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MasterCard (MA) Increases Despite Market Slip: Here's What You Need to Know
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In the latest trading session, MasterCard (MA - Free Report) closed at $499.02, marking a +2.07% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.05%. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.24%.
The processor of debit and credit card payments's shares have seen a decrease of 0.98% over the last month, surpassing the Business Services sector's loss of 1.9% and the S&P 500's loss of 1.42%.
Market participants will be closely following the financial results of MasterCard in its upcoming release. The company's upcoming EPS is projected at $4.74, signifying a 14.22% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $9.06 billion, reflecting a 11.41% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $19.6 per share and a revenue of $36.99 billion, indicating changes of +15.23% and +12.8%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for MasterCard. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.01% higher within the past month. MasterCard is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that MasterCard has a Forward P/E ratio of 24.94 right now. This valuation marks a premium compared to its industry average Forward P/E of 9.86.
We can additionally observe that MA currently boasts a PEG ratio of 1.53. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Financial Transaction Services industry had an average PEG ratio of 0.76 as trading concluded yesterday.
The Financial Transaction Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 74, placing it within the top 31% of over 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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MasterCard (MA) Increases Despite Market Slip: Here's What You Need to Know
In the latest trading session, MasterCard (MA - Free Report) closed at $499.02, marking a +2.07% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.05%. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.24%.
The processor of debit and credit card payments's shares have seen a decrease of 0.98% over the last month, surpassing the Business Services sector's loss of 1.9% and the S&P 500's loss of 1.42%.
Market participants will be closely following the financial results of MasterCard in its upcoming release. The company's upcoming EPS is projected at $4.74, signifying a 14.22% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $9.06 billion, reflecting a 11.41% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $19.6 per share and a revenue of $36.99 billion, indicating changes of +15.23% and +12.8%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for MasterCard. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 0.01% higher within the past month. MasterCard is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that MasterCard has a Forward P/E ratio of 24.94 right now. This valuation marks a premium compared to its industry average Forward P/E of 9.86.
We can additionally observe that MA currently boasts a PEG ratio of 1.53. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Financial Transaction Services industry had an average PEG ratio of 0.76 as trading concluded yesterday.
The Financial Transaction Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 74, placing it within the top 31% of over 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.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.