MasterCard Sees Unusually Large Options Volume (MA)
MasterCard (NYSE:MA) was the target of some unusual options trading activity on Monday. Stock investors purchased 20,761 call options on the company, AnalystRatingsNetwork reports. This is an increase of 258% compared to the average volume of 5,797 call options.
MA has been the subject of a number of recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of MasterCard in a research note to investors on Tuesday. Finally, analysts at Evercore Partners raised their price target on shares of MasterCard from $790.00 to $954.00 in a research note to investors on Thursday, December 19th. Twelve equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. MasterCard currently has a consensus rating of “Buy” and a consensus target price of $729.17.
Shares of MasterCard (NYSE:MA) opened at 826.69 on Tuesday. MasterCard has a 52 week low of $507.36 and a 52 week high of $839.38. The stock has a 50-day moving average of $784.6 and a 200-day moving average of $683.3. The company has a market cap of $99.514 billion and a price-to-earnings ratio of 32.70.
MasterCard (NYSE:MA) last released its earnings data on Thursday, October 31st. The company reported $7.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.92 by $0.35. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the previous year, the company posted $6.17 earnings per share. The company’s revenue for the quarter was up 15.6% on a year-over-year basis. Analysts expect that MasterCard will post $26.39 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, February 10th. Shareholders of record on Thursday, January 9th will be paid a dividend of 1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Tuesday, January 7th.
MasterCard Incorporated (NYSE:MA) is a global payments and technology company that connects consumers, financial institutions, merchants, Governments and businesses worldwide, enabling them to use electronic forms of payment instead of cash and checks.
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