Mastercard (MA) Earning Somewhat Favorable Media Coverage, Analysis Finds

Media coverage about Mastercard (NYSE:MA) has been trending somewhat positive on Tuesday, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 0.22 on Accern’s scale. Accern also gave media headlines about the credit services provider an impact score of 45.7854864512251 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern’s rankings:

Mastercard (MA) opened at $149.69 on Tuesday. Mastercard has a 12-month low of $99.51 and a 12-month high of $152.00. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market cap of $158,312.31, a price-to-earnings ratio of 34.70, a PEG ratio of 1.99 and a beta of 1.21.

Mastercard (NYSE:MA) last posted its earnings results on Tuesday, October 31st. The credit services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.11. Mastercard had a net margin of 38.70% and a return on equity of 78.38%. The business had revenue of $3.40 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the previous year, the company posted $1.08 earnings per share. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. research analysts anticipate that Mastercard will post 4.54 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 9th. Stockholders of record on Friday, October 6th were given a dividend of $0.22 per share. The ex-dividend date was Thursday, October 5th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.59%. Mastercard’s payout ratio is currently 20.47%.

Several research firms have weighed in on MA. Bank of America Corporation raised their target price on shares of Mastercard from $165.00 to $170.00 and gave the company a “buy” rating in a report on Monday, November 6th. Cantor Fitzgerald reiterated a “buy” rating and set a $165.00 price target on shares of Mastercard in a report on Tuesday, October 31st. Zacks Investment Research downgraded shares of Mastercard from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. BMO Capital Markets reiterated an “outperform” rating and set a $174.00 price target (up from $157.00) on shares of Mastercard in a report on Wednesday, November 1st. Finally, J P Morgan Chase & Co lifted their price target on shares of Mastercard from $152.00 to $160.00 and gave the stock an “overweight” rating in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-eight 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 $157.68.

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In related news, Director Richard Haythornthwaite sold 5,000 shares of Mastercard stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $142.51, for a total value of $712,550.00. Following the completion of the sale, the director now owns 45,278 shares in the company, valued at $6,452,567.78. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michael Fraccaro sold 5,800 shares of Mastercard stock in a transaction on Thursday, October 12th. The stock was 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. Over the last three months, insiders have sold 25,000 shares of company stock worth $3,582,984. Corporate insiders own 0.30% of the company’s stock.

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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