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 April 18, 2024, MA stock price declined to $454.70 with 1,727,113 million shares trading.

MA has a beta of 0.96, meaning it tends to be less sensitive to market movements. MA has a correlation of 0.54 to the broad based SPY ETF.

MA has a market cap of $424.19 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 has outperformed the market in the last year with a return of +22.6%, while the SPY ETF gained +22.3%. In the last 3 month period, MA beat the market returning +6.5%, while SPY returned +6.1%. However, in the most recent 2 weeks MA has underperformed the stock market by returning -4.6%, while SPY returned -3.8%.

MA support price is $454.54 and resistance is $464.46 (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.