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Mastercard Incorporated (MA)

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514.07 +6.84 (+1.35%)
At close: October 16 at 4:00 PM EDT
514.77 +0.70 (+0.14%)
After hours: October 16 at 7:58 PM EDT
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DELL
  • Previous Close 507.23
  • Open 506.35
  • Bid 513.00 x 1000
  • Ask 519.59 x 1000
  • Day's Range 506.08 - 515.40
  • 52 Week Range 359.77 - 515.40
  • Volume 2,142,157
  • Avg. Volume 2,351,400
  • Market Cap (intraday) 474.916B
  • Beta (5Y Monthly) 1.10
  • PE Ratio (TTM) 39.27
  • EPS (TTM) 13.09
  • Earnings Date Oct 31, 2024
  • Forward Dividend & Yield 2.64 (0.52%)
  • Ex-Dividend Date Oct 9, 2024
  • 1y Target Est 526.13

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions. It also provides solutions that enable businesses or governments to make payments to businesses, including Virtual Card Number, which is generated dynamically from a physical card and leverages the credit limit of the funding account; a platform to optimize supplier payment enablement campaigns for financial institutions; and treasury intelligence platform that offers corporations with recommendations to enhance working capital performance and accelerate spend on cards. In addition, the company offers Mastercard Send, which partners with digital messaging and payment platforms to enable consumers to send money directly within applications to other consumers; and Mastercard Cross-Border Services enables a range of payment flows through a distribution network with a single point of access to send and receive money globally through various channels, including bank accounts, mobile wallets, cards, and cash payouts. Further, it provides cyber and intelligence solutions; insights and analytics, consulting, marketing, loyalty, processing, and payment gateway solutions for e-commerce merchants; and open banking and digital identity services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus name. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

www.mastercard.com

33,400

Full Time Employees

December 31

Fiscal Year Ends

Recent News: MA

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Related Videos: MA

What is post-earnings announcement drift and why it matters

With the third quarter earnings season underway, Catalyst Funds senior portfolio manager David Miller sits down with Brad Smith on Wealth! to talk about why post-earnings announcement drift is so important to his earnings season strategy. Miller says he looks “for companies where they've demonstrated clear post-earnings announcement drift.” Post-earnings announcement drift, or PEAD, is the tendency of a stock to drift in the direction of earnings for a period after the results are announced. PEAD is “one of the most powerful anomalies in finance, and basically what it says is that companies that have historically beat earnings in a significant way consistently tend to continue to beat earnings, and their stocks continue to do well. [The] same goes for those that have missed earnings consistently. They continue to do poorly. So [it's] not a surprising concept that winners tend to continue winning and the losers tend to continue losing.” The portfolio manager says there are a few standout companies and industries where a PEAD has consistently occurred in recent quarters. He names the healthcare sector with companies like Novo Nordisk (NVO) climbing on weight loss drug popularity. Miller also highlights the networking space, including Arista Networks (ANET), as well as fintech companies like Visa (V) and Mastercard (MA). To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.

Performance Overview: MA

Trailing total returns as of 10/16/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MA
21.23%
S&P 500
22.49%

1-Year Return

MA
29.90%
S&P 500
35.00%

3-Year Return

MA
46.98%
S&P 500
30.66%

5-Year Return

MA
89.78%
S&P 500
95.03%

Compare To: MA

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: MA

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Valuation Measures

Annual
As of 10/15/2024
  • Market Cap

    468.60B

  • Enterprise Value

    476.84B

  • Trailing P/E

    38.78

  • Forward P/E

    30.49

  • PEG Ratio (5yr expected)

    1.84

  • Price/Sales (ttm)

    18.00

  • Price/Book (mrq)

    63.14

  • Enterprise Value/Revenue

    18.07

  • Enterprise Value/EBITDA

    29.73

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    46.45%

  • Return on Assets (ttm)

    23.65%

  • Return on Equity (ttm)

    187.70%

  • Revenue (ttm)

    26.39B

  • Net Income Avi to Common (ttm)

    12.26B

  • Diluted EPS (ttm)

    13.09

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    7.36B

  • Total Debt/Equity (mrq)

    208.57%

  • Levered Free Cash Flow (ttm)

    12.01B

Research Analysis: MA

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 6.96B
Earnings 3.26B
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

453.34 Low
526.13 Average
514.07 Current
591.00 High
 

Company Insights: MA

Research Reports: MA

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  • Fed's First Cut is 50 Basis Points

    The Federal Reserve wrapped up its latest Open Market Committee meeting yesterday and, as expected, lowered the current federal funds rate for the first time since 2020. But the central bank surprised some by taking the rather extraordinary step of reducing the rate by 50 basis points (bps), as opposed to the normal 25-basis-point move. Why the big cut? In our opinion, the Federal Reserve is clearly shifting its focus from fighting inflation to protecting the employment environment. Since the Fed started raising rates in 2021, CPI inflation has fallen from readings above 9.0% to readings below 3.0% -- and continues to edge toward the central bank's goal of 2.0%. Meanwhile, the unemployment rate has increased from 3.4% to 4.1% and monthly payrolls gains have slowed from 300k to 100k. Indeed, the Fed has lifted its year-end target for the unemployment rate to 4.4% from 4.0% last June. Based on the Fed's decision, its commentary, and the forecasts of its governors, we are making adjustments to our interest-rate outlook. We are maintaining our forecast for two more rate cuts in 2024 -- both of which we think will be 25 basis points. We are adding a forecast for an additional rate cut in 2025, bringing our estimate to three cuts for the year. Those cuts will bring the fed funds rate down toward 3.5%, which, assuming inflation continues to drop toward 2.0%, will return real, inflation-adjusted rates back toward historical averages.

     
  • Mastercard: Buying Recorded Future for $2.65 Billion

    Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

    Rating
    Price Target
     
  • Mastercard Is Back to Normal

    Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

    Rating
    Price Target
     
  • Stocks could be in another holding period after eight straight days of gains for the major indices.

    Stocks could be in another holding period after eight straight days of gains for the major indices. In addition, the FOMC minutes from the July 30/31 meeting drop today at 2:00 pm, Jackson Hole and Chairman Powell take center stage on Friday, and a critical EPS report from NVDA comes next Wednesday. The major indices saw modest losses on Tuesday (between 0.2% and 0.3%). Once again, the small-caps took the brunt of the selling, with the Russell 2000 and S&P 600 both falling slightly more than 1%, and the S&P MidCap 400 dropping 0.9%. It was the weakest NYSE breadth day since the panic on August 5. Sector leadership (if you can call it that) was provided by defensive Staples (+0.5%) and Healthcare (+0.4%). Seven sectors saw losses of less than 0.4%. Energy was the big loser, giving up 2.6% as WTI fell back to the $73 region and close to the lows seen in early August. The Nasdaq 100 (QQQ) McClellan Oscillator (market breadth indicator) has traced out a breadth thrust as the oscillator jumped to +90 from -76 in 10 trading days. The indicator also went from below its lower Bollinger Band to above its upper band. We saw a similar combination of moves back in October/November 2023, just when the QQQ started a big move higher. We also have seen similar moves by the oscillator for the S&P 500, with a nice rebound from the S&P 100 as the oscillator rose to +86 from -69. Seasonality is tricky this time of year due to low liquidity. However, there is a weak period just ahead, namely the second half of September. And that is true whether we look at the past 30 years or the past 50 years. (Mark Arbeter, CMT)

     

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