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MasterCard (MA) Stock Moves -1.90%: What You Should Know
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In the latest trading session, MasterCard (MA - Free Report) closed at $556.85, marking a -1.9% move from the previous day. On the other hand, the Dow registered a loss of 0.36%, and the technology-centric Nasdaq increased by 0.45%.
Coming into today, shares of the processor of debit and credit card payments had lost 5.37% in the past month. In that same time, the Business Services sector lost 4.06%, while the S&P 500 gained 1.27%.
Analysts and investors alike will be keeping a close eye on the performance of MasterCard in its upcoming earnings disclosure. The company is expected to report EPS of $5.13, up 17.12% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $9.62 billion, indicating a 11.86% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $19.9 per share and a revenue of $37.24 billion, indicating changes of +16.99% and +13.57%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for MasterCard. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Over the past month, the Zacks Consensus EPS estimate has shifted 0.01% upward. MasterCard currently has a Zacks Rank of #3 (Hold).
In terms of valuation, MasterCard is currently trading at a Forward P/E ratio of 28.52. Its industry sports an average Forward P/E of 12.74, so one might conclude that MasterCard is trading at a premium comparatively.
Investors should also note that MA has a PEG ratio of 1.62 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Financial Transaction Services industry stood at 0.84 at the close of the market yesterday.
The Financial Transaction Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 184, positioning it in the bottom 26% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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MasterCard (MA) Stock Moves -1.90%: What You Should Know
In the latest trading session, MasterCard (MA - Free Report) closed at $556.85, marking a -1.9% move from the previous day. On the other hand, the Dow registered a loss of 0.36%, and the technology-centric Nasdaq increased by 0.45%.
Coming into today, shares of the processor of debit and credit card payments had lost 5.37% in the past month. In that same time, the Business Services sector lost 4.06%, while the S&P 500 gained 1.27%.
Analysts and investors alike will be keeping a close eye on the performance of MasterCard in its upcoming earnings disclosure. The company is expected to report EPS of $5.13, up 17.12% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $9.62 billion, indicating a 11.86% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $19.9 per share and a revenue of $37.24 billion, indicating changes of +16.99% and +13.57%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for MasterCard. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Over the past month, the Zacks Consensus EPS estimate has shifted 0.01% upward. MasterCard currently has a Zacks Rank of #3 (Hold).
In terms of valuation, MasterCard is currently trading at a Forward P/E ratio of 28.52. Its industry sports an average Forward P/E of 12.74, so one might conclude that MasterCard is trading at a premium comparatively.
Investors should also note that MA has a PEG ratio of 1.62 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Financial Transaction Services industry stood at 0.84 at the close of the market yesterday.
The Financial Transaction Services industry is part of the Business Services sector. Currently, this industry holds a Zacks Industry Rank of 184, positioning it in the bottom 26% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.