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Mastercard Incorporated (NYSE:MA) Given Average Rating of "Buy" by Brokerages

Mastercard logo with Business Services background
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Key Points

  • Mastercard has a consensus analyst rating of “Buy” from 29 brokerage firms, with an average 12-month price target of $656.
  • The company recently reported better-than-expected quarterly results, posting earnings of $4.60 per share on revenue of $8.40 billion, both above estimates and up sharply from a year earlier.
  • Recent headlines were mixed but leaned positive, including a new merchant trust/fraud-prevention initiative and an expanded partnership with JD.com, though some sentiment pressure came from a lower price target and Berkshire Hathaway exiting its stake.
  • Five stocks we like better than Mastercard.

Shares of Mastercard Incorporated (NYSE:MA - Get Free Report) have been given a consensus recommendation of "Buy" by the twenty-nine ratings firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, twenty-one have issued a buy rating and six have assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $656.00.

A number of research firms have commented on MA. Wolfe Research reiterated an "outperform" rating on shares of Mastercard in a research note on Tuesday, March 17th. Tigress Financial increased their price objective on shares of Mastercard from $730.00 to $735.00 and gave the company a "strong-buy" rating in a research note on Friday, March 13th. Evercore reiterated a "negative" rating on shares of Mastercard in a research note on Tuesday, March 17th. TD Cowen reiterated a "buy" rating on shares of Mastercard in a research note on Tuesday, March 17th. Finally, Raymond James Financial set a $609.00 price objective on shares of Mastercard in a research note on Friday, May 1st.

Get Our Latest Analysis on Mastercard

Mastercard Price Performance

Shares of MA stock opened at $499.32 on Wednesday. The company has a market capitalization of $441.19 billion, a PE ratio of 28.90, a price-to-earnings-growth ratio of 1.58 and a beta of 0.76. The firm has a fifty day simple moving average of $502.47 and a 200-day simple moving average of $530.50. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56. Mastercard has a twelve month low of $480.50 and a twelve month high of $601.77.

Mastercard (NYSE:MA - Get Free Report) last announced its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, beating the consensus estimate of $4.41 by $0.19. The business had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The business's quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.73 earnings per share. Equities research analysts anticipate that Mastercard will post 19.6 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of Mastercard by 820.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider's stock worth $26,000 after purchasing an additional 41 shares during the period. Strive Financial Group LLC acquired a new stake in shares of Mastercard during the fourth quarter worth $27,000. Hyposwiss Advisors SA acquired a new stake in shares of Mastercard during the fourth quarter worth $29,000. Foster Dykema Cabot & Partners LLC raised its holdings in shares of Mastercard by 250.0% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider's stock worth $32,000 after purchasing an additional 40 shares during the period. Finally, Tacita Capital Inc raised its holdings in shares of Mastercard by 50.0% during the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider's stock worth $32,000 after purchasing an additional 19 shares during the period. 97.28% of the stock is currently owned by institutional investors.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

Mastercard Company Profile

(Get Free Report)

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.

See Also

Analyst Recommendations for Mastercard (NYSE:MA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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