The stock of Mastercard Incorporated (NYSE:MA) decreased by -$2.41 on Tuesday to $396.17, down -0.60 percent. The last five days have seen an average of 1,528,252 shares of common stock traded. 20 times new highs were reached in the current year, with a gain of $47.24. The average number of shares traded over the last 20 days was 2,304,643, while the average volume over the last 50 days totaled 2,538,677.
MA stock dropped -1.50% since last month. On 08/03/23, the company’s shares reached a one-month low of $386.42. The stock touched a high of $405.19 on 07/27/23, after rallying from a low of $276.87 in 52 weeks. The price of MA stock has risen by 13.93% or $47.24 this year, reaching a new high 20 times. Still, the stock price is down -2.23% from the 52-week high.
Insider Transactions
MA stock investors should be aware that Mastercard Incorporated (MA) stock had its last reported insider trading activity 5 days ago on Aug 10. On Aug 10, 10% Owner Mastercard Foundation sold 125,816 shares at $398.72 each. This transaction resulted in the insider making $50,165,230. On Aug 09, Mastercard Foundation sold 125,816 shares at a price of US$394.03. After the transaction, the insider now owns 99,304,933 shares. 10% Owner Mastercard Foundation had earlier sold 125,816 shares on Aug 08 for $391.39 a share. The transaction was completed for $49,243,690.
Valuation Metrics
Mastercard Incorporated (MA) has a trailing price-to-earnings (P/E) ratio of 37.12. Beta for the stock is 1.10. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 15.91, the price-to-book (PB) ratio of 68.07, and the price-to-cash flow ratio of 36.19.
Company paid $0.57 per share in dividends, remained unchanged from $0.57 last year. A $0.08 dividend increase was reported on Tuesday December 6 2022.
Financial Health
For the three months ended June 29, Mastercard Incorporated’s quick ratio was 1.10, while its current ratio was 1.10, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 2.60, and the total debt to equity ratio is 2.84. Mastercard Incorporated’s EBITDA margin for the year ended June 29 was 60.62%, whereas its operating margin stood at 55.50% for the same period. Based on annual data, it had gross profit of $9.97 billion and revenue of $22.24 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. MA’s return on assets (ROA) during the last 12 months has been 26.50%. There was a 51.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 174.20%.
Earnings Surprise
According to Mastercard Incorporated’s quarterly financial report for the quarter that ended June 29, it had $14.28 billion in total debt versus $1.72 billion in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $6.27 billion, while revenues rose by 12.31% to $5.75 billion. It was predicted that Mastercard Incorporated’s quarterly earnings would be $2.89, but it ended up being $2.82, beating the consensus by 2.50%. EBITDA was $4.25 billion for the quarter. At the end of Mastercard Incorporated’s most recent quarter ended June 29, its liabilities totaled 33.45 billion, while its total debt was $15.62 billion. Equity owned by shareholders amounts to $942.21 million.
Technical Picture
Here’s a quick look at Mastercard Incorporated’s (MA) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 49.33%, suggesting the stock is Neutral, with a 13.07% historical volatility rate.
The stochastic %K and %D were 51.98% and 51.64% respectively, while the average true range (ATR) was 5.76. Based on the 14-day stochastic reading of 45.55%, the RSI (14) reading is 50.99%. On the 9-day MACD Oscillator, the stock is at 1.31, and the 14-day reading is at 1.71.
Analyst Ratings
In a note to investors, Barclays maintained its an Overweight rating on Mastercard Incorporated (NYSE: MA). However, the firm raised their price target to $470, indicating a possible increase of 9.34% in the stock price. Analysts have assigned Mastercard Incorporated (MA) an Buy rating. MA is a stock that is recommended for selling by 0 brokerage firms, while 3 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 5 rates it overweight and 29 others recommend it as a buy.
What is MA’s price target for the next 12 months?
The current consensus forecast for the stock is between $400.00 and $529.00, with a median target price of $451.50. In analyzing these forecasts, the average price target given by analysts for Mastercard Incorporated (MA) is $455.15.
