Stock Update: MasterCard Inc (NYSE:MA) – Twitter (TWTR) Stock Pops, MasterCard Wants to Collaborate

[at TheStreet] – Twitter (TWTR) shares are rallying Monday as financial services company MasterCard (MA) is looking to partner with Twitter, given the microblogging site’s unique payments services offering. Read more on this. MasterCard Incorporated (MA) , currently valued at $105.58B, began trading this morning at $96.01. Shares have traded today between $94.46 and $96.10 per share with a trailing 52-week range being $74.61 to $101.76. MA shares are currently priced at 26.77x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 14.10x earnings multiple. And for passive income investors, the company pays shareholders $0.76 per share annually in dividends, yielding 0.79%. According to a consensus of 32 analysts, the earnings estimate of $0.85 per share would be $0.04 worse than the year-ago quarter and a $0.09 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $3.53 would be a $0.10 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.38 Billion. If reported, that would be a 6.73% increase over the year-ago quarter. More recently, BofA/Merrill downgraded MA from Buy to Neutral (Feb 11, 2016). Previously, Sterne Agee CRT Initiated MA at to Buy. With the above information in mind, readers should note that the average price target is $104.22, which is 8.55% above where the stock opened this morning. 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) – MasterCard beats profit estimates as customers spend more