News coverage about Mastercard (NYSE:MA) has been trending somewhat positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mastercard earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the credit services provider an impact score of 46.244372022247 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
MA has been the subject of several research reports. Vetr raised shares of Mastercard from a “sell” rating to a “buy” rating and set a $182.50 price objective for the company in a research report on Thursday. Tigress Financial reissued a “buy” rating on shares of Mastercard in a research report on Thursday, February 8th. Zacks Investment Research raised shares of Mastercard from a “hold” rating to a “buy” rating and set a $191.00 price objective for the company in a research report on Monday, February 5th. BMO Capital Markets boosted their price objective on shares of Mastercard to $206.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Finally, Cantor Fitzgerald boosted their price objective on shares of Mastercard to $198.00 and gave the company an “overweight” rating in a research report on Friday, February 2nd. Two research analysts have rated the stock with a hold rating and thirty-two have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $177.40.
Shares of Mastercard (NYSE MA) traded up $0.96 on Friday, hitting $175.65. 4,210,918 shares of the stock traded hands, compared to its average volume of 4,110,000. Mastercard has a 52-week low of $108.89 and a 52-week high of $177.11. The stock has a market cap of $185,950.00, a PE ratio of 39.30, a PEG ratio of 1.60 and a beta of 1.26. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.57 and a quick ratio of 1.66.
Mastercard (NYSE:MA) last posted its earnings results on Thursday, February 1st. The credit services provider reported $1.14 EPS for the quarter, beating the Zacks’ consensus estimate of $1.12 by $0.02. Mastercard had a net margin of 31.33% and a return on equity of 83.57%. The company had revenue of $3.31 billion during the quarter, compared to analysts’ expectations of $3.25 billion. During the same quarter in the prior year, the company posted $0.86 earnings per share. Mastercard’s revenue for the quarter was up 20.2% compared to the same quarter last year. equities analysts expect that Mastercard will post 5.88 earnings per share for the current fiscal year.
Mastercard announced that its board has approved a share buyback plan on Monday, December 4th that permits the company to buyback $4.00 billion in shares. This buyback authorization permits the credit services provider to reacquire shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 9th. Investors of record on Monday, April 9th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, April 6th. This represents a $1.00 dividend on an annualized basis and a yield of 0.57%. Mastercard’s payout ratio is 22.37%.
In related news, insider Edward Grunde Mclaughlin sold 17,167 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $151.81, for a total transaction of $2,606,122.27. Following the completion of the sale, the insider now owns 47,901 shares of the company’s stock, valued at $7,271,850.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.30% of the company’s stock.
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Mastercard Company Profile
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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