Mastercard Incorporated (MA) concluded trading on Wednesday at a closing price of $463.71, with 4.31 million shares of worth about $2.0 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.16% during that period and on July 31, 2024 the price saw a gain of about 3.63%. Currently the company’s common shares owned by public are about 927.00M shares, out of which, 829.11M shares are available for trading.
Stock saw a price change of 7.23% in past 5 days and over the past one month there was a price change of 5.96%. Year-to-date (YTD), MA shares are showing a performance of 8.72% which increased to 17.61% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $359.77 but also hit the highest price of $490.00 during that period. The average intraday trading volume for Mastercard Incorporated shares is 2.59 million. The stock is currently trading 4.76% above its 20-day simple moving average (SMA20), while that difference is up 3.86% for SMA50 and it goes to 5.37% higher than SMA200.
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Mastercard Incorporated (NYSE: MA) currently have 927.00M outstanding shares and institutions hold larger chunk of about 79.18% of that.
The stock has a current market capitalization of $431.07B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 36.86, while it has posted earnings per share of $12.58 in the same period. Its PEG reads 1.92 and has Quick Ratio of 1.09 while making debt-to-equity ratio of 2.16. 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 2.10% while standing at 1.70% over the month.
Stock’s fiscal year EPS is expected to rise by 16.69% while it is estimated to increase by 15.93% in next year. EPS is likely to grow at an annualized rate of 19.18% 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 BofA Securities on July 10, 2024 offering a Neutral rating for the stock and assigned a target price range of between $505 and $480 to it. Coverage by Piper Sandler stated Mastercard Incorporated (MA) stock as an Overweight in their note to investors on May 13, 2024, suggesting a price target of $531 for the stock. On April 11, 2024, TD Cowen Initiated their recommendations, while on January 11, 2024, Oppenheimer Upgrade their ratings for the stock with a price target of $510. Stock get a Neutral rating from Monness Crespi & Hardt on December 20, 2023.
