Mastercard Incorporated (NYSE:MA) saw a downside of -0.30% to $345.11 after subtracting -$1.05 on Wednesday. The 5-day average trading volume is 1,673,467 shares of the company’s common stock. It has gained $349.51 in the past week and touched a new high 2 times within the past 5 days. An average of 2,524,062 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,729,751.
MA’s 1-month performance is -1.46% or $1.42 on its low of $336.43 reached on 12/22/22. The company’s shares have touched a 52-week low of $276.87 and high of $399.92, with the stock’s rally to the 52-week high happening on 02/02/22. YTD, MA has lost -3.66% or -$13.32 and has reached a new high 7 times. However, the current price is down -13.71% from the 52-week high price.
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MA stock investors last saw insider trading activity on Dec 01.Vosburg Craig (Chief Product Officer) most recently sold 6,334 shares at $360.03 per share on Dec 01. This transaction cost the insider $2,280,429. 10% Owner, Mastercard Foundation, sold 177,214 shares at a price of $339.09 on Nov 11. Then, on Nov 10, 10% Owner Mastercard Foundation sold 177,211 shares at a price of $332.51 per share. This transaction amounted to $58,925,174.
MA stock has a beta of 1.10. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 15.29 while the price-to-book (PB) in the most recent quarter is 52.53, with the price to cash flow ratio at 36.81.
Mastercard Incorporated’s quick ratio for the period ended September 29 was 1.20, with the current ratio over the same period at 1.20. As well, the company’s long term debt to equity for the quarter ending September 29 was 2.13, while the total debt to equity was 2.28. The firm’s gross profit as reported stood at $8.8 billion against revenue of $18.88 billion.
For the quarterly period ending September 29 this year, Mastercard Incorporated’s cash and short-term investments amounted to $1.53 billion against total debt of $14.53 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 3.4% to $2.5 billion, while revenue of $2.27 billion was 8.96% off the previous quarter. Analysts expected MA to announce $2.56 per share in earnings in its latest quarter, but it posted $2.68, representing a 4.70% surprise. EBITDA for the quarter stood at more than $3.68 billion. MA stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 31.19 billion, with total debt at $14.53 billion. Shareholders hold equity totaling $961.46 million.
Let’s look briefly at Mastercard Incorporated (MA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 27 December was 49.29% to suggest the stock is trending Neutral, with historical volatility in this time period at 19.66%.
The stock’s 5-day moving average is $344.60, reflecting a +0.89% or $3.05 change from its current price. MA is currently trading +0.84% above its 20-day SMA, -3.22% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +17.27% and SMA200 by+5.30%.
Stochastic %K and %D was 26.88% and 23.68% and the average true range (ATR) pointed at 6.98. The RSI (14) points at 51.59%, while the 14-day stochastic is at 29.17% with the period’s ATR at 7.41. The stock’s 9-day MACD Oscillator is pointing at 0.89 and -2.75 on the 14-day charts.
In the most recent analyst report for Mastercard Incorporated (NYSE: MA), Redburn launched coverage with a Neutral rating. Analysts offering their rating for MA stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate MA as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 7 rates the stock as overweight while 26 have offered a “buy” rating.
What is MA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $310.00 and a high of $441.00, with their median price target at $400.00. Looking at these predictions, the average price target given by analysts is for Mastercard Incorporated (MA) stock is $394.51.