Stock Update: MasterCard Inc (NYSE:MA) – MasterCard to Participate in Upcoming Investor Conference

[Business Wire] – MasterCard today announced its participation in the following investor conference in the month of June: Read more on this. MasterCard Incorporated (MA) , valued at $105.98B, began trading this morning at $96.54. Looking at today’s market, MA one day range is $96.07 to $96.73 and has traded between $74.61 and $101.76 over the past 12 months. MA shares are currently priced at 27.25x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 22.06x earnings multiple for the same period. And for passive income investors, the company pays shareholders $0.76 per share annually in dividends, yielding 0.80%. According to a consensus of 33 analysts, the earnings estimate of $0.90 per share would be $0.05 better than the year-ago quarter and a $0.01 sequential increase. The full-year EPS estimate is $3.54 which would be a $0.11 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $2.59 Billion. If realized, that would be a 8.37% increase over the year-ago quarter. More recently, Compass Point Initiated MA at Neutral (Apr 15, 2016). Previously, BofA/Merrill downgraded MA from Buy to Neutral. The average price target for MA shares by the analysts covering it is $108.82, which is 12.72% above where the stock opened. See more in (NYSE:MA) Similar Articles: Stock Update: MasterCard Inc (NYSE:MA) – Virtual Reality and Payment Wearables Tee Off at the Arnold Palmer Invitational Presented by MasterCard Stock Update: MasterCard Inc (NYSE:MA) – Walmart Adds MasterPass™ by MasterCard to Online and Mobile Checkout Stock Update: MasterCard Inc (NYSE:MA) – Just in Time for the Holidays New Banks & Credit Unions Implement Samsung Pay for Mastercard Cardholders