Mastercard Incorporated [MA] stock Resumed by Oppenheimer analyst, price target now $591

MU Stock

Mastercard Incorporated [NYSE: MA] traded at a high on Thursday, posting a 0.50 gain after which it closed the day’ session at $515.10.

The results of the trading session contributed to over 3077314 shares changing hands. Over the past one week, the price volatility of Mastercard Incorporated stands at 1.47% while the volatility over the past one month is 1.63%.

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The market cap for MA stock reached $472.77 billion, with 927.00 million shares outstanding and 818.46 million shares in the current float. Compared to the average trading volume of 2.39M shares, MA reached a trading volume of 3077314 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 $566.71 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 1.56. 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 October 01, 2024. While these analysts kept the previous recommendation, Compass Point raised their target price to Neutral. The new note on the price target was released on September 04, 2024, representing the official price target for Mastercard Incorporated stock. Previously, the target price had yet another raise to $470, while Exane BNP Paribas analysts kept a Neutral rating on MA stock. On July 10, 2024, analysts decreased their price target for MA shares from 505 to 480.

The Average True Range (ATR) for Mastercard Incorporated is set at 8.24, with the Price to Sales ratio for MA stock in the period of the last 12 months amounting to 17.36. The Price to Book ratio for the last quarter was 63.70, with the Price to Cash per share for the same quarter was set at 12.46. Price to Free Cash Flow for MA in the course of the last twelve months was 34.87 with Quick ratio for the last quarter at 1.29.

How has MA stock performed recently?

Mastercard Incorporated [MA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.02. With this latest performance, MA shares gained by 0.27% in over the last four-week period, additionally plugging by 14.16% over the last 6 months – not to mention a rise of 25.96% 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 51.39, with the RSI for the last a single of trading hit 47.24, and the three-weeks RSI is set at 53.91 for Mastercard Incorporated [MA]. The present Moving Average for the last 50 days of trading for this stock 506.38, while it was recorded at 518.12 for the last single week of trading, and 471.91 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 1.29 and a Current Ratio set at 1.29.

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 15.00%.

Insider trade positions for Mastercard Incorporated [MA]

There are presently around $79.81%, or 89.32%% of MA stock, in the hands of institutional investors. The top three institutional holders of MA stocks are: VANGUARD GROUP INC with ownership of 76.36 million shares, which is approximately 8.1838%. BLACKROCK INC., holding 69.82 million shares of the stock with an approximate value of $$30.8 billion in MA stocks shares; and BLACKROCK INC., currently with $$15.45 billion in MA stock with ownership which is approximately 3.7547%.