Economy

Mastercard Incorporated (NYSE:MA) Underpriced by 3.9%

A number of other equities research analysts also recently weighed in on the company. October 18 investment analysts at Barclays maintained a stock rating of "Overweight" and raised the price target from $148.00 to $158.00. Barclays PLC lifted their target price on MasterCard from $107.00 to $110.00 and gave the stock an "overweight" rating in a report on Thursday, September 8th. Barclays PLC now has an overweight rating on the stock. Seven equities research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company's stock. The company presently has an average rating of "Buy" and an average target price of $149.98.

Publicly-traded company Mastercard Incorporated (NYSE:MA) had a closing price of $148.95 yesterday.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 20.83%, and has a solid year to date (YTD) performance of 44.26% which means that the stock is constantly adding to its value from the previous fiscal year end price. Mastercard Incorporated has a one year low of $99.51 and a one year high of $151.48. The 50 day moving average was up $5.31 or +3.70% and the 200 day average was up $19.55.

MasterCard (NYSE:MA) last issued its quarterly earnings data on Friday, October 28th. MasterCard had a return on equity of 69.11% and a net margin of 38.11%. The company earned $2.88 billion during the quarter, compared to the consensus estimate of $2.74 billion. In the last earnings report the EPS was $4.03 and is estimated to be $4.44 for the current year with 1,064,897,000 shares now outstanding. This showed a surprise of 5.8% in the last quarter earnings.

For the current quarter, 34 analysts are projecting a mean EPS of $1.23/share. Stockholders of record on Friday, October 6th will be paid a $0.22 dividend. The ex-dividend date will be on Thursday October 5th, 2017. This dividend represents a yield of $0.60. The total value of its holdings increased 16.6%.

The company now has an insider ownership of 10.8 Percent and Institutional ownership of 79.3 Percent. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Martina Hundmejean sold 91,107 shares of the company's stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $147.59, for a total value of $856,022.00. Following the completion of the transaction, the director now owns 16,391 shares in the company, valued at $1,581,239.77. The disclosure for this sale can be found here. During last 3 month period, 0.02% of total institutional ownership has changed in the company shares. The value of the investment in (MA) went from $60,835,000 to $74,365,000 increasing 22.2% quarter to quarter. Concert Wealth Management Inc. lifted its holdings in Mastercard by 0.3% during the 1st quarter. Shares of the company are trading at $148.95 a tad above the 50 day moving average of $143.64 and quite a bit higher than the 200 day moving average of $129.40. Lipe & Dalton purchased a new position in Mastercard in the first quarter valued at approximately $101,000. The value of the investment in Mastercard Incorporated increased from $49,023,000 to $81,264,000 a change of $32,241,000 quarter to quarter. Finally, Norway Savings Bank boosted its stake in Mastercard by 1.1% during the second quarter. Aperio Group, LLC grew its stake by buying 25,758 shares an increase of 5.1% in the quarter.



Like this

Latest


31 October 2017
Earnings Estimates Revision Trends: Coeur Mining, Inc. (CDE)
UBS AG downgraded Coeur Mining from an outperform rating to a market perform rating in a research note on Thursday, September 7th. ValuEngine lowered shares of Coeur Mining from a "hold" rating to a "sell" rating in a research note on Friday, September 1st.

31 October 2017
'The Rock' Praises Mark Dantonio After Ringer Goes Off During Press Conference
While speaking with the media, one of the reporters' phone went off and the ringtone was "You're Welcome" from the movie " Moana ".

31 October 2017
Google Docs error locks out users
Google hasn't said anything about this issue at this point in time so it's unclear what's the reason behind this bug. Numerous users reporting the issue work in media, and the issue occurred for Fortune editors on Tuesday morning.

31 October 2017
Analyst Stock Ratings: Callon Petroleum Company (CPE), Lancaster Colony Corporation (LANC)
The Company is involved in the exploration, development, acquisition and production of oil and natural gas properties. The current ratio looks at all the liquid and non-liquid assets compared to the company's total current liabilities.

31 October 2017
India's Fiscal Deficit Reaches 91.3% Of Full-year Target In September
The revenue expenditure, including interest payment, was 54.6% of the BE during April-Septemer 2017-18. For 2017-18, the government aims to bring down the fiscal deficit to 3.2 per cent of the GDP.

31 October 2017
Bharti Airtel says Sept-qtr India ARPU declines 23%
Bharti reported average revenue per user in Indian mobile business at 145 rupees in July-September, a 23% decline from a year ago. Enhanced offers led to a 40 percent annual increase in voice traffic, and data traffic was up 340 percent.

31 October 2017
$0.22 EPS Expected for Banco Bradesco SA (ADR) (BBD)
Exane Derivatives bought a new position in shares of Banco Bradesco SA during the second quarter valued at approximately $147,000. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover TDOC having a buy-equivalent rating.

31 October 2017
Dartmouth College professors face criminal investigation for alleged 'sexual misconduct'
The statement went on to provide details on how to contact investigators, but not much else about the case. Emails to the three professors were not immediately answered Tuesday morning.

31 October 2017
Recent Price Moves Of Shares: Abbott Laboratories (ABT), Union Pacific Corporation (UNP)
The stock is now moving below its 20-Day Simple Moving Average of -1.39% with a 50-Day Simple Moving Average of 2.85 percent. The collective rating of 2 for Abbott Laboratories (NYSE: ABT ) also leans strongly towards the neutral end of the spectrum.

31 October 2017
BlackRock Municipal Income Trus (NYSE:BFK) Experiences Light Trading Volume
Janney Montgomery Scott LLC bought a new stake in Blackrock Taxable Municipal Bond Trust in the second quarter worth $204,000. Stifel Financial Corp lifted its position in shares of Blackrock Municipal Income Trust by 1.0% in the 2nd quarter.



Recommended