Somewhat Positive Press Coverage Somewhat Unlikely to Affect Mastercard (MA) Share Price
News coverage about Mastercard (NYSE:MA) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mastercard earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the credit services provider an impact score of 47.7707481009609 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Mastercard Inc (MA) Stock Jumps Then Falls After Beating Street (investorplace.com)
- Mastercard Incorporated (MA) Announces Earnings Results, Beats Estimates By $0.11 EPS (americanbankingnews.com)
- Mastercard Incorporated (MA) Given “Buy” Rating at Cantor Fitzgerald (americanbankingnews.com)
- Will High Business Volume Aid Mastercard’s (MA) Q3 Earnings? (finance.yahoo.com)
- Will High Business Volume Aid Mastercard's (MA) Q3 Earnings? (finance.yahoo.com)
MA has been the subject of several research reports. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $145.00 price objective on shares of Mastercard in a research note on Friday, September 8th. Deutsche Bank AG reissued a “buy” rating and set a $150.00 price objective (up from $124.00) on shares of Mastercard in a research note on Monday, July 10th. Nomura raised their price objective on Mastercard from $153.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, September 8th. Susquehanna Bancshares Inc reissued a “positive” rating and set a $158.00 price objective (up from $149.00) on shares of Mastercard in a research note on Friday, September 8th. Finally, Guggenheim raised Mastercard from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $135.00 to $153.00 in a research note on Monday, September 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and twenty-six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $153.01.
Shares of Mastercard (NYSE MA) opened at 148.77 on Wednesday. Mastercard has a one year low of $99.51 and a one year high of $152.00. The company’s 50 day moving average price is $143.83 and its 200 day moving average price is $129.54. The stock has a market capitalization of $158.42 billion, a price-to-earnings ratio of 36.92 and a beta of 1.18.
Mastercard (NYSE:MA) last announced its earnings results on Tuesday, October 31st. The credit services provider reported $1.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.11. The firm had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.28 billion. Mastercard had a net margin of 38.30% and a return on equity of 74.92%. The company’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.08 EPS. On average, analysts expect that Mastercard will post $4.44 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, November 9th. Investors of record on Friday, October 6th will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Thursday, October 5th. Mastercard’s payout ratio is presently 21.78%.
In related news, major shareholder Foundation Mastercard sold 87,623 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $129.34, for a total value of $11,333,158.82. Following the completion of the transaction, the insider now directly owns 112,240,179 shares of the company’s stock, valued at approximately $14,517,144,751.86. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Craig Vosburg sold 14,200 shares of the company’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $141.86, for a total transaction of $2,014,412.00. Following the completion of the transaction, the insider now directly owns 40,646 shares of the company’s stock, valued at $5,766,041.56. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 171,035 shares of company stock valued at $22,502,109. Company insiders own 0.30% of the company’s stock.
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.
Receive News & Ratings for Mastercard Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard Incorporated and related companies with Analyst Ratings Network's FREE daily email newsletter.