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Is Mastercard Stock a Buy, Sell or Hold at a 30.9X P/E Multiple?
ZACKS· 2024-10-09 17:40
Mastercard Incorporated (MA) stock is trading at a premium compared with its Financial Transaction Services industry. With a forward 12-month Price/Earnings (P/E) ratio of 30.94X, it is above the industry’s average of 22.58X. In comparison, its peers, American Express Company (AXP) and Visa Inc. (V) , are trading cheaper at 18.54X and 24.72X, respectively.Image Source: Zacks Investment ResearchMA gained 14.5% in the past three months compared with the industry’s 8.4% rise and the broader sector’s rally of 5 ...
Reminder - Mastercard Goes Ex-Dividend Soon
Forbes· 2024-10-07 14:23
On 10/9/24, Mastercard will trade ex-dividend, for its quarterly dividend of $0.66, payable on 11/8/24. As a percentage of MA's recent stock price of $497.70, this dividend works out to approximately 0.13%.Start slideshow: 10 Stocks Going Ex-Dividend »Below is a dividend history chart for MA, showing historical dividends prior to the most recent $0.66 declared by Mastercard:MAtickertechIn general, dividends are not always predictable; but looking at the history above can help in judging whether the most rec ...
Is Mastercard & Amazon's Alliance a Game Changer for the MEA Market?
ZACKS· 2024-10-01 16:30
Mastercard Incorporated (MA) recently entered into a multi-year commercial partnership with Amazon Payment Services to enhance digital payment acceptance across the Middle East and Africa (MEA). Per the deal, MA will provide its Mastercard Gateway solution, a single touchpoint for payment processing. It is available in 40 markets across the region. It will enable fast, seamless and secure transactions in the said markets. The partnership aims to benefit Amazon Payment Services' merchants and expand their re ...
Mastercard to buy Swedish startup that makes it easier to manage and cancel subscription plans
CNBC· 2024-10-01 13:00
BARCELONA, SPAIN - MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan Cros Garcia/Corbis via Getty Images) Mastercard said Tuesday that it's agreed to acquire Minna Technologies, a software firm that makes it easier for consumers to manage their subscriptions. The move comes as Mastercard and its primary payment network rival Visa are rapidly attempting to expand beyond their core credit and debit card business ...
Mastercard, Amazon Team to Digitize Payment Acceptance in Middle East, Africa
PYMNTS.com· 2024-09-30 19:35
Mastercard and Amazon have teamed to digitize payment acceptance in Africa and the Middle East. The partnership between Mastercard and Amazon Payment Services, announced Monday (Sept. 30), covers countries that include Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and the United Arab Emirates.The collaboration will see Amazon Payment Services adopt Mastercard Gateway — a single touchpoint for payment processing — as a payment solution in 40 markets in the region, to allow merchants to m ...
MasterCard (MA) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-09-26 22:56
Company Performance - MasterCard's stock closed at $491.27, reflecting a +0.37% change from the previous trading day's closing, which is less than the S&P 500's daily gain of 0.4% [1] - Over the past month, MasterCard shares gained 3.74%, lagging behind the Business Services sector's gain of 4.05% but outpacing the S&P 500's gain of 1.71% [1] - The upcoming earnings disclosure is anticipated to show an EPS of $3.72, indicating a 9.73% growth compared to the same quarter last year, with a revenue forecast of $7.24 billion, reflecting a 10.8% growth year-over-year [1] Full Year Estimates - For the full year, analysts expect earnings of $14.29 per share and revenue of $27.92 billion, marking changes of +16.56% and +11.23% respectively from the previous year [2] - Recent changes to analyst estimates are crucial as they reflect shifting business dynamics, with positive revisions indicating confidence in MasterCard's performance [2] Valuation Metrics - MasterCard has a Forward P/E ratio of 34.24, which is a premium compared to the industry's average Forward P/E of 16.39 [3] - The company has a PEG ratio of 1.93, higher than the average PEG ratio of 1.25 for the Financial Transaction Services industry [3] Industry Context - The Financial Transaction Services industry is part of the Business Services sector and currently holds a Zacks Industry Rank of 56, placing it in the top 23% of all industries [4] - The Zacks Industry Rank measures the strength of industry groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]
Mastercard Enhances Consumer Fraud Risk Solution With AI
ZACKS· 2024-09-24 19:00
Mastercard Incorporated (MA) recently announced the updation of its AI-powered Consumer Fraud Risk solution, designed to help banks prevent consumers from real-time payment scams. This move solidifies the company's position as a leader in payment security by offering UK banks enhanced visibility into potentially fraudulent transactions, particularly those linked to Authorised Push Payment (APP) fraud.This move bodes well for Mastercard as demand for fraud and security solutions has been rising rapidly. This ...
Mastercard's Long Runway For Growth Makes It A Buy
Seeking Alpha· 2024-09-20 22:09
Mastercard Incorporated (NYSE: MA ) is winning in new markets and new verticals and benefits from the transition from cash to digital payments throughout the globe. With a long runway for global digital payments growth and increasing demand forI hold a Master's in Accounting, am a small business owner, and am an assistant investing educator for beginning and intermediate individual investors. My investing analysis focus is on identifying and developing deep knowledge of great businesses. I have helped manag ...
Mastercard and Safaricom Partner to Enhance Digital Payments in Kenya
ZACKS· 2024-09-20 18:21
Mastercard Incorporated (MA) recently announced its partnership with Safaricom to expand payment acceptance and cross-border remittance services to over 636,000 merchants in Kenya through M-PESA, Safaricom’s mobile money platform. This collaboration is expected to unlock substantial benefits for Mastercard, as Kenya’s digital payment landscape experiences rapid growth. The initial initiatives are set to launch in the coming months, furthering Safaricom’s journey to obtain its acquiring license and offering ...
Mastercard: Investing in AI and Cybersecurity to Beat Out Visa
MarketBeat· 2024-09-20 13:41
Mastercard NYSE: MA just announced an acquisition to beef up its capabilities in cybersecurity and threat prevention. It will buy Recorded Future, the world's largest threat intelligence firm. When it comes to companies deeply embedded in the payments industry, it makes sense why Mastercard spent $2.65 billion on the company.Get Mastercard alerts:Preventing Fraud Is Important Now More Than EverMastercard TodayMAMastercard$489.73 -3.28 (-0.67%) 52-Week Range$359.77▼$501.80Dividend Yield0.54%P/E Ratio38.93Pri ...