Mastercard Incorporated (NYSE: MA) is 5.97% higher on its value in year-to-date trading and has touched a low of $276.87 and a high of $392.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MA stock was last observed hovering at around $373.75 in the last trading session, with the day’s loss setting it -5.25% off its average median price target of $438.00 for the next 12 months. It is also 22.42% off the consensus price target high of $475.00 offered by analysts, but current levels are 7.88% higher than the price target low of $400.00 for the same period.
Currently trading at $368.50, the stock is -3.22% and -0.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.65 million and changing -1.40% at the moment leaves the stock 5.98% off its SMA200. MA registered 5.76% gain for a year compared to 6-month gain of 8.94%. The firm has a 50-day simple moving average (SMA 50) of $16.16 and a 200-day simple moving average (SMA200) of $28.25.
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The stock witnessed a -0.01% loss in the last 1 month and extending the period to 3 months gives it a 3.65%, and is -4.78% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.70% over the week and 1.75% over the month.
Mastercard Incorporated (MA) has around 29900 employees, a market worth around $355.04B and $22.82B in sales. Current P/E ratio is 36.81 and Fwd P/E is 25.27. Profit margin for the company is 42.30%. Distance from 52-week low is 33.09% and -6.04% from its 52-week high. The company has generated returns on investments over the last 12 months (51.50%).
Mastercard Incorporated (MA) Analyst Forecasts
The EPS is expected to grow by 16.80% this year
Mastercard Incorporated (MA) Top Institutional Holders
The shares outstanding are 953.00M, and float is at 850.48M with Short Float at 0.58%.
Mastercard Incorporated (MA) Insider Activity
A total of 84 insider transactions have happened at Mastercard Incorporated (MA) in the last six months, with sales accounting for 50 and purchases happening 34 times. The most recent transaction is an insider sale by Malhotra Raghuvir, the company’s Co-President, Intl Markets. SEC filings show that Malhotra Raghuvir sold 1,536 shares of the company’s common stock on May 18 at a price of $390.00 per share for a total of $0.6 million. Following the sale, the insider now owns 9465.0 shares.
Mastercard Incorporated disclosed in a document filed with the SEC on May 17 that Mastercard Foundation (10% Owner) sold a total of 125,816 shares of the company’s common stock. The trade occurred on May 17 and was made at $381.66 per share for $48.02 million. Following the transaction, the insider now directly holds 99.56 million shares of the MA stock.
Still, SEC filings show that on May 16, Mastercard Foundation (10% Owner) disposed off 125,816 shares at an average price of $379.30 for $47.72 million. The insider now directly holds 99,682,381 shares of Mastercard Incorporated (MA).
Mastercard Incorporated (MA): Who are the competitors?
The company’s main competitors (and peers) include JPMorgan Chase & Co. (JPM) that is trading 8.62% up over the past 12 months and Visa Inc. (V) that is 7.08% higher over the same period. Bank of America Corporation (BAC) is -21.66% down on the 1-year trading charts.