|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||227.64 - 230.86|
|52 Week Range||174.60 - 250.58|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||47.57|
|Earnings Date||Apr 24, 2023 - Apr 28, 2023|
|Forward Dividend & Yield||1.50 (0.77%)|
|Ex-Dividend Date||Aug 11, 2022|
|1y Target Est||248.98|
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
The payments industry is poised to keep thriving as more consumers shift away from cash and to other payment methods. Mastercard (NYSE: MA) is positioned to be a major winner from this trend toward alternate payment methods. Let's examine Mastercard's fundamentals and valuation to get an answer to this question.
This is precisely why consulting firm Boston Consulting Group projects that the global payments industry revenue will grow at a high single-digit rate annually to top $3 trillion by 2031. With more than 80 million merchant locations and approximately 4 billion cards in circulation worldwide, Visa is heavily favored to continue to be the biggest beneficiary of these positive industry trends.