Mastercard Inc (NYSE:MA) soared 2.05% during previous trade, a total of 3.46M shares exchanged hands compared with its average trading volume of 2.63M shares whereas its relative volume is 1.15. The stock has a market capitalization of $123.27B along with 1.06B outstanding shares. Stock’s intraday price range hit the peak level of $114.90 and touched the lowest level of $112.67.
Most recently Mastercard Inc (NYSE:MA)’s price target was revised on 4/18/17 and according to 28 analysts stock’s price will reach at $123.39 during 52 weeks with standard deviation of 8.98. Stock’s minimum price target estimates has been figured out at $99 while the maximum price target forecast is established at $135, if we look at the price target with an optimistic approach it has upside potential of 18% from its latest closing price of $114.59.
Historically, if we look at price target revisions, three week ago Mastercard Inc (NYSE:MA)’s price target was revised on 3/15/17 by the analysts, however the bullish price estimates of the stock set at $130 while the bearish estimates kept at $99 over the next one year. Stock’s 52-week target was retained at $120.94, the estimates indicates a standard deviation of 8.06.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.55. ABR value is precisely based on brokerage recommendations, where out of 19 brokerage recommendations 13 rate Mastercard Inc (NYSE:MA) stock a Strong Buy, 1 rate the stocks of the company a Buy, 5 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 1/20/17 the stock of Mastercard Inc (NYSE:MA) upgraded by Wedbushfrom Neutral to Outperform. However previously on 1/5/17 it was downgraded by RBC Capital Mkts from Outperform to Top Pick. A research note issued on 12/5/16 the stock was upgraded by BofA/Merrill from Neutral to Buy.
Mastercard Inc (NYSE:MA) performance over the past one year soared 18% whereas its year to date (YTD) performance indicated a bullish trend of 11.43%. During the last six months the stock climbed 13.10%. Quarterly performance of the company shows optimistic momentum of 5.79% while its last one month trend is positive with 3.71%. Stock’s weekly performance expressed up trend of 2.80%.
The company’s price sits 3.37% above from its 50-day moving average of $111.88 and 11.07% far from the stock’s 200-day moving average which is $107.03.
According to consensus agreement of 29 analysts Mastercard Inc (NYSE:MA) will report earnings per share of $0.95 in their quarterly report and it is expected to announce the company’s results on 5/2/17 Before Market Open. For the current quarter the company has high EPS estimates of $0.99 in contradiction of low EPS estimates of $0.9. However a year ago for the same quarter the company has reported $0.86 EPS. Current year EPS projections for Mastercard Inc (NYSE:MA) set at $4.26 according to the sentiments of 32 analysts, while its lowest earnings estimates are $4.15 and highest earnings estimates are $4.35.
According to 27 analysts, Mastercard Inc (NYSE:MA)’s revenue estimates for the current quarter are $2.66B meanwhile the company has high revenue estimates of $2.82B in contradiction of low revenue estimates of $2.59B. For the current year the company’s revenue estimates are $11.78B compared to low analyst estimates of $11.54B and high estimates of $11.99B according to the projection of 31 analysts.