Company Update: MasterCard Inc (NYSE:MA) – MasterCard Incorporated to Host Conference Call on Second-Quarter 2016 Financial Results

[Business Wire] – On Thursday, July 28, 2016, MasterCard Incorporated will release its second-quarter financial results. The company will host a conference call to discuss these results at 9:00 a.m. Read more on this. MasterCard Incorporated (MA) , valued at $97.86B, started trading this morning at $90.27. Looking at today’s market, MA one day range is $88.82 to $90.80 with a one year range of $74.61 to $101.76. Priced at 25.84x this year’s forecasted earnings, MA shares are relatively expensive compared to the industry’s 23.10x forward p/e ratio. The company pays shareholders $0.76 per share annually in dividends, yielding 0.83%. In a review of the consensus earnings estimate this quarter, 32 sell-side analysts are looking at $0.90 per share, which would be $0.05 better than the year-ago quarter and a $0.01 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $3.54, which would be a $0.11 improvement when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.59 Billion. If reported, 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. When considering if perhaps the stock is under or overvalued, the average price target is $108.74, which is 20.46% above where the stock opened this morning. See more in (NYSE:MA) Similar Articles: Stock Update: MasterCard Inc (NYSE:MA) – MasterCard to Participate in Upcoming Investor Conference Stock Update: MasterCard Inc (NYSE:MA) – Virtual Reality and Payment Wearables Tee Off at the Arnold Palmer Invitational Presented by MasterCard Company Update (NYSE:MA): MasterCard, Samsung Make Everyday Shopping Easier in Tomorrow’s Smart Home with Launch of Groceries by MasterCard App