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MasterCard (MA) Flat As Market Gains: What You Should Know
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MasterCard (MA - Free Report) closed at $199.79 in the latest trading session, marking no change from the prior day. This change lagged the S&P 500's 0.85% gain on the day. Meanwhile, the Dow gained 0.75%, and the Nasdaq, a tech-heavy index, added 1.29%.
Heading into today, shares of the processor of debit and credit card payments had gained 5.88% over the past month, lagging the Business Services sector's gain of 13.38% and the S&P 500's gain of 12.44% in that time.
Wall Street will be looking for positivity from MA as it approaches its next earnings report date. This is expected to be January 31, 2019. On that day, MA is projected to report earnings of $1.53 per share, which would represent year-over-year growth of 34.21%. Meanwhile, our latest consensus estimate is calling for revenue of $3.79 billion, up 14.42% from the prior-year quarter.
It is also important to note the recent changes to analyst estimates for MA. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.1% lower. MA is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note MA's current valuation metrics, including its Forward P/E ratio of 26.49. Its industry sports an average Forward P/E of 17.94, so we one might conclude that MA is trading at a premium comparatively.
Investors should also note that MA has a PEG ratio of 1.46 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Financial Transaction Services industry currently had an average PEG ratio of 1.36 as of yesterday's close.
The Financial Transaction Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 185, which puts it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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MasterCard (MA) Flat As Market Gains: What You Should Know
MasterCard (MA - Free Report) closed at $199.79 in the latest trading session, marking no change from the prior day. This change lagged the S&P 500's 0.85% gain on the day. Meanwhile, the Dow gained 0.75%, and the Nasdaq, a tech-heavy index, added 1.29%.
Heading into today, shares of the processor of debit and credit card payments had gained 5.88% over the past month, lagging the Business Services sector's gain of 13.38% and the S&P 500's gain of 12.44% in that time.
Wall Street will be looking for positivity from MA as it approaches its next earnings report date. This is expected to be January 31, 2019. On that day, MA is projected to report earnings of $1.53 per share, which would represent year-over-year growth of 34.21%. Meanwhile, our latest consensus estimate is calling for revenue of $3.79 billion, up 14.42% from the prior-year quarter.
It is also important to note the recent changes to analyst estimates for MA. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.1% lower. MA is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note MA's current valuation metrics, including its Forward P/E ratio of 26.49. Its industry sports an average Forward P/E of 17.94, so we one might conclude that MA is trading at a premium comparatively.
Investors should also note that MA has a PEG ratio of 1.46 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Financial Transaction Services industry currently had an average PEG ratio of 1.36 as of yesterday's close.
The Financial Transaction Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 185, which puts it in the bottom 28% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.