As of Friday close, Mastercard Incorporated’s (NYSE:MA) stock was down -$1.14, moving down -0.28 percent to $402.22. The average number of shares traded per day over the past five days has been 1,891,140 shares. 1 time new highs have been achieved over the past 5 days, with a -$12.09 fall in that time frame. In the last twenty days, the average volume was 2,265,060, while in the previous 50 days, it was 2,277,926.
Since last month, MA stock rose 0.29%. Shares of the company fell to $397.50 on 08/24/23, the lowest level in the past month. A 52-week high of $418.60 was reached on 09/14/23 after having rallying from a 52-week low of $276.87. Since the beginning of this year, MA’s stock price has risen by 15.67% or $54.49, and marked a new high 25 times. However, the stock has declined by -3.91% since its 52-week high.
MA stock investors should be aware that Mastercard Incorporated (MA) stock had its last reported insider trading activity 3 days ago on Sep 20. Bhalla Ajay, the President Cyber & Intelligence of the company, disposed of 2,093 shares for $415.00 on Sep 20. It resulted in a $868,595 divestment by the insider. Bhalla Ajay sold 4,000 shares at an average price of $416.96 on Sep 19. The insider now owns 6,235 shares following the transaction. On Sep 18, President Cyber & Intelligence Bhalla Ajay sold 4,000 shares at $413.88 apiece. The transaction was valued at $1,655,520.
Valuation Metrics
Right now, Mastercard Incorporated (MA) has a P/E ratio of about 37.68. The stock’s beta is 1.09. Besides these, the trailing price-to-sales (P/S) ratio of 16.03, the price-to-book (PB) ratio of 69.11, and the price-to-cash flow ratio of 36.45 may also be considered.
The latest dividend of $0.57 per share was paid out, remained unchanged from last year’s $0.57.
Financial Health
In the three months ended June 29, Mastercard Incorporated’s quick ratio stood at 1.10, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 2.60, and the total debt-to-equity ratio was 2.84. In the year ended June 29, EBITDA margin amounted to 60.62%, whereas operating margins totaled 55.50%. Based on annual data, MA earned $9.97 billion in gross profit and brought in $22.24 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 51.50%. Return on equity (ROE) for the past 12 months was 174.20%.
In Mastercard Incorporated’s quarter-end financial report for June 29, it reported total debt of $14.28 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MA’s revenue rose 12.31% to $5.75 billion during the quarter, while net income inched up to $6.27 billion. While analysts expected Mastercard Incorporated to report $2.82 quarterly earnings, the actual figure was $2.89 per share, beating the consensus estimate by 2.50%. During the quarter, the company generated $4.25 billion in EBITDA. The liabilities of Mastercard Incorporated were 33.45 billion at the end of its most recent quarter ended June 29, and its total debt was $15.62 billion. The value of shareholders’ equity is $942.21 million.
Technical Picture
This quick technical analysis looks at Mastercard Incorporated’s (MA) price momentum. With a historical volatility rate of 10.23%, the RSI 9-day stood at 32.13% on 22 September.
With respect to its five-day moving average, the current Mastercard Incorporated price is down by -2.92% percent or -$12.09. At present, MA shares trade +1.14% above its 20-day simple moving average and +5.89% percent above its 100-day simple moving average. However, the stock is currently trading approximately +0.41% above its SMA50 and +12.95% above its SMA200.
Stochastic coefficient K was 12.28% and Stochastic coefficient D was 32.13%, while ATR was 5.66. Given the Stochastic reading of 3.87% for the 14-day period, the RSI (14) reading has been calculated as 41.69%. As of today, the MACD Oscillator reading stands at -6.52, while the 14-day reading stands at -7.33.
Analyst Ratings
Barclays reiterated its an Overweight rating on Mastercard Incorporated (NYSE: MA) in a note to investors. The analysts firm has however raised their price target to $470, representing a possible 7.96% increase in the stock price. Mastercard Incorporated (MA) has been rated Buy by analysts. According to 0 brokerage firms, MA is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 5 analysts rate Mastercard Incorporated stock as buy, with 28 recommending it as overweight.
With a median target price of $455.00, the current consensus forecast for the stock is $410.00 – $529.00. Based on these forecasts, analysts predict Mastercard Incorporated (MA) will achieve an average price target of $459.93.
