Mastercard Incorporated [NYSE: MA] traded at a high on 04/01/21, posting a 2.04 gain after which it closed the day’ session at $363.30. The company report on April 1, 2021 that Mastercard Announces New Partnerships with DoorDash and HelloFresh, While Expanding Those with Fandango, Lyft, and ShopRunner to Enhance Offerings for Cardholders.
As Consumers Increasingly Turn to Online Channels for Their Everyday Purchases the Value Propositions on Their World and World Elite Consumer Credit Cards Are Evolving to Ensure They Get Maximum Value.
As online sales continue their upward trajectory, Mastercard is announcing new and expanded partnerships to drive further value for World and World Elite consumer credit cardholders. According to Mastercard Spending Pulse, which measures in-store and online retail sales across all forms of payment, online sales grew 54.7% in February compared to 2020. New partnerships with DoorDash and HelloFresh deliver on consumers’ desire for on-demand access to the best local restaurant meals, household grocery and convenience items, and fresh meal kit delivery. Meanwhile, expanded and optimized partnerships with Fandango, Lyft, and ShopRunner help ensure cardholders are advantaged with savings at home or on the go when frequenting these online service providers.
The results of the trading session contributed to over 3669477 shares changing hands. Over the past one week, the price volatility of Mastercard Incorporated stands at 2.10% while the volatility over the past one month is 2.73%.
The market cap for MA stock reached $353.69 billion, with 999.00 million shares outstanding and 868.47 million shares in the current float. Compared to the average trading volume of 4.57M shares, MA reached a trading volume of 3669477 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Mastercard Incorporated [MA]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MA shares is $394.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MA stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Mastercard Incorporated shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 27, 2021. The new note on the price target was released on January 27, 2021, representing the official price target for Mastercard Incorporated stock. Previously, the target price had yet another raise from $315 to $415, while Jefferies kept a Buy rating on MA stock.
The Average True Range (ATR) for Mastercard Incorporated is set at 10.12, with the Price to Sales ratio for MA stock in the period of the last 12 months amounting to 23.12. The Price to Book ratio for the last quarter was 56.77, with the Price to Cash per share for the same quarter was set at 10.88. Price to Free Cash Flow for MA in the course of the last twelve months was 66.99 with Quick ratio for the last quarter at 1.60.
How has MA stock performed recently?
Mastercard Incorporated [MA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.38. With this latest performance, MA shares gained by 0.85% in over the last four-week period, additionally plugging by 7.43% over the last 6 months – not to mention a rise of 58.92% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MA stock in for the last two-week period is set at 51.88, with the RSI for the last a single of trading hit 50.96, and the three-weeks RSI is set at 52.79 for Mastercard Incorporated [MA]. The present Moving Average for the last 50 days of trading for this stock 350.96, while it was recorded at 361.32 for the last single week of trading, and 333.66 for the last 200 days.
Mastercard Incorporated [MA]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Mastercard Incorporated [MA] shares currently have an operating margin of +53.03. Mastercard Incorporated’s Net Margin is presently recorded at +41.90.
Return on Total Capital for MA is now 45.95, given the latest momentum, and Return on Invested Capital for the company is 37.47. Return on Equity for this stock inclined to 104.38, with Return on Assets sitting at 20.41. When it comes to the capital structure of this company, Mastercard Incorporated [MA] has a Total Debt to Total Equity ratio set at 211.59. Additionally, MA Total Debt to Total Capital is recorded at 67.91, with Total Debt to Total Assets ending up at 40.27. Long-Term Debt to Equity for the company is recorded at 199.48, with the Long-Term Debt to Total Capital now at 64.02.
Reflecting on the efficiency of the workforce at the company, Mastercard Incorporated [MA] managed to generate an average of $305,286 per employee. Receivables Turnover for the company is 3.07 with a Total Asset Turnover recorded at a value of 0.49.Mastercard Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.60.
Earnings analysis for Mastercard Incorporated [MA]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mastercard Incorporated go to 14.91%.
Insider trade positions for Mastercard Incorporated [MA]
There are presently around $270,386 million, or 77.50% of MA stock, in the hands of institutional investors. The top three institutional holders of MA stocks are: VANGUARD GROUP INC with ownership of 70,492,830, which is approximately -1.84% of the company’s market cap and around 11.00% of the total institutional ownership; BLACKROCK INC., holding 66,941,298 shares of the stock with an approximate value of $24.32 billion in MA stocks shares; and STATE STREET CORP, currently with $12.63 billion in MA stock with ownership of nearly -3.762% of the company’s market capitalization.
Positions in Mastercard Incorporated stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 1,299 institutional holders increased their position in Mastercard Incorporated [NYSE:MA] by around 32,788,675 shares. Additionally, 957 investors decreased positions by around 33,870,759 shares, while 269 investors held positions by with 677,589,516 shares. The mentioned changes placed institutional holdings at 744,248,950 shares, according to the latest SEC report filing. MA stock had 298 new institutional investments in for a total of 6,117,860 shares, while 99 institutional investors sold positions of 1,314,312 shares during the same period.