Mastercard - MA Stock Forecast, Price & News

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers other payment-related products and services. The company offers integrated products and value-added services for account holders, merchants, financial institutions, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; prepaid programs and management services; commercial credit and debit payment products and solutions; and payment products and solutions that allow its customers to access funds in deposit and other accounts. It also provides value-added products and services comprising cyber and intelligence solutions for parties to transact, as well as proprietary insights, drawing on principled use of consumer, and merchant data services. In addition, the company offers analytics, test and learn, consulting, managed services, loyalty, processing, and payment gateway solutions for e-commerce merchants. Further, it provides open banking and digital identity platforms services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Mastercard Price Performance

Shares of MA opened at $357.36 on Friday. The stock has a market capitalization of $345.34 billion, a P/E ratio of 36.21, a P/E/G ratio of 1.67 and a beta of 1.04. Mastercard has a twelve month low of $303.65 and a twelve month high of $399.92. The company has a 50 day moving average of $334.88 and a 200-day moving average of $347.47. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 2.20.

Mastercard (NYSE:MA - Get Rating) last released its earnings results on Thursday, July 28th. The credit services provider reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.20. Mastercard had a net margin of 46.49% and a return on equity of 143.35%. The business had revenue of $5.50 billion during the quarter, compared to analysts' expectations of $5.26 billion. During the same period last year, the business earned $1.95 earnings per share. The firm's revenue was up 21.5% on a year-over-year basis. As a group, equities research analysts forecast that Mastercard will post 10.63 EPS for the current fiscal year.

Mastercard Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 9th. Shareholders of record on Friday, July 8th were given a dividend of $0.49 per share. The ex-dividend date of this dividend was Thursday, July 7th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 0.55%. Mastercard's payout ratio is presently 19.86%.

Wall Street Analyst Weigh In

MA has been the topic of several research reports. The Goldman Sachs Group initiated coverage on Mastercard in a research report on Tuesday, May 17th. They issued a "buy" rating and a $460.00 target price on the stock. Daiwa Capital Markets lowered Mastercard from an "outperform" rating to a "neutral" rating and dropped their target price for the stock from $385.00 to $375.00 in a research report on Tuesday. BMO Capital Markets upped their target price on Mastercard from $402.00 to $422.00 in a research report on Monday, August 1st. Morgan Stanley upped their target price on Mastercard from $452.00 to $457.00 and gave the stock an "overweight" rating in a research report on Friday, July 29th. Finally, Wolfe Research dropped their target price on Mastercard from $465.00 to $415.00 in a research report on Wednesday, July 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have given a buy rating to the company's stock. According to data from MarketBeat.com, Mastercard currently has a consensus rating of "Moderate Buy" and a consensus target price of $414.09.

Insider Buying and Selling

In other Mastercard news, CFO J. Mehra Sachin sold 5,000 shares of the firm's stock in a transaction that occurred on Monday, August 15th. The shares were sold at an average price of $360.00, for a total value of $1,800,000.00. Following the sale, the chief financial officer now owns 15,723 shares in the company, valued at $5,660,280. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.29% of the stock is currently owned by company insiders.