Mastercard Incorporated (NYSE: MA) is 22.01% higher on its value in year-to-date trading and has touched a low of $394.76 and a high of $534.03 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 $521.88 in the last trading session, with the day’s loss setting it -1.48%.
Currently trading at $520.40, the stock is 1.16% and 3.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.48 million and changing -0.28% at the moment leaves the stock 10.62% off its SMA200. MA registered 30.87% gain for a year compared to 6-month gain of 13.41%. The firm has a 50-day simple moving average (SMA 50) of $503.2028 and a 200-day simple moving average (SMA200) of $470.45966.
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The stock witnessed a 1.23% loss in the last 1 month and extending the period to 3 months gives it a 10.99%, and is 0.49% 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 1.43% over the week and 1.49% over the month.
Mastercard Incorporated (MA) has around 33400 employees, a market worth around $477.64B and $27.23B in sales. Current P/E ratio is 39.35 and Fwd P/E is 31.84. Profit margin for the company is 45.25%. Distance from 52-week low is 31.83% and -2.55% from its 52-week high. The company has generated returns on investments over the last 12 months (49.20%).
The EPS is expected to grow by 18.23% this year
4111.0 institutions hold shares in Mastercard Incorporated (MA), with institutional investors hold 90.23% of the company’s shares. The shares outstanding are 927.00M, and float is at 817.43M with Short Float at 0.78%. Institutions hold 80.62% 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
Mastercard Incorporated disclosed in a document filed with the SEC on Nov 01 ’24 that SACHIN J. MEHRA (Chief Financial Officer) sold a total of 4,716 shares of the company’s common stock. The trade occurred on Nov 01 ’24 and was made at $500.44 per share for $2.36 million. Following the transaction, the insider now directly holds 27304.0 shares of the MA stock.
Still, SEC filings show that on Nov 01 ’24, SACHIN MEHRA (Director) Proposed Sale 4,716 shares at an average price of $499.59 for $2.36 million. The insider now directly holds shares of Mastercard Incorporated (MA).
