Mastercard Incorporated (MA) stock forecast: Can it reach its 52-week high of $536.75

At the time of writing, Mastercard Incorporated [MA] stock is trading at $531.01, up 0.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MA shares have gain 0.38% over the last week, with a monthly amount glided 1.75%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Previously, Compass Point started tracking the stock with Neutral rating on September 04, 2024, and set its price target to $525. On September 03, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $470 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $480 on July 10, 2024. Piper Sandler initiated its recommendation with a Overweight and recommended $531 as its price target on May 13, 2024. TD Cowen started tracking with a Buy rating for this stock on April 11, 2024, and assigned it a price target of $545. In a note dated January 11, 2024, Oppenheimer upgraded an Outperform rating on this stock but restated the target price of $510.

For the past year, the stock price of Mastercard Incorporated fluctuated between $416.53 and $536.75. Currently, Wall Street analysts expect the stock to reach $545.67 within the next 12 months. Mastercard Incorporated [NYSE: MA] shares were valued at $531.01 at the most recent close of the market. An investor can expect a potential return of 2.76% based on the average MA price forecast.

Analyzing the MA fundamentals

According to Mastercard Incorporated [NYSE:MA], the company’s sales were 27.23B for trailing twelve months, which represents an 12.62% jump. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at 0.57%, Pretax Profit Margin comes in at 0.54%, and Net Profit Margin reading is 0.45%. To continue investigating profitability, this company’s Return on Assets is posted at 0.26, Equity is 1.7 and Total Capital is 0.51. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.47.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 526.66 points at the first support level, and at 522.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 533.57, and for the 2nd resistance point, it is at 536.13.

Ratios To Look Out For

It is important to note that Mastercard Incorporated [NYSE:MA] has a current ratio of 1.29. Further, the Quick Ratio stands at 1.29, while the Cash Ratio is 0.64. Considering the valuation of this stock, the price to sales ratio is 17.90, the price to book ratio is 65.66 and price to earnings (TTM) ratio is 40.16.

Transactions by insiders

Recent insider trading involved Mastercard Foundation, 10% Owner, that happened on Nov 12 ’24 when 1.15 million shares were purchased. Chief Financial Officer, SACHIN J. MEHRA completed a deal on Nov 01 ’24 to sell 4716.0 shares. Meanwhile, Director SACHIN MEHRA bought 4716.0 shares on Nov 01 ’24.

Related Posts