Mastercard Incorporated [NYSE: MA] jumped around 8.1 points on Wednesday, while shares priced at $319.51 at the close of the session, up 2.60%. The company report on October 24, 2022 that Mastercard Teams up With Marvel Studios’ Black Panther: Wakanda Forever to Spotlight Small Business Superheroes.
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Support gives fans Priceless experiential screenings, shines a light on Black women small business owners and encourages consumers to shop their businesses.
Mastercard announced today its collaboration with Marvel Studios’ “Black Panther: Wakanda Forever”, in theaters November 11, to spotlight Black excellence and the irrepressible strength of Black women – both on and off the screen. With Priceless experiences, digital engagements and shoppable content that supports and celebrates the superpowers of Black business leaders, Mastercard is honoring the film’s inspiring message that the spirit of Wakanda is all around us.
Mastercard Incorporated stock is now -11.08% down from its year-to-date (YTD) trading value. MA Stock saw the intraday high of $324.45 and lowest of $312.29 per share. The company’s 52-week high price is 399.92, which means current price is +15.40% above from all time high which was touched on 02/02/22.
Compared to the average trading volume of 2.78M shares, MA reached a trading volume of 5274534 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 $403.86 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.
Deutsche Bank have made an estimate for Mastercard Incorporated shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 13, 2022. While these analysts kept the previous recommendation, Daiwa Securities dropped their target price from $385 to $375. The new note on the price target was released on August 16, 2022, representing the official price target for Mastercard Incorporated stock. Previously, the target price had yet another raise to $460, while Goldman analysts kept a Buy rating on MA stock. On April 29, 2022, analysts decreased their price target for MA shares from 360 to 357.
The Average True Range (ATR) for Mastercard Incorporated is set at 8.65, with the Price to Sales ratio for MA stock in the period of the last 12 months amounting to 14.50. The Price to Book ratio for the last quarter was 50.24, with the Price to Cash per share for the same quarter was set at 6.72. Price to Free Cash Flow for MA in the course of the last twelve months was 39.37 with Quick ratio for the last quarter at 1.30.
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 7.30. With this latest performance, MA shares gained by 11.53% in over the last four-week period, additionally sinking by -11.63% over the last 6 months – not to mention a drop of -10.58% 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 62.67, with the RSI for the last a single of trading hit 71.78, and the three-weeks RSI is set at 56.85 for Mastercard Incorporated [MA]. The present Moving Average for the last 50 days of trading for this stock 313.27, while it was recorded at 307.03 for the last single week of trading, and 339.98 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 +53.94. Mastercard Incorporated’s Net Margin is presently recorded at +46.00.
Return on Equity for this stock inclined to 126.79, with Return on Assets sitting at 24.38.
Mastercard Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.
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 22.11%.
Insider trade positions for Mastercard Incorporated [MA]
There are presently around $234,488 million, or 78.30% of MA stock, in the hands of institutional investors. The top three institutional holders of MA stocks are: VANGUARD GROUP INC with ownership of 76,691,380, which is approximately 0.881% of the company’s market cap and around 10.70% of the total institutional ownership; BLACKROCK INC., holding 64,361,891 shares of the stock with an approximate value of $20.56 billion in MA stocks shares; and STATE STREET CORP, currently with $10.78 billion in MA stock with ownership of nearly -3.321% of the company’s market capitalization.
1,112 institutional holders increased their position in Mastercard Incorporated [NYSE:MA] by around 26,351,837 shares. Additionally, 1,245 investors decreased positions by around 25,261,178 shares, while 353 investors held positions by with 682,286,811 shares. The mentioned changes placed institutional holdings at 733,899,826 shares, according to the latest SEC report filing. MA stock had 140 new institutional investments in for a total of 4,462,634 shares, while 136 institutional investors sold positions of 2,115,838 shares during the same period.