Stock Update: MasterCard Inc (NYSE:MA) – Just in Time for the Holidays New Banks & Credit Unions Implement Samsung Pay for Mastercard Cardholders

[Business Wire] – With the holidays upon us, shoppers are looking to conveniently check off their gifting lists. MasterCard cardholders from New York to California and everywhere in between now have the opportunity to leverage a simple and secure mobile payment option this holiday season as several new banks and credit unions are now live with Samsung Pay. Read more on this. MasterCard Incorporated (MA) , valued at $111.51B, opened at $97.42. Looking at today’s trading action, the company’s one day range from $97.29 to $98.58 and has traded between $74.61 and $101.76 over the past year. Master Card (MA) shares are currently priced at 29.14x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 24.23x earnings multiple for the same period. The company pays shareholders $0.76 per share annually in dividends, yielding 0.80%. In a review of the consensus earnings estimate this quarter, 33 sell-side analysts are looking at $0.72 per share, which would be $0.03 better than the year-ago quarter and a $0.05 sequential decrease. The full-year EPS estimate is $3.35 which would be a $0.25 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.57 Billion. If reported, that would be a 6.20% increase over the year-ago quarter. More recently, Credit Agricole Initiated MA at Outperform (May 20, 2015). Previously, Topeka Capital Markets Initiated MA at to Hold. With the above information in mind, readers should note that the average price target is $111.81, which is 14.77% above where the stock opened this morning. See more in (NYSE:MA) Similar Articles: Market Update (NYSE:MA): Samsung Pay Debuts for MasterCard Cardholders Company Update: MasterCard Inc (NYSE:MA) – MasterCard Delivers Android Pay to Cardholders in the U.S. Company Update: MasterCard Inc (NYSE:MA) – First Tech Federal Credit Union and MasterCard Announce First U.S. Biometric Payments Pilot