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

MA opened at $346.54 on Wednesday. The stock's 50-day moving average price is $335.34 and its 200 day moving average price is $347.54. Mastercard has a 12-month low of $303.65 and a 12-month high of $399.92. The firm has a market cap of $334.89 billion, a price-to-earnings ratio of 35.11, a PEG ratio of 1.70 and a beta of 1.04. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 2.20.

Mastercard (NYSE:MA - Get Rating) last issued its quarterly earnings results on Thursday, July 28th. The credit services provider reported $2.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.36 by $0.20. Mastercard had a net margin of 46.49% and a return on equity of 143.35%. The company had revenue of $5.50 billion for the quarter, compared to analyst estimates of $5.26 billion. During the same period in the prior year, the firm earned $1.95 earnings per share. The business's revenue for the quarter was up 21.5% compared to the same quarter last year. As a group, sell-side analysts expect that Mastercard will post 10.64 earnings per share for the current year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 9th. Shareholders of record on Friday, July 8th were paid a $0.49 dividend. The ex-dividend date was Thursday, July 7th. This represents a $1.96 annualized dividend and a dividend yield of 0.57%. Mastercard's dividend payout ratio (DPR) is 19.86%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on MA shares. Truist Financial lowered their target price on Mastercard from $450.00 to $420.00 and set a "buy" rating on the stock in a report on Thursday, June 30th. Susquehanna Bancshares dropped their target price on Mastercard from $430.00 to $400.00 and set a "positive" rating for the company in a report on Friday, July 29th. Bank of America reduced their price target on Mastercard from $416.00 to $402.00 and set a "buy" rating on the stock in a report on Monday, April 18th. Tigress Financial reissued a "buy" rating and issued a $472.00 price objective on shares of Mastercard in a report on Friday, July 15th. Finally, Citigroup reduced their target price on shares of Mastercard from $453.00 to $415.00 in a research note on Tuesday, July 26th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $414.55.

Insider Transactions at Mastercard

In related news, major shareholder Foundation Mastercard sold 106,330 shares of Mastercard stock in a transaction on Friday, May 13th. The stock was sold at an average price of $333.03, for a total value of $35,411,079.90. Following the completion of the transaction, the insider now directly owns 103,629,316 shares in the company, valued at $34,511,671,107.48. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.29% of the company's stock.