Mastercard (NYSE:MA – Get Free Report)‘s stock had its “outperform” rating restated by stock analysts at William Blair in a research note issued on Monday,RTT News reports. William Blair also issued estimates for Mastercard’s Q1 2025 earnings at $3.56 EPS, Q2 2025 earnings at $4.04 EPS, Q3 2025 earnings at $4.23 EPS, FY2025 earnings at $16.15 EPS, Q1 2026 earnings at $4.20 EPS, Q2 2026 earnings at $4.73 EPS, Q3 2026 earnings at $5.01 EPS and FY2026 earnings at $19.09 EPS.
A number of other equities research analysts have also issued reports on the stock. JPMorgan Chase & Co. reduced their target price on shares of Mastercard from $593.00 to $580.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. Morgan Stanley boosted their price objective on Mastercard from $544.00 to $564.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Robert W. Baird raised their target price on shares of Mastercard from $545.00 to $575.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. UBS Group boosted their price target on shares of Mastercard from $590.00 to $610.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Finally, Macquarie raised their price objective on shares of Mastercard from $505.00 to $565.00 and gave the company an “outperform” rating in a report on Friday, November 1st. Four research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Mastercard currently has an average rating of “Moderate Buy” and a consensus target price of $549.16.
Read Our Latest Analysis on Mastercard
Mastercard Price Performance
Mastercard (NYSE:MA – Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The credit services provider reported $3.89 EPS for the quarter, topping analysts’ consensus estimates of $3.73 by $0.16. Mastercard had a return on equity of 178.27% and a net margin of 45.26%. The company had revenue of $7.37 billion for the quarter, compared to analysts’ expectations of $7.27 billion. During the same period in the prior year, the firm earned $3.39 earnings per share. The firm’s revenue was up 12.8% compared to the same quarter last year. As a group, analysts forecast that Mastercard will post 14.47 EPS for the current year.
Insider Activity
In related news, CMO Venkata R. Madabhushi sold 4,685 shares of Mastercard stock in a transaction on Friday, September 13th. The shares were sold at an average price of $493.10, for a total value of $2,310,173.50. Following the transaction, the chief marketing officer now directly owns 17,118 shares in the company, valued at $8,440,885.80. This trade represents a 21.49 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.10% of the company’s stock.
Institutional Trading of Mastercard
Several hedge funds have recently made changes to their positions in the company. Sarasin & Partners LLP boosted its stake in shares of Mastercard by 4.7% in the third quarter. Sarasin & Partners LLP now owns 831,942 shares of the credit services provider’s stock valued at $410,813,000 after buying an additional 37,486 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Mastercard by 4.8% during the 3rd quarter. Principal Financial Group Inc. now owns 3,031,915 shares of the credit services provider’s stock worth $1,497,160,000 after purchasing an additional 138,842 shares during the period. Coppell Advisory Solutions Corp. acquired a new position in shares of Mastercard during the 1st quarter worth $608,000. SteelPeak Wealth LLC increased its holdings in shares of Mastercard by 48.6% in the 2nd quarter. SteelPeak Wealth LLC now owns 4,928 shares of the credit services provider’s stock valued at $2,174,000 after purchasing an additional 1,612 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Mastercard by 2.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,010,430 shares of the credit services provider’s stock valued at $2,474,151,000 after purchasing an additional 100,550 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.
Mastercard Company Profile
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.
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