Mastercard Incorporated (NYSE:MA – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirty-four brokerages that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, thirty have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $680.00.
A number of equities analysts have commented on MA shares. UBS Group upped their price objective on shares of Mastercard from $640.00 to $670.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. President Capital lifted their target price on shares of Mastercard from $693.00 to $729.00 and gave the company a “buy” rating in a report on Monday, August 17th. KeyCorp increased their price target on shares of Mastercard from $670.00 to $680.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Evercore raised their price objective on shares of Mastercard from $550.00 to $620.00 in a research report on Friday, July 31st. Finally, TD Cowen lifted their price objective on Mastercard from $664.00 to $667.00 and gave the company a “buy” rating in a report on Friday, July 31st.
Check Out Our Latest Report on Mastercard
More Mastercard News
- Positive Sentiment: Mastercard is targeting the approximately $80 trillion commercial-payments market, making business-to-business transactions a significant potential growth avenue as the company broadens beyond traditional card payments. Mastercard Makes Major Push Into $80 Trillion Market
- Positive Sentiment: Mastercard is expanding its small- and medium-sized business strategy in India, where rising digital-payment adoption and the One Credential product could simplify payments and deepen customer relationships. Mastercard’s SME Focus in India
- Positive Sentiment: Management says Mastercard is positioned to process nearly all UAE debit payments despite the growth of domestic payment systems, easing concerns that national payment networks could displace its business. Mastercard’s UAE Debit Payments Outlook
- Positive Sentiment: Research indicates UAE small businesses are among global leaders in stablecoin and digital-asset payments, supporting Mastercard’s efforts to participate in emerging payment rails. Mastercard Research on UAE SMEs
- Positive Sentiment: Analysts remain constructive on Mastercard’s long-term outlook, citing growth in value-added services, AI, digital wallets and stablecoin settlement. Mastercard: Building the Future of Payments
- Neutral Sentiment: Mastercard’s Agent Pay completed Denmark’s first AI-agent purchase with user consent, but undisclosed transaction economics leave questions about the eventual revenue and margin opportunity. Mastercard and Denmark’s First AI Payment
- Neutral Sentiment: New research coverage highlights Mastercard’s position in payments, although the report provides limited new company-specific information. Top Research Reports for Mastercard
- Negative Sentiment: A $168 million Visa and Mastercard ATM-fee settlement could create a limited financial and reputational overhang, though the direct effect on Mastercard’s earnings is unclear. Visa and Mastercard ATM Settlement
Insiders Place Their Bets
In other news, CEO Michael Miebach sold 15,372 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the sale, the chief executive officer directly owned 93,693 shares of the company’s stock, valued at $53,873,475. This trade represents a 14.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 1,977 shares of Mastercard stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $529.73, for a total value of $1,047,276.21. Following the completion of the sale, the insider owned 16,429 shares in the company, valued at approximately $8,702,934.17. This trade represents a 10.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 74,623 shares of company stock worth $42,544,606. Corporate insiders own 0.09% of the company’s stock.
Institutional Investors Weigh In On Mastercard
Several institutional investors have recently made changes to their positions in the stock. Border to Coast Pensions Partnership Ltd boosted its holdings in shares of Mastercard by 7.3% during the first quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider’s stock worth $70,089,000 after purchasing an additional 9,504 shares during the period. Marble Wealth LLC acquired a new position in Mastercard in the 4th quarter valued at approximately $1,328,000. Charles Lim Capital Ltd purchased a new stake in Mastercard in the 4th quarter worth approximately $15,699,000. Gamco Investors INC. ET AL lifted its position in Mastercard by 5.4% in the 1st quarter. Gamco Investors INC. ET AL now owns 28,205 shares of the credit services provider’s stock worth $14,093,000 after buying an additional 1,434 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of Mastercard by 105.1% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 12,834 shares of the credit services provider’s stock valued at $6,412,000 after buying an additional 6,576 shares during the period. 97.28% of the stock is currently owned by hedge funds and other institutional investors.
Mastercard Trading Up 0.2%
NYSE:MA opened at $569.02 on Tuesday. Mastercard has a 12-month low of $464.52 and a 12-month high of $601.23. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. The stock’s 50 day simple moving average is $569.96 and its 200-day simple moving average is $527.18. The firm has a market cap of $498.46 billion, a P/E ratio of 31.30, a PEG ratio of 1.62 and a beta of 0.74.
Mastercard (NYSE:MA – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping the consensus estimate of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The firm had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. During the same period last year, the company earned $4.15 earnings per share. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. Equities analysts anticipate that Mastercard will post 19.9 EPS for the current year.
About Mastercard
Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates the authorization, clearing and settlement of electronic payment transactions, while generally not issuing cards or extending credit itself. Its network supports payments made in stores, online and through mobile devices.
Mastercard’s products and services include consumer and commercial payment cards, digital payment solutions, payment processing, fraud prevention, cybersecurity, identity verification, data and analytics, and open banking tools.
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