Forecast Of The Day: MasterCard’s Payment Volume Per Card
What?
MasterCard’s (NYSE:MA) Payment Volume per Card fell from $1,822 in 2019 to $1,725 in 2020 although it recovered strongly to $1,970 in 2021. Trefis expects the metric to grow to over $2,250 by 2023.
Why?
Relevant Articles
- Mastercard Stock is Underperforming S&P500 In YTD Returns, What’s Next?
- Mastercard Stock Gained 20% In The Last Six Months, What To Expect From Q1 Results?
- Up 36% Since The Start Of 2023, Where Is Mastercard Stock Headed?
- Where Is Mastercard Stock Headed?
- Where Is Mastercard Stock Headed?
- What To Expect From Mastercard Stock?
While volumes dipped in 2020 due to the impact of Covid-19, the robust economic recovery following the early pandemic and rising consumer spending should drive growth going forward.
So What?
We value MasterCard stock at $410, 20% ahead of the current market price.
See Our Complete Analysis For Mastercard
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates