Daily Progress: Mastercard Incorporated (MA) Gain 0.33, Closing at 456.98

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In the latest session, Mastercard Incorporated (NYSE: MA) closed at $456.98 up 0.33% from its previous closing price of $455.49. In other words, the price has increased by $0.33 from its previous closing price. On the day, 1.72 million shares were traded. MA stock price reached its highest trading level at $458.58 during the session, while it also had its lowest trading level at $454.98.

Ratios:

For a deeper understanding of Mastercard Incorporated’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 55.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 2.16 whereas as Long-Term Debt/Eq ratio is at 1.87.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on April 11, 2024, initiated with a Buy rating and assigned the stock a target price of $545.

On January 11, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $510.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 09 ’24 when Mastercard Foundation sold 142,000 shares for $455.04 per share. The transaction valued at 64,616,021 led to the insider holds 95,788,308 shares of the business.

Arkell Sandra A sold 200 shares of MA for $90,710 on May 09 ’24. The Controller now owns 3,263 shares after completing the transaction at $453.55 per share. On May 08 ’24, another insider, Mastercard Foundation, who serves as the 10% Owner of the company, sold 151,000 shares for $452.55 each. As a result, the insider received 68,335,201 and left with 95,930,308 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MA now has a Market Capitalization of 424815460352 and an Enterprise Value of 432852631552. As of this moment, Mastercard’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.32, and their Forward P/E ratio for the next fiscal year is 27.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.51 while its Price-to-Book (P/B) ratio in mrq is 58.74. Its current Enterprise Value per Revenue stands at 16.844 whereas that against EBITDA is 27.477.

Stock Price History:

The Beta on a monthly basis for MA is 1.10, which has changed by 0.19188333 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, MA has reached a high of $490.00, while it has fallen to a 52-week low of $357.85. The 50-Day Moving Average of the stock is -2.28%, while the 200-Day Moving Average is calculated to be 6.90%.

Shares Statistics:

For the past three months, MA has traded an average of 2.43M shares per day and 2829050 over the past ten days. A total of 927.00M shares are outstanding, with a floating share count of 825.00M. Insiders hold about 11.25% of the company’s shares, while institutions hold 79.03% stake in the company. Shares short for MA as of 1714435200 were 4305859 with a Short Ratio of 1.77, compared to 1711584000 on 4445194. Therefore, it implies a Short% of Shares Outstanding of 4305859 and a Short% of Float of 0.52.

Dividends & Splits

According to the company, the forward annual dividend rate for MA is 2.46, from 2.46 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0054007773The stock’s 5-year Average Dividend Yield is 0.51. The current Payout Ratio is 20.03% for MA, which recently paid a dividend on 2024-04-08 with an ex-dividend date of 1712534400. Stock splits for the company last occurred on 2014-01-22 when the company split stock in a 10:1 ratio.

Earnings Estimates

Its stock is currently analyzed by 26.0 different market analysts. On average, analysts expect EPS of $3.51 for the current quarter, with a high estimate of $3.58 and a low estimate of $3.46, while EPS last year was $2.89. The consensus estimate for the next quarter is $3.75, with high estimates of $3.84 and low estimates of $3.62.

Analysts are recommending an EPS of between $14.65 and $14.08 for the fiscal current year, implying an average EPS of $14.3. EPS for the following year is $16.63, with 31.0 analysts recommending between $17.37 and $15.94.

Revenue Estimates

A total of 23 analysts believe the company’s revenue will be $6.85B this quarter.It ranges from a high estimate of $6.89B to a low estimate of $6.79B. As of the current estimate, Mastercard Incorporated’s year-ago sales were $6.27BFor the next quarter, 23 analysts are estimating revenue of $7.24B. There is a high estimate of $7.39B for the next quarter, whereas the lowest estimate is $7.11B.

A total of 30 analysts have provided revenue estimates for MA’s current fiscal year. The highest revenue estimate was $28.08B, while the lowest revenue estimate was $27.69B, resulting in an average revenue estimate of $27.84B. In the same quarter a year ago, actual revenue was $25.1BBased on 30 analysts’ estimates, the company’s revenue will be $31.32B in the next fiscal year. The high estimate is $32.06B and the low estimate is $30.8B.

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