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MasterCard (MA) Dips More Than Broader Markets: What You Should Know
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MasterCard (MA - Free Report) closed the most recent trading day at $207.38, moving -0.19% from the previous trading session. This change lagged the S&P 500's daily loss of 0.03%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.04%.
Prior to today's trading, shares of the processor of debit and credit card payments had lost 5.58% over the past month. This has was narrower than the Business Services sector's loss of 5.68% and lagged the S&P 500's loss of 3.08% in that time.
MA will be looking to display strength as it nears its next earnings release, which is expected to be October 30, 2018. On that day, MA is projected to report earnings of $1.68 per share, which would represent year-over-year growth of 25.37%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.86 billion, up 13.7% from the year-ago period.
MA's full-year Zacks Consensus Estimates are calling for earnings of $6.40 per share and revenue of $14.93 billion. These results would represent year-over-year changes of +39.74% and +19.51%, respectively.
Any recent changes to analyst estimates for MA should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-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. 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. Over the past month, the Zacks Consensus EPS estimate has moved 0.13% lower. MA is currently a Zacks Rank #3 (Hold).
Digging into valuation, MA currently has a Forward P/E ratio of 32.47. This valuation marks a premium compared to its industry's average Forward P/E of 21.54.
Also, we should mention that MA has a PEG ratio of 1.71. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. MA's industry had an average PEG ratio of 1.54 as of yesterday's close.
The Financial Transaction Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 101, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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MasterCard (MA) Dips More Than Broader Markets: What You Should Know
MasterCard (MA - Free Report) closed the most recent trading day at $207.38, moving -0.19% from the previous trading session. This change lagged the S&P 500's daily loss of 0.03%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.04%.
Prior to today's trading, shares of the processor of debit and credit card payments had lost 5.58% over the past month. This has was narrower than the Business Services sector's loss of 5.68% and lagged the S&P 500's loss of 3.08% in that time.
MA will be looking to display strength as it nears its next earnings release, which is expected to be October 30, 2018. On that day, MA is projected to report earnings of $1.68 per share, which would represent year-over-year growth of 25.37%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.86 billion, up 13.7% from the year-ago period.
MA's full-year Zacks Consensus Estimates are calling for earnings of $6.40 per share and revenue of $14.93 billion. These results would represent year-over-year changes of +39.74% and +19.51%, respectively.
Any recent changes to analyst estimates for MA should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-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. 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. Over the past month, the Zacks Consensus EPS estimate has moved 0.13% lower. MA is currently a Zacks Rank #3 (Hold).
Digging into valuation, MA currently has a Forward P/E ratio of 32.47. This valuation marks a premium compared to its industry's average Forward P/E of 21.54.
Also, we should mention that MA has a PEG ratio of 1.71. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. MA's industry had an average PEG ratio of 1.54 as of yesterday's close.
The Financial Transaction Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 101, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.