Mastercard Incorporated (NYSE: MA) is 18.93% higher on its value in year-to-date trading and has touched a low of $359.77 and a high of $508.79 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 $506.66 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $507.23, the stock is 2.26% and 5.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.89 million and changing 0.11% at the moment leaves the stock 9.95% off its SMA200. MA registered 27.44% gain for a year compared to 6-month gain of 10.31%. The firm has a 50-day simple moving average (SMA 50) of $482.575 and a 200-day simple moving average (SMA200) of $461.30765.
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The stock witnessed a 1.91% loss in the last 1 month and extending the period to 3 months gives it a 12.43%, and is 2.05% up 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 1.17% over the week and 1.30% over the month.
Mastercard Incorporated (MA) has around 33400 employees, a market worth around $468.60B and $26.41B in sales. Current P/E ratio is 38.76 and Fwd P/E is 30.46. Profit margin for the company is 46.42%. Distance from 52-week low is 40.99% and -0.31% from its 52-week high. The company has generated returns on investments over the last 12 months (55.87%).
The EPS is expected to grow by 16.85% this year.
Mastercard Incorporated (MA) Top Institutional Holders
4073.0 institutions hold shares in Mastercard Incorporated (MA), with institutional investors hold 89.03% of the company’s shares. The shares outstanding are 927.00M, and float is at 823.77M with Short Float at 0.67%. Institutions hold 79.59% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 76.36 million shares valued at $33.68 billion. The investor’s holdings represent 8.1838% of the MA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 69.82 million shares valued at $30.8 billion to account for 7.4832 of the shares outstanding. The other top investors are STATE STREET CORP which holds 35.03 million shares representing 3.7547% and valued at over $15.45 billion, while JPMORGAN CHASE & CO holds 2.988 of the shares totaling 27.88 million with a market value of $12.3 billion.
Mastercard Incorporated (MA) Insider Activity
The most recent transaction is an insider sale by Madabhushi Venkata R, the company’s Chief Marketing Officer. SEC filings show that Madabhushi Venkata R sold 4,686 shares of the company’s common stock on Sep 27 ’24 at a price of $491.03 per share for a total of $2.3 million. Following the sale, the insider now owns 12943.0 shares.
Still, SEC filings show that on Sep 20 ’24, Madabhushi Venkata R (Chief Marketing Officer) disposed off 4,685 shares at an average price of $489.86 for $2.29 million. The insider now directly holds 15,031 shares of Mastercard Incorporated (MA).
