Mastercard Incorporated (NYSE:MA) registered a 0.24% increase, still its new closing price is 39.51% up from the company’s 1 year high of 109.40.It posted 1.25% gains in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 1 sells versus 12 buy or better ratings. The 35 stock analysts following this company have an average price target at $119.30, with individual PT in the $92.00-$133.00 range. The shares moved at $108.66, implying that brokerage firms see shares gaining about 27.05% in twelve months time.
Mastercard Incorporated (MA) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 5.46% rise year to date. A 10% Owner at Mastercard Incorporated (MA) offloaded shares in a transaction closed on Monday November 21, 2016. MasterCard Foundation sold 48,424 shares in the company at $104.98 each and collected $5,083,001 in proceeds. MasterCard Foundation now owns 114,132,787 shares in the company after this transaction. A 10% Owner in the company, MasterCard Foundation, disclosed a transaction on Thursday November 17, 2016 that ended up generating $7,500,001 from the sale of 72,624 shares at $103.28 per share.
Mastercard Incorporated (NYSE:MA) Upcoming Results on Tap
Mastercard Incorporated will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.09 in that period. Sales during the quarter are predicted to arrive at $2.73 billion.
Earnings surprise history: Last quarter, the company posted approximately $2.88 billion in revenue and EPS of $1.08. The mean forecast was for $2.75 billion and $0.98 a share, respectively. One quarter earlier, revenue for the stock was at $2.69 billion, with earnings at $0.96/share.
Mastercard Incorporated (MA) Brokerage Update
Mastercard Incorporated (MA) is in RBC Capital Mkts’s research list so their analyst rating change is noteworthy. These shares were upgraded to Top Pick from Outperform by RBC Capital Mkts, according to news reported on Thursday January 05, 2017.Another important research note was issued by BofA/Merrill on Thursday December 15, 2016.The firm upgraded MA to Buy from Neutral. Over the last six months and over the last three months, the shares of Mastercard Incorporated (MA), have changed 18.09% and 7.97%, respectively.