Analysts Anticipate Mastercard (MA) to Post $1.25 Earnings Per Share

Equities analysts predict that Mastercard (NYSE:MA) will report $1.25 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have issued estimates for Mastercard’s earnings, with the lowest EPS estimate coming in at $1.19 and the highest estimate coming in at $1.34. Mastercard posted earnings of $1.01 per share during the same quarter last year, which suggests a positive year over year growth rate of 23.8%. The firm is scheduled to report its next earnings report before the market opens on Wednesday, May 2nd.

On average, analysts expect that Mastercard will report full year earnings of $5.94 per share for the current financial year, with EPS estimates ranging from $5.43 to $6.19. For the next financial year, analysts forecast that the company will post earnings of $6.96 per share, with EPS estimates ranging from $6.25 to $7.31. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Mastercard.

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Mastercard (NYSE:MA) last announced its earnings results on Thursday, February 1st. The credit services provider reported $1.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.12 by $0.02. Mastercard had a net margin of 31.33% and a return on equity of 83.57%. The business had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $3.25 billion. During the same quarter last year, the firm earned $0.86 earnings per share. The business’s revenue for the quarter was up 20.2% on a year-over-year basis.

MA has been the topic of several analyst reports. Zacks Investment Research cut shares of Mastercard from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. Mizuho upgraded shares of Mastercard from a “neutral” rating to a “buy” rating in a research note on Thursday, January 4th. Royal Bank of Canada cut shares of Mastercard from a “top pick” rating to an “outperform” rating and set a $130.00 price target on the stock. in a research note on Thursday, January 4th. Vetr cut shares of Mastercard from a “buy” rating to a “hold” rating and set a $158.61 price target on the stock. in a research note on Monday, December 18th. Finally, Barclays reiterated a “buy” rating and set a $170.00 price target on shares of Mastercard in a research note on Friday, January 5th. Two equities research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and one has given a strong buy rating to the stock. Mastercard has an average rating of “Buy” and a consensus target price of $179.62.

MA stock traded up $3.99 on Thursday, hitting $177.86. The company had a trading volume of 2,552,611 shares, compared to its average volume of 3,980,225. Mastercard has a 12-month low of $112.10 and a 12-month high of $183.73. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $183,224.70, a P/E ratio of 38.90, a P/E/G ratio of 1.60 and a beta of 1.16.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 9th. Stockholders of record on Monday, April 9th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, April 6th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.56%. Mastercard’s dividend payout ratio (DPR) is presently 21.83%.

In other Mastercard news, insider Michael Fraccaro sold 3,993 shares of the business’s stock in a transaction dated Tuesday, April 10th. The shares were sold at an average price of $173.37, for a total value of $692,266.41. Following the completion of the sale, the insider now directly owns 5,353 shares of the company’s stock, valued at approximately $928,049.61. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Richard Haythornthwaite sold 5,000 shares of the business’s stock in a transaction dated Monday, April 2nd. The shares were sold at an average price of $173.22, for a total transaction of $866,100.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 45,571 shares of company stock valued at $8,174,328. 0.30% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Community Bank N.A. increased its stake in Mastercard by 119.7% during the 4th quarter. Community Bank N.A. now owns 670 shares of the credit services provider’s stock valued at $101,000 after purchasing an additional 365 shares in the last quarter. Massey Quick Simon & CO. LLC purchased a new stake in shares of Mastercard in the 3rd quarter valued at $102,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Mastercard in the 4th quarter valued at $103,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Mastercard in the 3rd quarter valued at $106,000. Finally, Trustcore Financial Services LLC purchased a new stake in shares of Mastercard in the 4th quarter valued at $120,000. Hedge funds and other institutional investors own 76.05% of the company’s stock.

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Mastercard Company Profile

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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Earnings History and Estimates for Mastercard (NYSE:MA)

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