|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||141.42 - 143.07|
|52 Week Range||99.51 - 143.59|
|PE Ratio (TTM)||35.30|
|Dividend & Yield||0.88 (0.62%)|
|1y Target Est||N/A|
Mastercard and PayPal are among the big payments companies whose stocks have enjoyed nice run ups this year, and this week brought a new wave of enthusiasm for both names. Shares of PayPal have soared 64% so far in 2017, while Mastercard is up 38%. Evercore analyst David Togut doubled down on his PayPal optimism Tuesday following conversations with company executives.
BMO Capital Markets' Paulo Ribeiro checks in on the fitech and payments sector, writing that while he's raised his price targets on both MasterCard (MA) and Visa (V), he now prefers the former, due to a stronger growth profile and greater earnings visibility in 2018. Ribeiro cites MasterCard's most recent investor day, when it highlighted the $180 trillion total addressable market of new payment flows, including business to business, person to person, and business to consumer.
Mastercard Inc NYSE:MA