Market cap of Mastercard Incorporated [MA] reaches 421.28B – now what?

Mastercard Incorporated [NYSE: MA] jumped around 4.04 points on Wednesday, while shares priced at $449.23 at the close of the session, up 0.91%. The company report on January 31, 2024 at 8:01 AM that Mastercard Incorporated Fourth Quarter and Full Year 2023 Financial Results Available on Company’s Website.

Mastercard Incorporated (NYSE: MA) today announced its fourth quarter and full year 2023 financial results through an earnings release available on the company’s Investor Relations website at investor.mastercard.com. The earnings release will be furnished with the Securities and Exchange Commission (SEC) on a Form 8-K and available here.

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At 9:00 a.m. ET today, the company will host a conference call to discuss these financial results.

Compared to the average trading volume of 2.49M shares, MA reached a trading volume of 4738180 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 $468.56 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.

Oppenheimer have made an estimate for Mastercard Incorporated shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 11, 2024.

The Average True Range (ATR) for Mastercard Incorporated is set at 6.22, with the Price to Sales ratio for MA stock in the period of the last 12 months amounting to 16.77. The Price to Book ratio for the last quarter was 60.55, with the Price to Cash per share for the same quarter was set at 9.79. Price to Free Cash Flow for MA in the course of the last twelve months was 37.18 with Quick ratio for the last quarter at 1.17.

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 2.40. With this latest performance, MA shares gained by 5.33% in over the last four-week period, additionally plugging by 13.14% over the last 6 months – not to mention a rise of 21.05% 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 77.71, with the RSI for the last a single of trading hit 83.09, and the three-weeks RSI is set at 73.47 for Mastercard Incorporated [MA]. The present Moving Average for the last 50 days of trading for this stock 422.41, while it was recorded at 442.07 for the last single week of trading, and 398.19 for the last 200 days.

Mastercard Incorporated [MA]: Deeper insight into the fundamentals

Mastercard Incorporated’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.17 and a Current Ratio set at 1.17.

Earnings analysis for Mastercard Incorporated [MA]

With the latest financial reports released by the company, Mastercard Incorporated posted 2.65/share EPS, while the average EPS was predicted by analysts to be reported at 2.58/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.70%. 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 20.76%.

Insider trade positions for Mastercard Incorporated [MA]

The top three institutional holders of MA stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in MA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in MA stock with ownership which is approximately 5.8325%.