|Bid||291.50 x 1800|
|Ask||292.50 x 900|
|Day's range||273.55 - 290.39|
|52-week range||215.93 - 347.25|
|Beta (5Y monthly)||0.98|
|PE ratio (TTM)||36.56|
|Earnings date||27 Apr 2020 - 03 May 2020|
|Forward dividend & yield||1.60 (0.56%)|
|Ex-dividend date||07 Apr 2020|
|1y target est||359.44|
MasterCard (MA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Alarm.com, Six Flags Entertainment, Visa, Mastercard and American Express highlighted as Zacks Bull and Bear of the Day
Several companies, including Apple Inc, Mastercard Inc and American Airlines Group Inc, have warned of a hit from the rapid spread of the epidemic that has disrupted supply chain, hurt global travel and led to temporary shutdowns of businesses. PayPal, which derives nearly half of its total revenue from international operations, forecast first-quarter revenue of $4.78 billion to $4.84 billion last month. "We currently estimate the negative impact from COVID-19 to be an approximate one percentage point reduction, to PayPal's year-over-year revenue growth for the first quarter," the company said in a statement.
(Bloomberg) -- PayPal Holdings Inc. cut its forecast for revenue in the first quarter due to the continued impact of the coronavirus.The payments operator said it expects revenue to be on the lower end of a previously forecast range of $4.78 billion to $4.84 billion. The company reaffirmed its outlook for adjusted earnings of 76 cents to 78 cents a share.“PayPal’s business trends remain strong; however, international cross-border e-commerce activity has been negatively impacted by COVID-19,” the company said in a statement Thursday. PayPal said it expects the “negative impact from COVID-19” to be about a one percentage-point reduction to revenue growth for the first quarter.PayPal shares were little changed in morning trading in New York on Thursday. The stock has dropped about 10% in the past week. Companies have begun lowering forecasts as the deadly virus spreads from China to Europe, the Middle East and the U.S. Federal health officials warned earlier this week that the illness will almost certainly spread in the U.S. and that people should prepare for significant disruptions in daily life, including school closings, cancellations of sporting events, concerts and business meetings.On Wednesday Microsoft Corp. reduced its quarterly outlook, following Apple Inc. and HP, because of supply-chain disruptions related to the virus. Mastercard Inc. also lowered its forecast for quarterly revenue growth as the virus curbs international travel and takes a bite out of e-commerce.Anxious investors have driven five consecutive days of stock market losses in the U.S., erasing the benchmark S&P 500 index’s gains for the year.(Updates with shares in fourth paragraph.)To contact the reporter on this story: Julie Verhage in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Mark Milian at email@example.com, Molly Schuetz, Alistair BarrFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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Communities have been hit hard with 9,500 free-to-use cash machines removed from across the UK in last two years, according to Which?
India-born Banga will take on the role of executive chairman, while Miebach will become the company's president on March 1. Chairman Richard Haythornthwaite will retire after more than a decade when Banga assumes his new role, the company said in a statement. Before joining Mastercard as president of Middle East and Africa in 2010, Miebach served as managing director at Barclays Bank and general manager at Citibank.
Wall Street added to losses on Tuesday with its three major stock indexes falling 1%, after officials said the coronavirus was "a rapidly escalating epidemic," a day after virus worries sent the S&P 500 and the Dow Industrials to their biggest daily declines in two years. U.S. stock indexes were on track for a fourth day of losses, with fears of a pandemic knocking off more than 3% on Monday after a flare-up of infections in several countries. As of Monday's close, the S&P 500 and the Dow Jones Industrials had erased their gains for the year-to-date.
Mastercard (MA) expects to see sluggish 2020 revenues due to the coronavirus outbreak, which is likely to adversely impact its cross-border business.
U.S. stock indexes ticked slightly higher on Tuesday as investors dipped their toes in the water a day after worries about the the worldwide spread of the coronavirus sent the S&P 500 and the Dow Industrials to their biggest daily declines in two years. Department store operator Macy's Inc also fell 1% even after a smaller-than-expected drop in quarterly same-store sales.
U.S. stock index futures edged higher on Tuesday, helped by a slate of positive earnings, a day after the S&P 500 and the Dow Industrials logged their worst session in two years on worries over the worldwide spread of the virus. Shares of Dow-member Home Depot Inc rose 2.5% in premarket trading after the home improvement chain beat quarterly sales and profit estimates. Another upbeat report in the retail space was from department store operator Macy's Inc, which jumped more than 5% after a smaller-than-expected drop in quarterly same-store sales.
Mastercard announced that Ajay Banga will become Executive Chairman of the Board of Directors and Michael Miebach will become CEO on January 1, 2021.
Measuring Mastercard Incorporated's (NYSE:MA) track record of past performance is an insightful exercise for...
The company now expects revenue growth between 9% and 10% in the current quarter as the virus impacts travel and e-commerce across borders. The credit card issuer also expects that net revenue growth on a year-over-year basis in 2020 would be at the low end of the low-teens range if the impact of the virus is limited to the first quarter only. The company had earlier forecast net revenue growth in low teens for 2020 while expecting revenue to grow in low double digits for the first quarter.
The IBD Live Team discusses a key rule for finding top stocks to buy amid the current coronavirus-related market sell-off. The Team also discusses Long Term Leader Mastercard and why this stock is one to watch.
Mastercard warned that the coronavirus will take a toll on Q1 and full-year revenue. Really speaks to depressed consumer spending. MA plunges through 50-day line – other payment stocks hit hard. Mastercard is a long-term leader. On monthly basis, still looks OK. See how it holds up in weak market.