|Bid||195.06 x 900|
|Ask||195.68 x 800|
|Day's Range||193.19 - 197.24|
|52 Week Range||149.89 - 225.35|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||39.62|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||1.32 (0.66%)|
|1y Target Est||233.76|
Payments giant Mastercard is IBD Stock Of The Day. Mastercard is showing relative strength, but also highlights just how weak the current stock market is.
The stocks of payment companies like Visa, Mastercard and PayPal had good years in 2018. The investment bank’s technology research team, led by David Togut, combed through the fintech and IT services sectors for companies whose stocks are their best ideas for next year. (MA) (MA): “The multidecade shift from cash and checks to electronic payments should continue to drive strong growth,” Togut writes.
Robinhood's debut of checking and savings accounts drew mixed reviews as it grappled with glitches.
Visa and Mastercard are evolving into exciting, modern fintech companies. But do the stocks have strong growth and income characteristics?
The partnership between Vocalink and Cámara de Compensación Electrónica allows for the processing of 24/7 real-time payments, bulk payments and checks. This total modernization of Peru’s existing electronic payments platform will enable banks to develop new payment services for consumers and businesses. International payment systems provider Vocalink, a Mastercard company, has today signed a contract with Peru’s automated clearing house, Cámara de Compensación Electrónica (CCE) to fully modernize the Peruvian electronic payments infrastructure.
Shares of payment company Square (SQ) fell 7.5% on December 7 to close trading at $60.78. Square stock has generated returns of -13% this month and -39% since the start of October.
Berkshire Hathaway, the holding company of billionaire investing legend Warren Buffett, owns a very small selection of very large positions. Berkshire’s $221 billion 13F portfolio contained just 46 positions on September 30, many of which the company has owned for years or even decades. Having the world’s 3rd-richest person as a shareholder is a badge […]
Mastercard (MA) reported third quarter revenues rose 15% to $3.9 billion with net income charging 33% higher to $1.9 billion and EPS up 36% to $1.82, notes Ingrid Hendershot, money manager, value investing specialist and editor of Hendershot Investments.
Calvert Equity Fund uses ESG investing for picking stocks. And ESG investing helps smooth the portfolio's ride in volatile markets.
Both of these are seen by most as just different credit card companies, even though they have two different business models. Which makes for a better investment now?
Walmart Inc. and Target Corp. want the Federal Reserve to help them get paid in real time. The retail giants are among the companies urging the Fed to develop a service to settle interbank transfers in real time, 24 hours a day, seven days a week. Such a service could ultimately eliminate the lag between when consumers use debit cards to pay for items and stores receive the funds.
A look at the shareholders of Mastercard Incorporated (NYSE:MA) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to see Read More...
NYON, Switzerland (AP) — UEFA has signed Visa as a sponsor of women's soccer through 2025, giving the European body deals with three payment corporations.
European Union regulators said Tuesday Mastercard Inc. and Visa Inc. have agreed to lower fees assessed to merchants when they accept debit or credit cards issued outside the region, a move that comes after merchants alleged that networks and banks colluded to inflate those fees. The European Commission said both companies made offers to lower these fees—known as interregional interchange fees—by a minimum of 40%. Card networks like Visa and Mastercard set interchange fees.
Shares of Square Inc. dropped 11.7% in Tuesday trading, marking the payments stock's largest single-day percentage decline since November 2017, when it fell 16.1%. The drop shaved about $3.5 billion from Square's market value, which now stands at roughly $26.7 billion, according to FactSet. Late on Monday, Stifel analyst Scott Devitt cut his price target to $95 from $100, though he maintained his buy rating on the stock. The stock closed at $63.51. Other payments stocks lagged the S&P 500 in Tuesday trading, including Mastercard Inc. , whose shares fell 4.5% after the company issued a filing regarding its resolution to a European interchange issue and also announced a dividend increase. Visa Inc. shares ended down 4.4%, while PayPal Holdings Inc. shares fell 4.3% and the S&P 500 dropped 3.2%.