|Bid||0.00 x 2900|
|Ask||0.00 x 900|
|Day's Range||200.02 - 202.53|
|52 Week Range||156.80 - 225.35|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||40.97|
|Earnings Date||Jan 31, 2019|
|Forward Dividend & Yield||1.32 (0.66%)|
|1y Target Est||230.73|
Yahoo Finance's Adam Shapiro and Julie Hyman find out what both Brian Cheung and Mattie Duppler are watching in the news. Brian Cheung discusses Mastercard begining free trials without the hassle.
After a terribly difficult year for stocks, 2019 started on a better note. Sellers are no longer in control and the S&P 500 is up 5% this year and up 10% off the Christmas lows. Although, the sellers are doing a decent job this morning on American Express (NYSE:AXP) stock, down 2.5%. But therein lies the opportunity. AXP reported earnings last night and investors did not like what they saw. I disagree with the sellers, so this is a buying opportunity for the long term. The experts on Wall Streets agree, since the stock is still trading well below their average price targets. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Where AXP Stock Stands Up until a week ago, traders believed that financial stocks could not rally. But that is starting to change lately -- they have recently bought bank stocks up with both hands. This is thanks to good reactions to the Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM) and Bank of America (NYSE:BAC) earnings reports. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) is up more than 4% in the past 5 days on top of a 10% bounce off the December lows. * 7 Retail Stocks to Buy for the Rise of Menswear However, AXP stock this morning is not getting the love that the others did this week. Perhaps the disappointing Morgan Stanley (NYSE:MS) report on Thursday morning soured the mood a little on Wall Street. America Express did miss slightly on both earnings and revenues, but nothing that damages its sustainable bullish thesis. AXP is not a bank, but credit card stocks do often trade alongside the traditional financial centers. American Express is financial technology stock, or FinTech, and those are faster movers than banks. Consider one extreme stock of the bunch, Square (NYSE:SQ) stock, which is up 72% in the past year. Visa (NYSE:V), Mastercard (NYSE:MA) and Paypal (NASDAQ:PYPL) are up 13%, 20% and 9% respectively for the same period. American Express stock is lagging, down 1%, so it has some catching up to do. This is reason number one to own it now -- while it still lags. Yes, they disappointed the Street with their earnings, but if the stock market is going higher this year then AXP will recover and rally along. Management stated yesterday that they "are starting 2019 in a position of strength." This is confidence that I can bank on, and the second reason to buy. Thirdly and perhaps the reason with the biggest upside potential on the stock is China. The tariff war has been terrifying to Wall Street but it also presents a great opportunity for AXP stock. Part of its effort to resolve the face-off with the U.S., China is likely to open its doors to U.S. companies. American Express has the best chance to be the first U.S. mover into a massive market, having already received preliminary approval. It will be competing with Alibaba (NASDAQ:BABA) Alipay and Tencent (TCEHY), but it is up to the task and will be a growth market for it. Last night, management delivered decent guidance for 2019 but lacked the wow-factor. They raised their full year revenues but kept the same range on earnings per share. These days, investors want to see upgrades in guidance. But in the face of so much uncertainty, a cautious management team is a smart one. They are aware and realistic of opportunities and pitfalls. The bottom line and as long as stocks are rising, AXP stock dips are buying opportunities in upwards moving markets. There are some negatives like a slight increase in provisions for losses but nothing too alarming. After all we are in a rate hike cycle and this is when things can go wrong, but this is not 2008. We don't have flagrant systemic risk. Today's stocks prices are better founded with much less froth. The negative reaction last night and this morning are too extreme. America Express stock is too good to be punished this harshly on a tepid report. Nevertheless, the short-term reaction to earnings events are always binary so they don't matter much over time. So luckily they are just that, short term. With time the good fundamentals will prevail over this temporary tantrum. For any bullish trade to work out we first need the macro-economic environment to allow for it. This year we are eliminating the major reasons that plagued the bulls last year. Recently the Federal Reserve assured us that they won't invert the yield curve on purpose. Now we only need to eliminate the tariff war threat. The rhetoric on that front are also improving as both sides are showing signs of lenience. Click here for a bonus video on Tilray (NASDAQ:TLRY) stock. This is a wild one but there are clues. Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post American Express Stock Dips Are Buying Opportunities appeared first on InvestorPlace.
Investing.com - Bitcoin and other major digital coin prices made small gains on Friday in Asia following news that Thailand ’s stock exchange is keen on developing a nationwide digital asset that would include a cryptocurrency exchange.
Yesterday, MasterCard announced a new feature that would protect its customers from the automatic billing that kicks in after a free trial. The policy will require merchants to notify users about the end of the free trial, the cost of continuing with a subscription and how to cancel the subscription. As noted by The Verge, MasterCard has added a few phrases to its original post that denote the stipulations.
Mastercard's new policy requires merchants to gain cardholder approval after the free trial, before they start billing. Now, companies will have to send you an email or text with the transaction amount, payment date and merchant name before billing you.
[Editor's note: This article has been updated to reflect that Mastercard's new policy only applies to purchases of physical goods, not services. On Wednesday, Mastercard announced that merchants will now be required to gain cardholder approval before they start billing at the end of a free trial for subscriptions for physical goods, like clothing subscriptions, for example.
Plenty of investors looking for industries ripe for disruption have focused on the payments business, but the latest data from Morgan Stanley suggests some digital payment options are gaining traction ...
# MasterCard Inc ### NYSE:MA View full report here! ## Summary * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for MA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting MA. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $7.66 billion over the last one-month into ETFs that hold MA are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Now, MasterCard will protect against this --but only for physical products. The company announced a new policy that will require merchants to get authorization from you before hitting you with recurring charges for subscriptions. Here's how MasterCard's new protections will work: Sign up for a free trial and provide your MasterCard card number for your payment information.
We're only a few days into earnings season and so far it's a mixed bag. Overall, bank earnings aren't suggesting there was an issue from the consumer side. Those that did poorly were mostly from a result of the Fed or fourth-quarter volatility. That bodes well for credit card companies like American Express (NYSE:AXP). AXP stock will be in the spotlight on Thursday when the company reports its quarterly results after the close. Currently, analysts expect fourth-quarter earnings of $1.80 per share. If AXP hits this mark, it will represent 13.9% year-over-year (YoY) growth. American Express has beat earnings estimates for seven straight quarters. Worth noting, unlike some bank stocks, estimates haven't come down for AXP. In fact, they have climbed a penny per share over the last 30 days and are flat over the last 90 days. Despite this, the stock has been under pressure. * 10 Growth Stocks With the Future Written All Over Them On the revenue front, analysts are calling for sales of $10.56 billion in sales, representing a impressive YoY gain of 19.5%. Short of management providing disappointing guidance, it's hard to imagine AXP stock falling should the company beat these estimates. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Valuing American Express Stock Analysts expect American Express to grow sales 20.8% in fiscal 2018 to $40.44 billion. For earnings, they're looking for $7.38 per share, 25.7% YoY. This leaves AXP stock trading at just over 13 times this year's earnings. That's cheaper than both Visa (NYSE:V) and MasterCard (NYSE:MA) -- two stocks that I like very much. I like V and MA for their consistency. With AXP, there's been a few more bumps in the road. Estimates call for a notable deceleration in growth in 2019, but analysts are still looking for positive results. Expectations call for 7.6% sales growth in fiscal 2019 and 10.2% earnings growth. 13 times earnings is reasonable for double-digit earnings growth in 2018 and 2019, and strong sales growth both years. Last quarter, AXP beat top- and bottom-line expectations, raised guidance and expanded its partnership with the fast-growing PayPal (NASDAQ:PYPL). These are things we like to see from a company. From a fundamental perspective, AXP is attractive, although because of its loaning business, it does not operate solely on the "tollbooth" business like Visa and MasterCard. Online spending and holiday shopping was strong last quarter, which bodes well for all the credit card companies. One worry though? Falling gas prices. While lower gas prices is a boon for consumers, it hurts transaction revenue for companies like V, MA and AXP. Let's see if that impacts the top line this quarter. ### Trading AXP Stock Shares are up about 10% off the recent lows, as AXP stock has gone from $89 to $98. Near $98, American Express stock has been consolidating nicely over the last few days. It's currently holding up over the 21-day moving average and earnings will decide if the next move is up or down. So which is it? A reaction to earnings ahead of the announcement is impossible to predict. But we can look at a few key levels to consider. For instance, on the downside, we have the 21-day just below current prices at $96.78. That's a little too close to expect it to hold as support. However, $95 has been notable and could stand up as support should AXP stock come under pressure. The last line in the sand comes down near $89 to $90. This mark has held up throughout 2018 and I would expect it to now, provided something horrible doesn't come from the quarter. * 7 Oversold Small-Cap Stocks With Massive Profit Growth On the upside, The $100 to $102 level has been significant and may act as resistance going forward. It doesn't help that the 200-day is at $101 and the 50-day is just under $103. However, a 5% pop would clear AXP stock over all of these levels and make it an enticing post-earnings entry for bulls should the stock close above these levels. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long V. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Top 10 Global Stock Ideas for 2019 From RBC Capital * 10 A-Rated Stocks the Smart Money Is Piling Into * 5 Best Bank ETFs for This Week's Earnings Avalanche Compare Brokers The post Should You Buy American Express Stock Before Earnings? appeared first on InvestorPlace.
New York City is one of the most visited cities in the world, delivering unrivaled experiences and events across culinary, theatre, music, sports, arts and more. In a move to enable people to further experience all this unique city has to offer, NYC & Company and Mastercard today announced a new global, multi-year partnership. From NYC & Company’s iconic programs including NYC Restaurant Week®, NYC Broadway WeekSM and NYC Must-See WeekSM to its other citywide initiatives, the two will collaborate to bring all that is Priceless about NYC to life.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices Read More...
On Monday, the Financial Times reported, citing two sources, that the People's Bank of China has not yet formally acknowledged applications from Visa and Mastercard to process yuan payments.
Investing.com - Asian equities fell in morning trade on Monday as investors awaited China to report export and import numbers later in the day.
Microsoft, Visa, Mastercard and Intuitive Surgical all share an unusual chart pattern. Why? They're just following the stock market. That's why you should too.
Hardware companies like Apple and Samsung, online ones like Google and Amazon, banks like JPMorgan Chase and retailers like Walmart were all unveiling their own new ways for Americans to make purchases, especially with their phones. Now that the dust is beginning to settle, it is increasingly clear that the ultimate winners are likely to be the same old credit-card companies that already dominated: Visa and Mastercard. Among less traditional players, PayPal looks best positioned, thanks largely to a flexible strategy that accommodates these giants.
There's a newcomer to IBD's top fintech stocks, which include well-known names Mastercard, Visa, PayPal Holdings and Square. Green Dot is "an evolving fintech story," says one analyst.