Mastercard snaps seven straight days of gains
Mastercard (NYSE:MA) shares traded in the red on Wednesday, breaking seven consecutive days of gains. Stock closed down 1.24% at $494.76.
MA has risen 18.93% in the last 12 months and 5.8% in the last one month. YTD, the stock is trading slightly below the broader S&P 500 market, which rose 18.13% as compared to Mastercard’s YTD gain of 16.77%.
Looking at Seeking Alpha’s Quant Ratings, the company has a Hold rating with a score of 3.33 out of 5.
When it comes to Wall Street analysis, 23 out of 40 analysts recommend a Strong Buy, 10 rate it as a Buy and 7 rate it as a Hold.
Seeking Alpha analysts have a Buy rating on the company.
According to SA analyst Cash Flow Venue, “Mastercard outperforms Visa in revenue growth, maintains high EBITDA margins, and rewards shareholders with dividends and share repurchases.
Despite a higher EV/EBITDA multiple than Visa, Mastercard’s dynamic growth and profitability justify a ‘buy’ rating, with potential for further multiple expansion.”