Wednesday, June 18th, 2025

Master card (MA.NYSE):$502.26, break resistance.

“Master card (MA.NYSE):$502.26, break resistance.”
TP1:$510.93
TP2:$520.06
SL:$483.54

Mastercard (NYSE: MA) is a global leader in payment processing technologies. It provides services such as credit, debit, and prepaid card transactions, along with secure payment solutions for businesses and consumers worldwide. Mastercard has consistently maintained its position as a top player in the fintech industry, driven by the rise of digital payments and a shift towards a cashless economy.

As of October 2024, Mastercard’s stock price recently hit $502.26, breaking through a key resistance level, indicating strong market momentum. This follows a series of positive earnings reports. For Q2 2024, Mastercard reported earnings per share (EPS) of $3.59, surpassing analysts’ expectations of $3.51. Its revenue also came in strong at $6.96 billion, beating the forecast of $6.85 billion. This represents an 11% year-over-year revenue growth, reflecting Mastercard’s ability to capture more business globally as digital payments continue to expand.

The company’s next earnings report, expected on October 24, 2024, is anticipated to further reflect strong performance, with EPS estimates at $3.73 and revenue projected at $7.3 billion. Mastercard’s strategic moves, such as partnerships for cross-border payments and innovations in digital payments, continue to solidify its market position. Analysts generally maintain a bullish outlook on the stock, citing its steady growth and robust fundamentals, despite a high price-to-earnings (P/E) ratio of around 30x

Thank you

BRC Asia Ltd: Acquisition of Southern Steel Mesh – Stock Analysis and Investment Recommendation

CGS International May 26, 2025 BRC Asia Ltd: Acquiring Malaysian Market Share Key Takeaways BRC Asia’s 1HFY9/25 net profit reached S\$42m, a 9% year-over-year increase, accounting for 53% of FY25F estimates. ] The company’s...

ComfortDelGro Stock Analysis: Challenges and Opportunities in Singapore’s Transport Sector

Comprehensive Financial Analysis of Zurich Insurance, Grab Holdings, GoTo Gojek, and ComfortDelGro Comprehensive Financial Analysis of Zurich Insurance, Grab Holdings, GoTo Gojek, and ComfortDelGro Broker: Maybank Research Date: January 7, 2025 Zurich Insurance Zurich...

SingTel: Capitalizing on Digital Transformation Amidst Economic Recovery

Date of Report October 1, 2024 Broker Name UOB Kay Hian Company Overview Singapore Telecommunications Limited (SingTel) is a major telecommunications and multimedia company based in Singapore. It offers a comprehensive range of services,...