The trading price of Mastercard Incorporated (NYSE:MA) floating lower at last check on Wednesday, October 13, closing at $342.45, -0.84% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $344.62 and $350.00. The company’s P/E ratio in the trailing 12-month period was 47.96, while its 5Y monthly beta was 1.13. In examining the 52-week price action we see that the stock hit a 52-week high of $401.50 and a 52-week low of $281.20. Over the past month, the stock has lost -0.71% in value.
Mastercard Incorporated, whose market valuation is $339.77 billion at the time of this writing, is expected to release its quarterly earnings report Oct 28, 2021. The dividend yield on the company stock is 0.51%, while its Forward Dividend ratio is 1.76. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $2.19 per share this quarter, however they have predicted annual earnings per share of $8.12 for 2021 and $10.63 for 2022. It means analysts are expecting annual earnings per share growth of 26.30% this year and 30.90% next year.
Analysts have forecast the company to bring in revenue of $4.95 billion for the current quarter, with the likely lows of $4.9 billion and highs of $5 billion. The average estimate suggests sales will likely up by 29.10% this quarter compared to what was recorded in the comparable quarter last year. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2021 is $18.84 billion. The company’s revenue is forecast to grow by 23.10% over what it did in 2021.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Mastercard Incorporated No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest MA has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned MA a recommendation rating is 37. Out of them, 7 rate it a Hold, while 25 recommend Buy, whereas 5 assign an Overweight rating. 0 analyst(s) have tagged Mastercard Incorporated (MA) as Underweight, while 0 advise Sell. Analysts have rated the stock Overweight, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.76, which symbolizes a positive outlook. A quick review shows that MA’s price is currently -1.78% off the SMA20 and -3.22% off the SMA50. The RSI metric on the 14-day chart is currently showing 43.64, and weekly volatility stands at 2.21%. When measured over the past 30 days, the indicator reaches 2.21%. Mastercard Incorporated (NYSE:MA)’s beta value is currently sitting at 1.15, while the Average True Range indicator is currently displaying 8.06. With analysts defining $385.00-$482.00 as the low and high price targets, we arrive at a consensus price target of $437.40 for the trailing 12-month period. The current price is about -12.43% off the estimated low and -40.75% off the forecast high, based on this estimate. Investors will be thrilled if MA’s share price rises to $445.00, which is the median consensus price. At that level, MA’s share price would be -29.95% below current price.
To see how Mastercard Incorporated stock has been performing today in comparison to its peers in the industry, here are the numbers: MA stock’s performance was -0.84% at last check in today’s session, and -1.90% in the past year, while JPMorgan Chase & Co. (JPM) has been trading -2.60% in recent session and positioned 61.42% higher than it was a year ago. Another comparable company Visa Inc. (V) saw its stock trading -0.60% lower in today’s session but was up 8.55% in a year. Furthermore, Bank of America Corporation (BAC) showed a decrease of -1.46% today while its price kept inclining at 69.55% over the past year. Mastercard Incorporated has a P/E ratio of 47.96, compared to JPMorgan Chase & Co.’s 11.03 and Visa Inc.’s 53.95. Also during today’s trading, the S&P 500 Index has plunged -0.13%, while the Dow Jones Industrial also saw a negative session, down -0.39% today.
An evaluation of the daily trading volume of Mastercard Incorporated (NYSE:MA) indicates that the 3-month average is 3.78 million.
Currently, records show that 990.00 million of the company’s shares remain outstanding. The insiders hold 10.90% of outstanding shares, whereas institutions hold 77.40%. However, since the stock’s price has seen -3.25% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.