw a loss of about -0.18%. Currently the company’s common shares owned by public are about 927.00M shares, out of which, 826.61M shares are available for trading.

Stock saw a price change of -0.31% in past 5 days and over the past one month there was a price change of -0.96%. Year-to-date (YTD), MA shares are showing a performance of 9.80% which increased to 28.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $357.85 but also hit the highest price of $490.00 during that period. The average intraday trading volume for Mastercard Incorporated shares is 2.43 million. The stock is currently trading -2.10% below its 20-day simple moving average (SMA20), while that difference is down -0.46% for SMA50 and it goes to 11.23% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Mastercard Incorporated (NYSE: MA) currently have 927.00M outstanding shares and institutions hold larger chunk of about 79.97% of that.

The stock has a current market capitalization of $436.88B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 39.58, while it has posted earnings per share of $11.83 in the same period. Its PEG reads 2.04 and has Quick Ratio of 1.17 while making debt-to-equity ratio of 2.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MA, volatility over the week remained 1.49% while standing at 1.34% over the month.

Analysts are in expectations that Mastercard Incorporated (MA) stock would likely to be making an EPS of $3.23 in the current quarter, while forecast for next quarter EPS is $3.59 and it is $16.76 for next year. For the current quarter EPS, analysts have given the company a lowest target $3.04 which is $3.34 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $2.8 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 17.47% while it is estimated to increase by 16.28% in next year. EPS is likely to grow at an annualized rate of 19.37% for next 5-years, compared to annual growth of 16.16% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on Apr-12-24 offering a Buy rating for the stock and assigned a target price of $545 to it. Coverage by Oppenheimer stated Mastercard Incorporated (MA) stock as an Outperform in their note to investors on January 11, 2024, suggesting a price target of $510 for the stock. On December 20, 2023, Monness Crespi & Hardt Initiated their recommendations, while on December 05, 2023, BMO Capital Markets Resumed their ratings for the stock with a price target of $475. Stock get a Buy rating from UBS on October 20, 2023.

Most Popular

Related Posts