Mastercard(MA)
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Here's Why MasterCard (MA) Gained But Lagged the Market Today
Zacks Investment Research· 2024-04-26 22:51
MasterCard (MA) closed at $462.42 in the latest trading session, marking a +0.07% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 0.4%, and the technology-dominated Nasdaq saw an increase of 2.03%.The processor of debit and credit card payments's stock has dropped by 4.04% in the past month, exceeding the Business Services sector's loss of 5.04% and lagging the S&P 500's loss of 3.15%.Analysts and investors alike will b ...
How You Should Play Mastercard (MA) Ahead of Q1 Earnings
Zacks Investment Research· 2024-04-26 17:30
Mastercard Incorporated (MA) is set to beat on earnings for the first quarter of 2024, with results slated for release on May 1, before the opening bell. Factors such as robust consumer spending, expanding cross-border transactions, growth in Gross Dollar Volume (GDV) and increased processed transactions are expected to bolster its performance.These factors, along with other favorable conditions, are likely to contribute positively to its price performance, which is already outperforming the competition in ...
Unlocking Q1 Potential of MasterCard (MA): Exploring Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-26 14:21
Wall Street analysts forecast that MasterCard (MA) will report quarterly earnings of $3.22 per share in its upcoming release, pointing to a year-over-year increase of 15%. It is anticipated that revenues will amount to $6.33 billion, exhibiting an increase of 10.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed the ...
MasterCard (MA) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-04-19 22:51
MasterCard (MA) closed at $455.39 in the latest trading session, marking a +0.15% move from the prior day. This change outpaced the S&P 500's 0.88% loss on the day. Elsewhere, the Dow gained 0.56%, while the tech-heavy Nasdaq lost 2.05%.Shares of the processor of debit and credit card payments have depreciated by 6.95% over the course of the past month, underperforming the Business Services sector's loss of 6.12% and the S&P 500's loss of 2.57%.Investors will be eagerly watching for the performance of Maste ...
The Xbox Mastercard, Issued by Barclays, Now Available in the U.S. with More Value
Prnewswire· 2024-04-18 16:00
No annual fee card converges virtual experiences and everyday purchases, allowing cardmembers to earn points on purchases in the Microsoft Store, dining delivery, streaming services, and moreWILMINGTON, Del. and PURCHASE, N.Y. and REDMOND, Wash., April 18, 2024 /PRNewswire/ -- In September 2023, Xbox Insiders received early access to the Xbox Mastercard, Xbox's first-ever co-branded credit card in the United States, issued by Barclays US Consumer Bank. Today, the card is available in all 50 states to qualif ...
Mastercard (MA) Ties Up to Boost Money Transfers for Canadians
Zacks Investment Research· 2024-04-17 19:30
Mastercard Incorporated (MA) recently collaborated with the renowned embedded payments technology provider, VoPay, in a bid to bring hassle-free domestic and international money transfers for Canadian consumers, businesses and government entities. This will be made possible by leveraging Mastercard Move, which is backed with enhanced money movement capabilities and built with the power of Mastercard Send and Mastercard Cross-Border services, by VoPay.The Mastercard Move portfolio is empowered with lucrative ...
MasterCard (MA) Upgraded to Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-04-17 17:01
MasterCard (MA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earning ...
MasterCard (MA) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-04-16 22:56
MasterCard (MA) closed the most recent trading day at $460.94, moving +0.25% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.03%. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw an increase of 0.12%.Coming into today, shares of the processor of debit and credit card payments had lost 3.99% in the past month. In that same time, the Business Services sector lost 4.2%, while the S&P 500 lost 0.9%.The upcoming earnings release of Master ...
3 Blue-Chip Behemoths to Buy as Market Volatility Persists
InvestorPlace· 2024-04-16 21:30
You don’t always have to find small hidden gems to outperform the stock market. Buying shares of reliable corporations can help you outpace the stock market. Blue-chip stocks tend to be more persistent during market volatility and can limit your losses. These same stocks have great potential during bullish economic cycles.Investors should look at a company’s profit margins, financial growth and business opportunities before investing in a stock. Those factors can set some corporations apart and reward long- ...
Mastercard (MA), Equity Bank Partner to Ease Cross-Border Transfers
Zacks Investment Research· 2024-04-12 17:41
Mastercard Incorporated (MA) recently teamed up with Kenya’s Equity Bank in a bid to impart to the bank’s customers the capability of safely sending money to 30 countries. This will be made possible by leveraging the Mastercard Cross-Border Services platform, which comes with exclusive benefits such as accelerated transaction times, improved security measures and competitive pricing.As a result, customers in the extensive market network of Equity Bank need to visit any Equity Branch Location in Kenya from w ...