In today’s recent session, 1.17 million shares of the Mastercard Incorporated (NYSE:MA) have been traded, and its beta is 1.07. Most recently the company’s share price was $462.76, and it changed around -$0.06 or -0.01% from the last close, which brings the market valuation of the company to $431.70B. MA at last check was trading at a discount to its 52-week high of $490.00, offering almost -5.89% off that amount. The share price’s 52-week low was $357.85, which indicates that the recent value has risen by an impressive 22.67% since then. We note from Mastercard Incorporated’s average daily trading volume that its 3-month average coming to 2.40 million.
Mastercard Incorporated stock received a consensus recommendation rating of Buy, based on a mean score of 1.40. If we narrow it down even further, the data shows that 1 out of 39 analysts rate the stock as a Sell; another 14 rate it as Overweight. Among the rest, 4 recommended MA as a Hold, whereas 20 deemed it a Buy, and 0 rated it as Underweight. Mastercard Incorporated is expected to report earnings per share of $3.23 for the current quarter.
Mastercard Incorporated (NYSE:MA) trade information
Instantly MA has been showing red trend so far today with a performance of -0.01% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 8.50% year-to-date, but still up 0.57% over the last five days. On the other hand, Mastercard Incorporated (NYSE:MA) is -2.79% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $439.63, which translates to bulls needing to decrease their stock price by -5.26% from its current value. Analyst projections state that MA is forecast to be at a low of $298 and a high of $545.
Mastercard Incorporated (MA) estimates and forecasts
Mastercard Incorporated share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 20.61 percent over the past six months and at a 17.05% annual growth rate that is well above the industry average of 14.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 15.40% in revenue this quarter, and will report an increase of 24.20% in the next quarter. The year-over-year growth rate is expected to be 12.00%, up from the previous year.
Consensus estimates provided by 23 financial analysts predict the company will bring in an average of $6.34 billion in revenue for the current quarter. 23 analysts expect Mastercard Incorporated to make $6.98 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $5.75 billion and $6.27 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 10.30%. Forecasts for the next quarter put sales growth at 11.30%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 16.16%. Mastercard Incorporated earnings are expected to increase by 17.47% in 2024, but the outlook is positive 19.49% per year for the next five years.
MA Dividends
Mastercard Incorporated’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 0.53 percent and its annual dividend per share was 2.46. It is important to note, however, that the 0.53% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
