Mastercard (NYSE:MA – Get Free Report)‘s stock had its “outperform” rating reaffirmed by equities researchers at William Blair in a report released on Friday,RTT News reports. William Blair also issued estimates for Mastercard’s Q1 2025 earnings at $3.53 EPS, Q4 2025 earnings at $4.12 EPS, FY2025 earnings at $15.94 EPS, Q1 2026 earnings at $4.16 EPS, Q2 2026 earnings at $4.74 EPS, Q3 2026 earnings at $4.98 EPS, Q4 2026 earnings at $4.97 EPS and FY2026 earnings at $18.83 EPS.
A number of other brokerages have also recently issued reports on MA. Raymond James restated an “outperform” rating and issued a $640.00 target price (up from $614.00) on shares of Mastercard in a report on Friday. JPMorgan Chase & Co. decreased their target price on Mastercard from $593.00 to $580.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. Morgan Stanley decreased their target price on Mastercard from $654.00 to $644.00 and set an “overweight” rating on the stock in a report on Friday. Mizuho lifted their target price on Mastercard from $496.00 to $532.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Finally, Robert W. Baird lifted their target price on Mastercard from $545.00 to $575.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Four research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $595.64.
Check Out Our Latest Stock Report on MA
Mastercard Stock Down 1.8 %
Mastercard (NYSE:MA – Get Free Report) last issued its quarterly earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.71 by $0.11. Mastercard had a return on equity of 178.27% and a net margin of 45.26%. Equities analysts expect that Mastercard will post 14.47 earnings per share for the current fiscal year.
Mastercard declared that its board has approved a share repurchase program on Tuesday, December 17th that allows the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization allows the credit services provider to purchase up to 2.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.
Hedge Funds Weigh In On Mastercard
A number of institutional investors have recently made changes to their positions in MA. International Assets Investment Management LLC increased its stake in shares of Mastercard by 120,665.3% in the third quarter. International Assets Investment Management LLC now owns 8,041,758 shares of the credit services provider’s stock worth $3,971,020,000 after purchasing an additional 8,035,099 shares during the period. Bank of Montreal Can increased its stake in shares of Mastercard by 51.7% in the third quarter. Bank of Montreal Can now owns 5,765,714 shares of the credit services provider’s stock worth $2,846,187,000 after purchasing an additional 1,965,782 shares during the period. FMR LLC increased its stake in shares of Mastercard by 3.4% in the third quarter. FMR LLC now owns 21,355,081 shares of the credit services provider’s stock worth $10,545,139,000 after purchasing an additional 700,769 shares during the period. Geode Capital Management LLC increased its stake in Mastercard by 2.5% during the third quarter. Geode Capital Management LLC now owns 18,375,053 shares of the credit services provider’s stock valued at $9,043,972,000 after acquiring an additional 453,773 shares during the period. Finally, Montrusco Bolton Investments Inc. increased its stake in Mastercard by 52.8% during the third quarter. Montrusco Bolton Investments Inc. now owns 1,185,081 shares of the credit services provider’s stock valued at $573,017,000 after acquiring an additional 409,334 shares during the period. 97.28% of the stock is currently owned by institutional investors.
About Mastercard
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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