Mastercard Incorporated (MA) recently collaborated with a Senegal-based fintech firm, New Africa Technology (NAT), in a bid to launch a virtual and physical prepaid card tied to NAT's digital wallet, "Flash." Transactions through the wallet can be done using both virtual and physical prepaid cards, and a seamless payment experience is assured. It incorporates features like invoice splitting among multiple users, expense management, and budgeting tools. The app also works seamlessly with regional wallets, al ...

jbk_photography Counterintuitively, despite Mastercard Incorporated (NYSE:MA) being one of the most recognized brands globally, its business is commonly misunderstood. Historically, the misunderstanding revolved primarily around the fact that Mastercard does not provide credit. Today, many are missing just how expansive and diversified ...

The payment processing giant still has a bright future.Over the past three years, Mastercard's (MA -0.42%) stock has rallied by more than 40% as the S&P 500 advanced by about 25%. The payment processing giant impressed investors with its robust growth, wide moat, and resistance to economic headwinds.But will it keep rising over the next three years?How does Mastercard make money?Mastercard and Visa are the two largest card payment processing companies in the world, but neither of them issues any cards. Inst ...

One of the more prominent market-beating financial sector stocks this month has been payment processing giant Mastercard (MA -0.05%). That stands to reason: On Oct. 31, the company delivered a third-quarter earnings report showing solid growth and a double beat on analysts' estimates. Speaking of Mastercard analysts, one Wall Street pro who covers the sturdy financial company recently upped his price target on the stock. Is his burst of fresh optimism justified?Price target liftOn Friday, TD Cowen's Bryan B ...

公司总回报情况 - 自2006年首次公开募股（IPO）以来，万事达卡（Mastercard）的总回报率为12480%，当初投入10000美元如今价值130万美元[1] 公司业务模式 - 投资者可能误认为万事达卡像银行一样寻找借款人、批准并发卡然后收取利息，但实际上它运营连接商户、银行和消费者的通信协议以促进卡交易处理[3][4] - 万事达卡通过提供安全可靠的资金流转方式盈利，从每笔交易金额中赚取不到1%的份额，2023年第三季度该项业务占其收入的63%，其余为增值服务[5] - 由于依赖整体经济的消费行为，公司业务有一定周期性，但在经济衰退时不像贷款机构那样受到严重负面影响，例如不必为潜在信贷损失预留准备金[6] 公司网络效应 - 截至撰写本文时，万事达卡市值为4790亿美元，是全球最有价值的公司之一，这得益于其巨大的投资回报[7] - 公司拥有34亿张在全球流通的信用卡，被全球1.5亿商户接受，这种双边生态系统随着规模增长对所有利益相关者更有价值，新的支付网络很难模仿[8][9] 公司财务状况 - 公司采用轻资产商业模式，2023年资本支出低，仅占收入的4.3%，费用基本固定，第三季度营业利润率为54.3%[10] - 公司能产生大量自由现金流，上季度支付6.11亿美元股息并回购29亿美元股票，这种资本分配政策提高投资者回报[11] - 截至9月30日，公司资产负债表上有176亿美元长期债务，但第三季度利息支付仅占销售额的2.2%，管理层合理利用杠杆，不存在财务困境风险[12]

Analysts expressed views on Mastercard Incorporated MA following its investor day event this week.The company anticipates a compound annual growth rate (CAGR) in the mid-teens for EPS over the next three years, down from its prior expectation of low-20s growth for 2022-2024.BMO Capital Markets analyst Rufus Hone raised the price target to $565 from $550 and reaffirmed the Outperform rating.The analyst writes that Mastercard outlined its 2025-2027E financial targets, addressing concerns about consumer paymen ...

公司Mastercard业绩预期 - 2025 - 2027年净营收复合年增长率预期处于低双位数百分比增长的高端低于2022 - 2024年估计的高十几百分比的复合年增长率[1] - 2025 - 2027年每股收益复合年增长率预期为中十几百分比低于2022 - 2024年的低二十几百分比但2025 - 2027年运营利润率预计从2022 - 2024年的最低50%提升到最低55%[2] 公司Mastercard增长驱动 - 2025 - 2027年除中国外的年卡市场交易量预计增长约9%计划推动服务和解决方案业务进一步使营收来源多样化预计2025 - 2027年增值服务和解决方案的净营收复合年增长率为高十几百分比将加强在反欺诈解决方案方面的业务[3] - 现有能力可服务的服务目标市场规模估计为4900亿美元业务地域多元化北美占总总交易额34%欧洲占33%亚太中东非洲地区占24%拉美占9%[4] - 有机会在发展中经济体扩大业务并增加市场份额在中国市场通过本地合资企业开展业务可能成为主要增长动力[5] 公司Mastercard股价表现 - 过去一年Mastercard股价上涨31.2%低于行业34.5%的涨幅[6] 其他公司业绩预期 - Affirm Holdings当前年度盈利的Zacks共识预估较上年同期增长64.1%过去四个季度中有三个季度盈利超出预期一次未达预期平均超出幅度为17.8%当前年度营收共识预估为31亿美元较上年同期增长33.5%[8] - Cantaloupe当前年度盈利的Zacks共识预估较上年同期增长113.3%过去四个季度中有两个季度盈利超出预期一次符合预期一次未达预期平均超出幅度为20%当前年度营收共识预估较上年同期增长15.9%[9] - Repay Holdings当前年度盈利的Zacks共识预估较上年同期增长4.6%过去四个季度中有三个季度盈利超出预期一次符合预期平均超出幅度为9.3%当前年度营收共识预估为3.167亿美元较上年同期增长6.8%[10]

公司财务展望 - Mastercard调整2025 - 2027年财务展望预计净营收增长将放缓预计年净营收将在低双位数的高端增长较2022 - 2024年预期的高十几的增长明显减速[1] - 公司预计未来三年每股收益复合年增长率为中十几低于之前2022 - 2024年低二十几的增长预期[1] - 公司目标在2025 - 2027年期间年营业利润率至少达到55%高于2022 - 2024年50%的最低目标[2] 公司业绩情况 - Mastercard第三季度净营收为73.7亿美元较上年增长13%超过分析师预估的72.7亿美元调整后每股收益同比增长15%至3.89美元高于预期的3.74美元[2] - 支付网络营收同比增长10%（按货币中性计算为11%）受总美元交易量增长10%跨境交易增长17%和转换交易增长11%推动[3] - 公司预计第四季度净营收增长为低十几高于分析师预测的72.7亿美元[3] 银行相关数据 - KeyBanc分析师Alex Markgraff研究美国银行花旗集团摩根大通和富国银行近期第三季度报告中的信用卡和借记卡交易量数据这些银行的信用卡总量同比增长5%低于上季度的6%借记卡总量同比增长4%略低于第二季度5%的增长[4] - 银行报告信用卡消费增长放缓但指出消费者韧性仍在消费模式趋于稳定摩根大通强调客户大多已耗尽现金缓冲美国银行观察到支付增长持续到10月[5] - 这种温和下降与Mastercard和Visa的预测形成对比分析师曾预期这两家公司的卡量会上升不过Markgraff认为第三季度营收风险仍然很小[5] 公司股价情况 - Mastercard股票在周三最后一次检查时下跌1.08%至523.61美元[6]

Mastercard Incorporated (MA) recently reported strong third-quarter 2024 earnings, driven by improved transaction volumes and resilient consumer spending. Improving cross-border volumes coupled with strong demand for value-added services favored the results.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The stock is just 0.8% below its 52-week high of $528.84. MA gained 14.6% in the past six months compared with the industry’s 14.4% rise and the S&P 500 Index’s rally of 14.8%. MA i ...

You can buy and hold these two Buffett stocks for a lifetime.Warren Buffett isn't necessarily known for his growth investing. But he has identified several stocks that, for decades at a time, turned out to be growth machines. There are two stocks in Berkshire Hathaway's portfolio right now that every investor should consider. They've been monster growth stocks in the past. And if you use the correct investment strategy, they can still produce immense long-term gains for your portfolio.These two stocks have ...