The stock price of Mastercard Incorporated (NYSE: MA) has jumped by 0.01 compared to previous close of 459.79. Despite this, the company has seen a fall of -2.61% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-16 that MasterCard (MA) concluded the recent trading session at $460.94, signifying a +0.25% move from its prior day’s close.
Is It Worth Investing in Mastercard Incorporated (NYSE: MA) Right Now?
The price-to-earnings ratio for Mastercard Incorporated (NYSE: MA) is above average at 38.87x. The 36-month beta value for MA is also noteworthy at 1.07. There are mixed opinions on the stock, with 20 analysts rating it as a “buy,” 14 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it as “sell.”
The public float for MA is 826.61M, and at present, short sellers hold a 0.54% of that float. The average trading volume of MA on April 17, 2024 was 2.44M shares.
MA’s Market Performance
The stock of Mastercard Incorporated (MA) has seen a -2.61% decrease in the past week, with a -3.36% drop in the past month, and a 7.35% gain in the past quarter. The volatility ratio for the week is 1.56%, and the volatility levels for the past 30 days are at 1.46% for MA.. The simple moving average for the past 20 days is -3.49% for MA’s stock, with a 8.88% simple moving average for the past 200 days.
Analysts’ Opinion of MA
Many brokerage firms have already submitted their reports for MA stocks, with TD Cowen repeating the rating for MA by listing it as a “Buy.” The predicted price for MA in the upcoming period, according to TD Cowen is $545 based on the research report published on April 11, 2024 of the current year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see MA reach a price target of $510. The rating they have provided for MA stocks is “Outperform” according to the report published on January 11th, 2024.
MA Trading at -2.42% from the 50-Day Moving Average
After a stumble in the market that brought MA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.16% of loss for the given period.
Volatility was left at 1.46%, however, over the last 30 days, the volatility rate increased by 1.56%, as shares sank -3.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.17% lower at present.
During the last 5 trading sessions, MA fell by -2.61%, which changed the moving average for the period of 200-days by +18.61% in comparison to the 20-day moving average, which settled at $475.52. In addition, Mastercard Incorporated saw 7.81% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MA starting from Mastercard Foundation, who sale 200 shares at the price of $487.25 back on Mar 21 ’24. After this action, Mastercard Foundation now owns 97,543,308 shares of Mastercard Incorporated, valued at $97,450 using the latest closing price.
Madabhushi Venkata R, the Chief Marketing Officer of Mastercard Incorporated, sale 16,038 shares at $475.45 during a trade that took place back on Mar 15 ’24, which means that Madabhushi Venkata R is holding 19,205 shares at $7,625,295 based on the most recent closing price.
Stock Fundamentals for MA
Current profitability levels for the company are sitting at:
- 0.58 for the present operating margin
- 0.76 for the gross margin
The net margin for Mastercard Incorporated stands at 0.45. The total capital return value is set at 0.56. Equity return is now at value 169.27, with 27.58 for asset returns.
Based on Mastercard Incorporated (MA), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.76. The debt to equity ratio resting at 2.26. The interest coverage ratio of the stock is 25.52.
Currently, EBITDA for the company is 15.35 billion with net debt to EBITDA at 0.46. When we switch over and look at the enterprise to sales, we see a ratio of 17.24. The receivables turnover for the company is 6.18for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.
Conclusion
In summary, Mastercard Incorporated (MA) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
