Regulators extend public comment period for Capital One's $35B Discover deal
Seeking Alpha News (Wed, 24-Apr 3:10 PM ET)
Visa, Mastercard earnings expected to rise in seasonally weakest volume quarter
Seeking Alpha News (Mon, 22-Apr 2:32 PM ET)
Benzinga (Fri, 19-Apr 11:35 AM ET)
The Xbox Mastercard, Issued by Barclays, Now Available in the U.S. with More Value
PRNewswire (Thu, 18-Apr 12:00 PM ET)
Business Wire (Mon, 15-Apr 8:00 AM ET)
Mastercard Incorporated to Host Conference Call on First Quarter 2024 Financial Results
Business Wire (Tue, 9-Apr 4:15 PM ET)
Business Wire (Thu, 4-Apr 12:00 PM ET)
Mastercard Commits to Lowering U.S. Interchange for Small Businesses and Broader Merchant Community
Business Wire (Tue, 26-Mar 8:45 AM ET)
Mastercard Simplifies Subscription Management With Smart Subscriptions
Business Wire (Tue, 12-Mar 8:00 AM ET)
Mastercard Appoints Jon Huntsman, Jr. as Vice Chairman and President, Strategic Growth
Business Wire (Mon, 11-Mar 10:15 AM ET)
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 April 24, 2024, MA stock price declined to $462.80 with 1,838,689 million shares trading.
MA has a beta of 0.93, meaning it tends to be less sensitive to market movements. MA has a correlation of 0.55 to the broad based SPY ETF.
MA has a market cap of $431.74 billion. This is considered a Mega Cap stock.
Last quarter Mastercard reported $7 billion in Revenue and $3.18 earnings per share. This beat revenue expectation by $568 million and exceeded earnings estimates by $.34.
In the last 3 years, MA stock traded as high as $490.00 and as low as $276.87.
The top ETF exchange traded funds that MA belongs to (by Net Assets): RAYD, VTI, VOO, SPY, IVV.
MA stock has underperformed the market in the last year with a return of +24.2%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in MA shares. However, MA has outperformed the market in the last 3 month and 2 week periods, returning +5.8% and -1.8%, while SPY returned +4.5% and -2.7%, respectively. This indicates MA has been having a stronger performance recently.
MA support price is $457.82 and resistance is $467.82 (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 stock will trade within this expected range on the day.