Mastercard Incorporated (NYSE:MA) saw a downside of -1.63% to $390.42 after subtracting -$6.45 on Tuesday. The 5-day average trading volume is 1,799,142 shares of the company’s common stock. It has gained $397.75 in the past week and touched a new high 3 times within the past 5 days. An average of 2,447,545 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,817,452.
MA’s 1-month performance is -0.44% or $1.90 on its low of $386.42 reached on 08/03/23. The company’s shares have touched a 52-week low of $276.87 and high of $405.19, with the stock’s rally to the 52-week high happening on 07/27/23. YTD, MA has achieved 12.28% or $42.85 and has reached a new high 20 times. However, the current price is down -3.65% from the 52-week high price.
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Insider Transactions
MA stock investors last saw insider trading activity on Aug 02.Murphy Timothy H (Chief Administrative Officer) most recently sold 7,508 shares at $391.18 per share on Aug 02. This transaction cost the insider $2,936,946. Chief Financial Officer, SACHIN J. MEHRA, sold 10,838 shares at a price of $394.38 on Aug 01. Then, on Jul 12, Chief Product Officer Vosburg Craig sold 6,333 shares at a price of $400.00 per share. This transaction amounted to $2,533,200.
Valuation Metrics
MA stock has a beta of 1.10. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 15.66 while the price-to-book (PB) in the most recent quarter is 67.08, with the price to cash flow ratio at 44.30.
Mastercard Incorporated’s quick ratio for the period ended June 29 was 1.10, with the current ratio over the same period at 1.10. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.60, while the total debt to equity was 2.84. The trailing 12-month EBITDA margin is 60.62% while for the period ending June 29, Mastercard Incorporated’s operating margin was 55.50%. The firm’s gross profit as reported stood at $9.97 billion against revenue of $22.24 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Mastercard Incorporated’s cash and short-term investments amounted to $1.72 billion against total debt of $15.62 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 20.04% to $2.85 billion, while revenue of $2.36 billion was 17.01% off the previous quarter. Analysts expected MA to announce $2.82 per share in earnings in its latest quarter, but it posted $2.89, representing a 2.50% surprise. EBITDA for the quarter stood at more than $4.25 billion. MA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 33.45 billion, with total debt at $15.62 billion. Shareholders hold equity totaling $942.21 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 07 August was 43.31% to suggest the stock is trending Neutral, with historical volatility in this time period at 18.28%.
The stock’s 5-day moving average is $392.37, reflecting a -1.63% or -$6.49 change from its current price. MA is currently trading -1.81% above its 20-day SMA, +12.21% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +5.55% and SMA200 by+31.17%.
Stochastic %K and %D was 34.70% and 32.17% and the average true range (ATR) pointed at 6.28. The RSI (14) points at 47.08%, while the 14-day stochastic is at 22.16% with the period’s ATR at 6.17. The stock’s 9-day MACD Oscillator is pointing at -0.47 and -3.11 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Mastercard Incorporated (NYSE: MA), Barclays reiterated its an Overweight rating for the company but lifted their price target by $437 to $470. 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 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 6 rates the stock as overweight while 28 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 $400.00 and a high of $529.00, with their median price target at $451.50. Looking at these predictions, the average price target given by analysts is for Mastercard Incorporated (MA) stock is $455.15.
