MA Stock Summary and Trading Ideas (Mastercard | NYSE:MA)

Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Mastercard trades on the NYSE stock market under the symbol MA.

As of November 7, 2024, MA stock price declined to $517.88 with 1,952,787 million shares trading.

MA has a beta of 0.62, meaning it tends to be less sensitive to market movements. MA has a correlation of 0.25 to the broad based SPY ETF.

MA has a market cap of $475.33 billion. This is considered a Mega Cap stock.

Last quarter Mastercard reported $7 billion in Revenue and $3.89 earnings per share. This beat revenue expectation by $99 million and exceeded earnings estimates by $.15.

In the last 3 years, MA traded as high as $527.90 and as low as $276.87.

The top ETF exchange traded funds that MA belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.

MA has underperformed the market in the last year with a price return of +35.0% while the SPY ETF gained +38.3%. However, in the short term, MA had mixed performance relative to the market. It has outperformed in the last 3 months, returning +15.7% vs +14.4% return in SPY. But in the last 2 weeks, MA shares have been beat by the market, returning +0.8% compared to an SPY return of +3.0%.

MA support price is $516.59 and resistance is $525.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MA shares will trade within this expected range on the day.