Mastercard (MA) Earning Somewhat Positive Media Coverage, Analysis Shows

Media headlines about Mastercard (NYSE:MA) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mastercard earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the credit services provider an impact score of 46.1103207387572 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have effected Accern’s scoring:

Mastercard (NYSE MA) traded down $0.03 during mid-day trading on Thursday, hitting $172.49. The stock had a trading volume of 702,417 shares, compared to its average volume of 3,962,268. The company has a quick ratio of 1.66, a current ratio of 1.57 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $183,320.00, a PE ratio of 38.59, a P/E/G ratio of 1.58 and a beta of 1.26. Mastercard has a 52 week low of $108.89 and a 52 week high of $177.11.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, February 1st. The credit services provider reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.02. Mastercard had a return on equity of 83.57% and a net margin of 31.33%. The company had revenue of $3.31 billion during the quarter, compared to analysts’ expectations of $3.25 billion. During the same period in the prior year, the firm earned $0.86 earnings per share. Mastercard’s revenue for the quarter was up 20.2% compared to the same quarter last year. sell-side analysts anticipate that Mastercard will post 5.88 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 9th. Investors of record on Monday, April 9th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, April 6th. This represents a $1.00 annualized dividend and a yield of 0.58%. Mastercard’s payout ratio is presently 22.37%.

Mastercard announced that its board has initiated a stock repurchase program 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 buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

MA has been the subject of a number of recent research reports. Nomura boosted their target price on Mastercard from $163.00 to $164.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. SunTrust Banks boosted their target price on Mastercard to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Loop Capital boosted their target price on Mastercard to $167.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. They noted that the move was a valuation call. Cantor Fitzgerald restated a “buy” rating and set a $165.00 target price on shares of Mastercard in a research report on Tuesday, October 31st. Finally, Sanford C. Bernstein restated a “buy” rating and set a $166.00 target price (up previously from $145.00) on shares of Mastercard in a research report on Monday, October 30th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, two have issued a hold rating and thirty-one have given a buy rating to the company’s stock. Mastercard presently has an average rating of “Buy” and an average target price of $176.64.

In related news, insider Edward Grunde Mclaughlin sold 17,167 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $151.81, for a total transaction of $2,606,122.27. Following the sale, the insider now owns 47,901 shares in the company, valued at $7,271,850.81. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.30% of the company’s stock.

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Mastercard Company Profile

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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