Somewhat Positive Press Coverage Extremely Unlikely to Affect Mastercard (NYSE:MA) Stock Price

Headlines about Mastercard (NYSE:MA) have been trending somewhat positive recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mastercard earned a media sentiment score of 1.50 on their scale. InfoTrie also gave news headlines about the credit services provider an news buzz score of 1 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Mastercard’s analysis:

MA traded up $0.65 on Friday, reaching $294.91. The stock had a trading volume of 2,895,923 shares, compared to its average volume of 4,652,697. Mastercard has a 12-month low of $199.99 and a 12-month high of $347.25. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 2.30. The business’s 50-day moving average price is $266.57 and its two-hundred day moving average price is $287.65. The company has a market cap of $295.36 billion, a P/E ratio of 37.71, a price-to-earnings-growth ratio of 3.34 and a beta of 1.06.

Mastercard (NYSE:MA) last released its earnings results on Wednesday, April 29th. The credit services provider reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.10. The business had revenue of $4.01 billion during the quarter, compared to analysts’ expectations of $3.98 billion. Mastercard had a net margin of 46.75% and a return on equity of 149.02%. The company’s quarterly revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.78 earnings per share. As a group, analysts predict that Mastercard will post 6.4 earnings per share for the current year.

Several brokerages have weighed in on MA. Nomura Securities lowered their target price on shares of Mastercard from $368.00 to $334.00 and set a “buy” rating for the company in a research note on Thursday, April 9th. Nomura restated a “buy” rating and issued a $334.00 target price on shares of Mastercard in a research note on Thursday, April 30th. Stephens raised their target price on shares of Mastercard from $286.00 to $304.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Wedbush raised their target price on shares of Mastercard from $250.00 to $300.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. Finally, Guggenheim downgraded shares of Mastercard from a “buy” rating to a “neutral” rating in a research note on Thursday, April 16th. Five research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $320.46.

In other news, Director Julius Genachowski sold 2,009 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $281.79, for a total transaction of $566,116.11. Following the completion of the sale, the director now owns 7,346 shares of the company’s stock, valued at $2,070,029.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lance Darrell Gordon Uggla bought 1,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were bought at an average cost of $265.00 per share, with a total value of $265,000.00. Following the purchase, the director now directly owns 5,691 shares of the company’s stock, valued at $1,508,115. The disclosure for this purchase can be found here. 3.70% of the stock is owned by insiders.

About Mastercard

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services.

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