Mastercard Incorporated [MA] Stock trading around $397.10 per share: What’s Next?

Mastercard Incorporated [NYSE: MA] price surged by 0.07 percent to reach at $0.27. The company report on November 16, 2023 at 4:10 PM that Mastercard and CARE Partner To Launch Strive Women.

New program will focus on women as it aims to reach 6 million entrepreneurs in key regions, including APEC economies of Peru and VietnamThe Mastercard Center for Inclusive Growth.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.

Sponsored

At the APEC CEO Summit today, Mastercard’s Center for Inclusive Growth (the Center) and CARE, an international humanitarian organization, announced the launch of Mastercard Strive Women – a new program that aims to strengthen the financial health and resilience of small businesses in the APEC economies of Peru and Vietnam, as well as in Pakistan, with a focus on small businesses led by women.

A sum of 3060537 shares traded at recent session while its average daily volume was at 2.43M shares. Mastercard Incorporated shares reached a high of $399.95 and dropped to a low of $395.545 until finishing in the latest session at $397.10.

The one-year MA stock forecast points to a potential upside of 10.64. The average equity rating for MA stock is currently 1.38, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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 $444.39 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 1.38. 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.

UBS have made an estimate for Mastercard Incorporated shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 20, 2023.

The Average True Range (ATR) for Mastercard Incorporated is set at 6.24, with the Price to Sales ratio for MA stock in the period of the last 12 months amounting to 15.27. The Price to Book ratio for the last quarter was 59.08, with the Price to Cash per share for the same quarter was set at 7.99. Price to Free Cash Flow for MA in the course of the last twelve months was 36.33 with Quick ratio for the last quarter at 1.17.

MA Stock Performance Analysis:

Mastercard Incorporated [MA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.36. With this latest performance, MA shares gained by 0.99% in over the last four-week period, additionally plugging by 1.30% over the last 6 months – not to mention a rise of 15.60% 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 58.80, with the RSI for the last a single of trading hit 66.18, and the three-weeks RSI is set at 54.85 for Mastercard Incorporated [MA]. The present Moving Average for the last 50 days of trading for this stock 395.50, while it was recorded at 396.06 for the last single week of trading, and 382.64 for the last 200 days.

Insight into Mastercard Incorporated Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Mastercard Incorporated [MA] shares currently have an operating margin of +56.63 and a Gross Margin at +96.01. Mastercard Incorporated’s Net Margin is presently recorded at +44.69.

Return on Total Capital for MA is now 58.18, given the latest momentum, and Return on Invested Capital for the company is 47.58. Return on Equity for this stock inclined to 145.92, with Return on Assets sitting at 26.00. When it comes to the capital structure of this company, Mastercard Incorporated [MA] has a Total Debt to Total Equity ratio set at 234.88. Additionally, MA Total Debt to Total Capital is recorded at 70.14, with Total Debt to Total Assets ending up at 38.20. Long-Term Debt to Equity for the company is recorded at 228.31, with the Long-Term Debt to Total Capital now at 68.18.

Reflecting on the efficiency of the workforce at the company, Mastercard Incorporated [MA] managed to generate an average of $332,107 per employee. Receivables Turnover for the company is 4.79 with a Total Asset Turnover recorded at a value of 0.58.Mastercard Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.17 and a Current Ratio set at 1.17.

MA Stock EPS

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 20.84%.

Mastercard Incorporated [MA] Institutonal Ownership Details

The top three institutional holders of MA stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in MA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in MA stock with ownership which is approximately 5.7994%.