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3 Things You Need to Know if You Buy Mastercard Stock Today
The Motley Fool· 2024-11-17 11:25
Since its initial public offering (IPO) in 2006, Mastercard (MA 0.29%) has generated a total return of 12,480%. This means that a $10,000 capital outlay back then would be worth a breathtaking $1.3 million today. This gain is hard to beat. Shares currently trade close to their all-time high as this business continues humming along. Before you buy this financial stock, though, here are three things that investors should know about Mastercard.Business modelBecause investors associate Mastercard with credit ca ...
Mastercard's Path To Mid-Teens Growth: Analysts Weigh In After Investor Day
Benzinga· 2024-11-14 18:32
Analysts expressed views on Mastercard Incorporated MA following its investor day event this week.The company anticipates a compound annual growth rate (CAGR) in the mid-teens for EPS over the next three years, down from its prior expectation of low-20s growth for 2022-2024.BMO Capital Markets analyst Rufus Hone raised the price target to $565 from $550 and reaffirmed the Outperform rating.The analyst writes that Mastercard outlined its 2025-2027E financial targets, addressing concerns about consumer paymen ...
Mastercard Offers New Guidance: Is its Growth Momentum Losing Steam?
ZACKS· 2024-11-14 13:55
Mastercard Incorporated (MA) recently announced guidance for the 2025-2027 timeframe. For this period, it expects a compound annual growth rate (CAGR) in net revenues at the high end of low-double-digits percentage growth. This indicates a decline from 2022-2024 period’s estimated CAGR of high-teens percentage rate.Moreover, it expects a CAGR in earnings per share (EPS) in the mid-teens for the 2025-2027 period, compared with the low 20s of the 2022-2024 timeframe. However, it estimates the annual operating ...
Mastercard Lowers Financial Forecast, Signals Slower EPS, Revenue Growth Ahead
Benzinga· 2024-11-13 17:26
Mastercard Inc MA adjusted its financial outlook for 2025-2027, projecting slower net revenue growth than anticipated.The new forecast estimates annual net revenue will grow in the “high-end of low-double-digits,” a noticeable deceleration compared to the high-teens growth expected for 2022-2024, Bloomberg reports.The company anticipates a compound annual growth rate (CAGR) in the mid-teens for EPS over the next three years, down from its prior expectation of low-20s growth for 2022-2024.Also Read: Why Is S ...
Analyzing Mastercard's Q3 Earnings: To Buy or Keep Your Cool?
ZACKS· 2024-11-11 18:46
Mastercard Incorporated (MA) recently reported strong third-quarter 2024 earnings, driven by improved transaction volumes and resilient consumer spending. Improving cross-border volumes coupled with strong demand for value-added services favored the results.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The stock is just 0.8% below its 52-week high of $528.84. MA gained 14.6% in the past six months compared with the industry’s 14.4% rise and the S&P 500 Index’s rally of 14.8%. MA i ...
2 Monster Warren Buffett Stocks to Hold for the Next 100 Years
The Motley Fool· 2024-11-08 11:30
You can buy and hold these two Buffett stocks for a lifetime.Warren Buffett isn't necessarily known for his growth investing. But he has identified several stocks that, for decades at a time, turned out to be growth machines. There are two stocks in Berkshire Hathaway's portfolio right now that every investor should consider. They've been monster growth stocks in the past. And if you use the correct investment strategy, they can still produce immense long-term gains for your portfolio.These two stocks have ...
Here's what helped Mastercard beat profit estimates
Finbold· 2024-11-01 13:21
Mastercard Incorporated (NYSE: MA) surpassed Wall Street’s expectations for the third quarter, driven by robust consumer spending and strategic growth in value-added services.Despite ongoing economic uncertainties, Mastercard displayed strong performance, reporting an adjusted earnings per share (EPS) of $3.89, exceeding the consensus estimate of $3.74. This performance led to an initial 3% increase in Mastercard’s stock price, reaching an all-time high before retreating slightly amid regulatory scrutiny ov ...
Mastercard Q3 Earnings Beat Estimates on Gross Dollar Volume Growth
ZACKS· 2024-10-31 18:41
Mastercard Incorporated (MA) reported third-quarter 2024 adjusted earnings of $3.89 per share, which surpassed the Zacks Consensus Estimate by 4.3%. The bottom line improved 15% year over year. Its shares gained 1.7% in the pre-trading session. Net revenues of the leading technology company in the global payments industry advanced 13% year over year to $7.4 billion. The top line beat the consensus mark by 1.6%.The quarterly results reflect benefits from increased gross dollar volume, cross-border volumes, s ...
Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
PYMNTS.com· 2024-10-31 17:23
Mastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve’s September cuts to interest rates.CEO Michael Miebach said on a conference call with analysts: “On Halloween, well, there’s nothing spooky here.”Revenue growth of 14%, to $7.4 billion, was boosted by healthy consumer spending, which also spurred cross-border volume growth of 17% year over year, he said.“The macroeconomic environment remai ...
Mastercard(MA) - 2024 Q3 - Earnings Call Transcript
2024-10-31 16:14
Mastercard Incorporated (NYSE:MA) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Devin Corr - Head of Investor Relations Michael Miebach - Chief Executive Officer Sachin Mehra - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Tien-tsin Huang - J.P. Morgan Harshita Rawat - Bernstein Rayna Kumar - Oppenheimer Bryan Keane - Deutsche Bank Tim Chiodo - UBS Darrin Peller - Wolfe Research James Faucette - Morgan Stanley Craig Maurer - FT Partners Trevor ...