Mastercard Incorporated (NYSE:MA) Receives Average Rating of “Buy” from Analysts

Shares of Mastercard Incorporated (NYSE:MAGet Free Report) have earned an average rating of “Buy” from the twenty-eight research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, twenty have issued a buy recommendation and six have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $656.0385.

MA has been the subject of several recent research reports. TD Cowen reissued a “buy” rating on shares of Mastercard in a research report on Tuesday, March 17th. Morgan Stanley reissued an “overweight” rating and set a $679.00 price target on shares of Mastercard in a research report on Friday, May 1st. Wall Street Zen downgraded Mastercard from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Raymond James Financial set a $609.00 price target on Mastercard in a research report on Friday, May 1st. Finally, Tigress Financial lifted their price objective on Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a research report on Friday, March 13th.

View Our Latest Research Report on MA

Mastercard Stock Performance

Mastercard stock opened at $489.36 on Friday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a fifty day moving average of $499.31 and a two-hundred day moving average of $523.57. The company has a market capitalization of $432.39 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 1.53 and a beta of 0.74. Mastercard has a fifty-two week low of $464.52 and a fifty-two week high of $601.77.

Mastercard (NYSE:MAGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.19. The company had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.Mastercard’s revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $3.73 earnings per share. On average, analysts anticipate that Mastercard will post 19.6 EPS for the current fiscal year.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

Institutional Investors Weigh In On Mastercard

A number of hedge funds and other institutional investors have recently made changes to their positions in MA. Brighton Jones LLC grew its position in shares of Mastercard by 42.3% in the fourth quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock valued at $3,594,000 after purchasing an additional 2,028 shares during the period. Schnieders Capital Management LLC. grew its position in shares of Mastercard by 8.5% in the second quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock valued at $1,432,000 after purchasing an additional 200 shares during the period. Betterment LLC grew its position in shares of Mastercard by 6.5% in the second quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock valued at $532,000 after purchasing an additional 58 shares during the period. Worldquant Millennium Advisors LLC grew its position in shares of Mastercard by 35.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock valued at $380,548,000 after purchasing an additional 178,387 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Mastercard in the second quarter valued at $431,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.

About Mastercard

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Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.

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Analyst Recommendations for Mastercard (NYSE:MA)

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