Mastercard Incorporated (NYSE:MA – Get Rating) has been assigned a consensus rating of “Buy” from the seventeen analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and fifteen have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $426.88.
Several analysts recently issued reports on MA shares. StockNews.com started coverage on Mastercard in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Wedbush reduced their price target on Mastercard from $400.00 to $380.00 and set an “outperform” rating for the company in a research note on Monday, December 20th. Barclays reduced their price target on Mastercard from $430.00 to $420.00 and set an “overweight” rating for the company in a research note on Monday, April 4th. Morgan Stanley lifted their price objective on Mastercard from $448.00 to $449.00 and gave the company an “overweight” rating in a report on Friday, January 28th. Finally, Raymond James dropped their price objective on Mastercard from $453.00 to $447.00 and set an “outperform” rating for the company in a report on Friday, January 28th.
In other Mastercard news, insider Craig Vosburg sold 1,561 shares of the company’s stock in a transaction dated Tuesday, March 29th. The stock was sold at an average price of $365.00, for a total value of $569,765.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Foundation Mastercard sold 155,060 shares of the company’s stock in a transaction dated Monday, February 14th. The stock was sold at an average price of $372.93, for a total value of $57,826,525.80. The disclosure for this sale can be found here. Insiders have sold a total of 482,051 shares of company stock valued at $181,949,746 in the last three months. 0.33% of the stock is owned by insiders.
Shares of NYSE MA traded down $1.02 during midday trading on Monday, hitting $356.80. 1,868,554 shares of the company’s stock were exchanged, compared to its average volume of 4,614,696. The company’s 50 day moving average price is $353.76 and its 200 day moving average price is $353.02. The firm has a market capitalization of $348.76 billion, a PE ratio of 40.67, a price-to-earnings-growth ratio of 1.76 and a beta of 1.08. Mastercard has a 12 month low of $305.61 and a 12 month high of $401.50. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.78.
Mastercard (NYSE:MA – Get Rating) last released its quarterly earnings results on Thursday, January 27th. The credit services provider reported $2.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.19 by $0.16. The business had revenue of $5.22 billion during the quarter, compared to the consensus estimate of $5.17 billion. Mastercard had a return on equity of 122.90% and a net margin of 46.00%. The firm’s quarterly revenue was up 26.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.64 EPS. On average, equities research analysts anticipate that Mastercard will post 10.19 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, May 9th. Stockholders of record on Friday, April 8th will be issued a dividend of $0.49 per share. The ex-dividend date of this dividend is Thursday, April 7th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 0.55%. Mastercard’s dividend payout ratio (DPR) is currently 22.37%.
Mastercard Company Profile (Get Rating)
Mastercard, Inc operates as a technology company. The firm engages in the payments industry that connects consumers, financial institutions, merchants, governments and business. It offers payment solutions for the development and implementation of credit, debit, prepaid, commercial and payment programs.
- Get a free copy of the StockNews.com research report on Mastercard (MA)
- Banking On Bank Of America
- Major Shareholder Bets Big On Nielson Holdings plc
- Tapestry Stock is a Value Play Down Here
- Levi Straus Stock Ready to Buy the Dip
- Bed Bath & Beyond Stock Ready to Scale Into
Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.