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 Stock Down 0.2 %

NYSE:MA opened at $359.25 on Wednesday. The firm has a market cap of $347.17 billion, a PE ratio of 36.40, a price-to-earnings-growth ratio of 1.71 and a beta of 1.04. Mastercard has a one year low of $303.65 and a one year high of $399.92. The stock's 50 day simple moving average is $334.85 and its 200 day simple moving average is $347.62. The company has a debt-to-equity ratio of 2.20, a current ratio of 1.26 and a quick ratio of 1.26.

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

Mastercard Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently weighed in on MA shares. JPMorgan Chase & Co. cut their price objective on Mastercard from $430.00 to $425.00 in a research report on Wednesday, July 20th. Deutsche Bank Aktiengesellschaft upped their price target on Mastercard from $420.00 to $440.00 in a report on Friday, April 29th. Wolfe Research cut their price target on Mastercard from $465.00 to $415.00 in a report on Wednesday, July 20th. Truist Financial cut their price target on Mastercard from $450.00 to $420.00 and set a "buy" rating for the company in a report on Thursday, June 30th. Finally, Macquarie cut their price target on Mastercard from $440.00 to $410.00 in a report on Friday, July 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, Mastercard presently has a consensus rating of "Moderate Buy" and an average price target of $414.09.

Insider Buying and Selling at Mastercard

In other Mastercard news, CFO J. Mehra Sachin sold 5,000 shares of the stock in a transaction on Monday, August 15th. The stock was sold at an average price of $360.00, for a total value of $1,800,000.00. Following the transaction, the chief financial officer now directly owns 15,723 shares in the company, valued at approximately $5,660,280. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.29% of the company's stock.