Favorable Media Coverage Somewhat Unlikely to Impact Mastercard (MA) Stock Price

News headlines about Mastercard (NYSE:MA) have trended positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mastercard earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave news stories about the credit services provider an impact score of 47.034951232973 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

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

Shares of Mastercard (NYSE:MA) traded up $1.47 on Friday, reaching $153.40. 4,881,061 shares of the company were exchanged, compared to its average volume of 3,803,887. Mastercard has a 52-week low of $102.98 and a 52-week high of $154.65. The stock has a market capitalization of $162,398.75, a P/E ratio of 35.59, a PEG ratio of 2.04 and a beta of 1.20. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.66 and a quick ratio of 1.66.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Tuesday, October 31st. The credit services provider reported $1.34 EPS for the quarter, beating the Zacks’ consensus estimate of $1.23 by $0.11. Mastercard had a net margin of 38.70% and a return on equity of 78.38%. The firm had revenue of $3.40 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the firm posted $1.08 earnings per share. The firm’s revenue was up 18.1% on a year-over-year basis. equities analysts predict that Mastercard will post 4.54 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 9th. Investors of record on Tuesday, January 9th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, January 8th. This is an increase from Mastercard’s previous quarterly dividend of $0.22. This represents a $1.00 dividend on an annualized basis and a yield of 0.65%. Mastercard’s payout ratio is presently 20.47%.

Mastercard declared that its Board of Directors has approved a share buyback plan on Monday, December 4th that authorizes the company to buyback $4.00 billion in outstanding shares. This buyback authorization authorizes the credit services provider to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

A number of research firms recently commented on MA. Sanford C. Bernstein reiterated a “buy” rating and issued a $180.00 target price (up from $166.00) on shares of Mastercard in a report on Monday, December 11th. Vetr upgraded shares of Mastercard from a “buy” rating to a “strong-buy” rating and set a $161.72 target price on the stock in a report on Tuesday, December 5th. Zacks Investment Research downgraded shares of Mastercard from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Bank of America boosted their target price on shares of Mastercard from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Monday, November 6th. Finally, J P Morgan Chase & Co boosted their target price on shares of Mastercard from $152.00 to $160.00 and gave the stock an “overweight” rating in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has issued a strong buy rating to the stock. Mastercard presently has a consensus rating of “Buy” and a consensus target price of $159.69.

In related news, Director Richard Haythornthwaite sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $142.51, for a total transaction of $712,550.00. Following the transaction, the director now directly owns 45,278 shares of the company’s stock, valued at $6,452,567.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Fraccaro sold 5,800 shares of the business’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $147.59, for a total transaction of $856,022.00. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock worth $3,582,984 over the last ninety days. 0.30% of the stock is currently owned by insiders.

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About Mastercard

MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company operates through Payment Solutions segment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.

Insider Buying and Selling by Quarter for Mastercard (NYSE:MA)

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