Should You Sell Mastercard Incorporated (MA) And Go Away This Year?

Mastercard Incorporated (NYSE:MA) currently has a daily average trading volume of 2.43M but it saw 1733709 shares traded in last market. With a market cap of 429.28B USD, the company’s current market price of $460.16 came rising about 0.07 while comparing to the previous closing price of $459.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $490.00 and as low as $357.85.

Taking a look at 20-day trading activity of Mastercard Incorporated (MA) gives us an average price of $474.33, while its current price level is -6.09% below from 52-week high level whereas it is 28.59% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $471.29 while that of 200 days or SMA-200 reads an average of $423.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.55% during that period while stretching the period over a month that decreases to 1.47%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.45 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which initiated the stock as “Buy” in its note to investors issued on April 11, 2024, recommending a price target of $545 for it. Oppenheimer upgraded its recommendation for the stock as a “Outperform” from “Perform” on January 11, 2024 while assigning a price target of $510.

Over the week, MA’s stock price is moving -1.92% down while it is -3.91% when we observe its performance for the past one month. Year-to-date it is 7.89% up and over the past year, the stock is showing an upside performance of 23.45%.

Currently, Mastercard Incorporated’s total number of outstanding shares is 927.00M. Company’s return on investment (ROI) stands at 51.10% and return on equity (ROE) at 169.27%. It has a price to earnings ratio (P/E ratio) of 38.89 while having a 27.48 of forward P/E ratio. Stock’s beta reads 1.07. Stock has a price to book (P/B) ratio of 62.03 while price to sale or P/S ratio amounts to 17.08. Its return on asset (ROA) is 27.58% on average.