Mastercard (MA) Earning Somewhat Positive Media Coverage, Analysis Shows
Press coverage about Mastercard (NYSE:MA) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mastercard earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the credit services provider an impact score of 46.4416695533838 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- This I-75 exit has a credit card skimmer problem (wcpo.com)
- 8 arrested for credit card skimming, officials looking for more (whas11.com)
- This Week In Credit Card News: The Future Of The CFPB; Is Cryptocurrency Becoming More Accepted? (forbes.com)
- Don’t Trust Merchants With Your Credit Card Info? Use A Burner (nasdaq.com)
- GE Market Cap Drops Below Mastercard (marketwatch.com)
A number of analysts recently weighed in on the stock. Bank of America Corporation upped their price target on shares of Mastercard from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, November 6th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $165.00 price target on shares of Mastercard in a research report on Tuesday, October 31st. Zacks Investment Research cut shares of Mastercard from a “buy” rating to a “hold” rating in a research report on Wednesday, November 8th. Loop Capital upped their price target on shares of Mastercard to $167.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. They noted that the move was a valuation call. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $174.00 price target (up from $157.00) on shares of Mastercard in a research report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $157.68.
Mastercard (NYSE:MA) traded down $1.31 on Friday, reaching $149.02. 3,158,024 shares of the company traded hands, compared to its average volume of 3,388,095. The firm has a market capitalization of $157,761.81, a price-to-earnings ratio of 34.58, a price-to-earnings-growth ratio of 1.99 and a beta of 1.21. Mastercard has a 52-week low of $99.51 and a 52-week high of $152.00. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.83.
Mastercard (NYSE:MA) last released its quarterly earnings data on Tuesday, October 31st. The credit services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.11. The firm had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.28 billion. Mastercard had a net margin of 38.70% and a return on equity of 78.38%. Mastercard’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.08 earnings per share. equities analysts anticipate that Mastercard will post 4.54 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 9th. Investors of record on Friday, October 6th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, October 5th. This represents a $0.88 annualized dividend and a yield of 0.59%. Mastercard’s dividend payout ratio (DPR) is 20.47%.
In other Mastercard news, insider Craig Vosburg sold 14,200 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $141.86, for a total value of $2,014,412.00. Following the sale, the insider now owns 40,646 shares in the company, valued at $5,766,041.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard Haythornthwaite sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $142.51, for a total transaction of $712,550.00. Following the completion of the sale, the director now owns 45,278 shares in the company, valued at approximately $6,452,567.78. The disclosure for this sale can be found here. In the last quarter, insiders have sold 25,000 shares of company stock worth $3,582,984. 0.30% of the stock is owned by company insiders.
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MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company operates through Payment Solutions segment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.
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