Mastercard Incorporated (NYSE:MA) in recent session today was buoying at a fall of -3.13% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $293.18 and 5Y monthly beta was reading 1.11 with its price kept floating in the range of $283.30 and $291.84 on the day. Company’s P/E ratio for the trailing 12 months is 40.72. Considering stock’s 52-week price range provides that MA hit a high price of $367.25 and saw its price falling to a low level of $199.99 during that period. Over a period of past 1-month, stock came losing -13.3% in its value.
With its current market valuation of $297.04 Billion, Mastercard Incorporated is set to declare its quarterly results on Jan 27, 2021- Feb 01, 2021. MA Stock’s Forward Dividend of 1.6 and its yield of 0.0055 are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of $1.72 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving down to $6.56 for 2020 with estimates of that growing to $8.54 in next year. These estimates are suggesting current year growth of -0.16% for EPS and 0.3% growth next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $4.24 Billion. They suggested that in the process company could generate revenue of as low as $3.95 Billion which could climb up to $4.62 Billion to hit a high. The average estimate is representing an increase of -4% in sales growth from that of posted by the company in the same quarter of last year. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $15.51 Billion in 2020, which will be -8.1% less from revenue generated by the company last year.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with 1 upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review MA stock’s current outlook then short term indicators are assigning it an average of Hold, while medium term indicators are categorizing the stock at an average of 50% Buy. Long term indicators are suggesting an average of 50% Sell for it.
In comparing Mastercard Incorporated (MA)’s stock with other industry players reveals that stock’s latest price change of -3.13% and that of +5.78% over the past 12 months is in competing position with that of Visa Inc (V) which saw its stock price fell by -2.62% in the recent trading and went through an increase of 3.14% in past 12-month trading. Industry’s another major player Fidelity National Information Services (FIS) has fell -0.28% down in latest trading session, but over the past year has faced a fall of -5.26%, while Fiserv Inc (FISV) is also down -3.13% however its price remained floating in the green at 5.78% over the same period. Mastercard Incorporated has a P/E ratio of 40.72 against that of Visa Inc’s 35.15 while Fidelity National Information Services is showing 1358.91 for the same. On the other hand, the S&P 500 Index was down -1.26% in the early deals while the Dow Jones Industrial was dealing lower at -0.93%.
Having a second look at Mastercard Incorporated (NYSE:MA) provides that stock’s average daily trading volume for 3 months was 3.64 Million, while it jumped to 5.15 Million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock currently stood at 988.47 Million.
Data compiled by Thomson Reuters highlights that percentage of outstanding shares held by the insiders is 11.3% while it is 78.61% for the institutional holders. The figures also indicate that as of October 14, 2020, number of stock’s short shares was 4790000 which implies a short ratio of 1.6. This shows up a 0.48% of Short Interest in company’s outstanding shares on the day. In October the standing of shares short improved as it was 3.69 Million in the previous month. Drop of -1.81% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ worries about the stock as it is hinting a further drop.