Marqeta Inc (MQ) Stock: A Look at the Analyst Recommendations

MQ has 36-month beta value of 1.84. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for MQ is 386.77M, and currently, short sellers hold a 4.00% ratio of that float. The average trading volume of MQ on April 02, 2024 was 5.30M shares.

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MQ) stock’s latest price update

Marqeta Inc (NASDAQ: MQ)’s stock price has plunge by 2.98relation to previous closing price of 5.71. Nevertheless, the company has seen a -0.34% plunge in its stock price over the last five trading sessions. Business Wire reported 2024-04-02 that OAKLAND, Calif.–(BUSINESS WIRE)—- $MQ #embeddedfinance–Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today announced that it will host a conference call and webcast to discuss first quarter 2024 financial results on Tuesday, May 7, 2024 at 4:30 pm ET. Hosting the call will be Simon Khalaf, Chief Executive Officer, and Mike Milotich, Chief Financial Officer. A press release with the first quarter 2024 financial results will be issued after the market closes that same day. The conference call w.

MQ’s Market Performance

Marqeta Inc (MQ) has experienced a -0.34% fall in stock performance for the past week, with a -8.13% drop in the past month, and a -15.76% drop in the past quarter. The volatility ratio for the week is 3.97%, and the volatility levels for the past 30 days are at 4.24% for MQ. The simple moving average for the last 20 days is -1.55% for MQ stock, with a simple moving average of -0.03% for the last 200 days.

Analysts’ Opinion of MQ

BofA Securities, on the other hand, stated in their research note that they expect to see MQ reach a price target of $7. The rating they have provided for MQ stocks is “Buy” according to the report published on February 12th, 2024.

Susquehanna gave a rating of “Positive” to MQ, setting the target price at $9 in the report published on November 08th of the previous year.

MQ Trading at -4.34% from the 50-Day Moving Average

After a stumble in the market that brought MQ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.11% of loss for the given period.

Volatility was left at 4.24%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares sank -6.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.08% lower at present.

During the last 5 trading sessions, MQ fell by -2.46%, which changed the moving average for the period of 200-days by +18.17% in comparison to the 20-day moving average, which settled at $5.95. In addition, Marqeta Inc saw -15.76% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at MQ starting from Kern Randall F., who sale 53,367 shares at the price of $6.23 back on Dec 04 ’23. After this action, Kern Randall F. now owns 0 shares of Marqeta Inc, valued at $332,671 using the latest closing price.

SULLIVAN GODFREY, the Director of Marqeta Inc, purchase 200,000 shares at $5.88 during a trade that took place back on Aug 15 ’23, which means that SULLIVAN GODFREY is holding 200,000 shares at $1,176,000 based on the most recent closing price.

Stock Fundamentals for MQ

Current profitability levels for the company are sitting at:

  • -0.4 for the present operating margin
  • 0.32 for the gross margin

The net margin for Marqeta Inc stands at -0.33. The total capital return value is set at -0.22. Equity return is now at value -16.42, with -13.27 for asset returns.

Based on Marqeta Inc (MQ), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 1.25. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 23.3.

Currently, EBITDA for the company is -185.6 million with net debt to EBITDA at 3.73. When we switch over and look at the enterprise to sales, we see a ratio of 3.03. The receivables turnover for the company is 6.19for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.13.

Conclusion

To put it simply, Marqeta Inc (MQ) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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