Latest news with #DanielPerlin
Yahoo
01-08-2025
- Business
- Yahoo
Mastercard's Future Looks Bright With Turbocharged VAS And Diversified Revenue Mix
Mastercard Inc. (NYSE:MA) reported stronger-than-expected second-quarter results on Thursday, prompting a wave of upward revisions from Wall Street analysts who cited accelerating growth in value-added services (VAS) and solid international volume trends as key drivers of future performance. The payments giant reported adjusted revenue of $8.13 billion and earnings per share of $4.15, beating consensus estimates. Total net revenue rose 16% year-over-year, while VAS revenue climbed 23% on a reported basis and 22% in constant currency. This segment, which includes digital authentication, fraud prevention, and customer engagement solutions, is increasingly seen as a major contributor to Mastercard's long-term revenue Capital Markets analyst Daniel Perlin raised his price forecast on the stock from $650 to $656, maintaining an Outperform rating, citing stronger-than-expected results and upward revisions in full-year guidance. The firm raised its fiscal 2025 and 2026 revenue and EPS forecasts, supported by the company's resilience and broad-based growth, particularly in cross-border and switched transaction volumes. Perlin increased his fiscal 2025 and fiscal 2026 estimates, now projecting revenue of $32.68 billion and EPS of $16.45 in fiscal 2025, and $36.76 billion and EPS of $18.75 in fiscal 2026. While noting potential headwinds from a fading FX boost and higher rebates and incentives, RBC pointed to strong July trends and positive third-quarter guidance as signs of continued momentum. JPMorgan's Tien-tsin Huang also raised his price target significantly, from $610 to $685, while reaffirming an Overweight rating after Mastercard posted ~15% organic revenue growth, exceeding the firm's 13% forecast and outperforming Visa's (NYSE:V) 14%. The firm attributed the beat to FX tailwinds and strong expansion in VAS. Despite a modest slowdown in U.S. volume growth, non-U.S. and cross-border activity remained stable. Huang revised fiscal 2025 organic revenue growth to 13% (up from 12%) and maintained 2026 at 11%. FX tailwinds contributed materially to revised estimates, pushing projected EPS to $16.31 for fiscal 2025 (from $15.90) and $18.89 for fiscal 2026 (from $18.60). JPMorgan expects domestic volume growth to moderate further in the second half of 2025 as Mastercard laps large portfolio wins. Huang remains confident in Mastercard's steady macro environment and strong execution across consumer segments. Goldman Sachs analyst Will Nance maintained a Buy rating on Mastercard and increased the price forecast from $674 to $688, maintaining a positive outlook on the back of strong second-quarter results and optimistic forward guidance. The firm pointed to better-than-expected cross border e-commerce trends and accelerating growth in VAS as key positives. Mastercard's transaction processing volume grew 19% year-over-year, and cross-border volumes rose 19% (15% in constant currency), outperforming Visa. While U.S. debit volumes were slightly below estimates, international volumes remained healthy. Goldman adjusted its EPS projections upward through 2027, highlighting strong operating leverage and sustained demand for Mastercard's services. Nance adjusted his EPS estimates to $16.34 for 2025, $18.76 for 2026, and $21.89 for 2027. He flagged slower U.S. debit growth due to the Capital One portfolio migration but expects limited yield impact. Price Action: MA stock is trading lower by 1.78% to $556.36 at last check Friday. Image via Shutterstock Latest Ratings for MA Date Firm Action From To Jan 2022 Morgan Stanley Maintains Overweight Jan 2022 Raymond James Maintains Outperform Jan 2022 Raymond James Maintains Outperform View More Analyst Ratings for MA View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? MASTERCARD (MA): Free Stock Analysis Report This article Mastercard's Future Looks Bright With Turbocharged VAS And Diversified Revenue Mix originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
12-07-2025
- Business
- Business Insider
RBC Capital Reaffirms Their Hold Rating on TELUS International (CDA) (TIXT)
In a report released on July 9, Daniel Perlin from RBC Capital maintained a Hold rating on TELUS International (CDA), with a price target of $5.00. The company's shares closed yesterday at $3.75. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Perlin is an analyst with an average return of -9.6% and a 39.64% success rate. Perlin covers the Technology sector, focusing on stocks such as Affirm Holdings, Broadridge Financial Solutions, and Fidelity National Info. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TELUS International (CDA) with a $3.92 average price target. TIXT market cap is currently $1.06B and has a P/E ratio of -9.41. Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TIXT in relation to earlier this year.
Business Insider
13-05-2025
- Business
- Business Insider
RBC Capital Keeps Their Hold Rating on TELUS International (CDA) (TIXT)
RBC Capital analyst Daniel Perlin maintained a Hold rating on TELUS International (CDA) (TIXT – Research Report) on May 9 and set a price target of $5.00. The company's shares closed yesterday at $2.98. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Perlin covers the Technology sector, focusing on stocks such as Shift4 Payments, NCR Voyix, and Block. According to TipRanks, Perlin has an average return of -10.6% and a 37.42% success rate on recommended stocks. Currently, the analyst consensus on TELUS International (CDA) is a Moderate Buy with an average price target of $3.88, a 30.20% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a $3.00 price target. Based on TELUS International (CDA)'s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $691 million and a GAAP net loss of $54 million. In comparison, last year the company earned a revenue of $692 million and had a net profit of $38 million Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TIXT in relation to earlier this year.
Business Insider
13-05-2025
- Business
- Business Insider
IBEX (IBEX) Gets a Hold from RBC Capital
In a report released on May 9, Daniel Perlin from RBC Capital maintained a Hold rating on IBEX (IBEX – Research Report), with a price target of $31.00. The company's shares closed yesterday at $28.12. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Perlin covers the Technology sector, focusing on stocks such as Shift4 Payments, NCR Voyix, and Block. According to TipRanks, Perlin has an average return of -10.6% and a 37.42% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for IBEX with a $30.00 average price target, representing a 6.69% upside. In a report released on May 11, Robert W. Baird also downgraded the stock to a Hold with a $30.00 price target. IBEX market cap is currently $408.5M and has a P/E ratio of 13.41. Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IBEX in relation to earlier this year. Most recently, in February 2025, Robert Thomas Dechant, the CEO of IBEX sold 49,931.00 shares for a total of $1,310,189.44.
Yahoo
10-04-2025
- Business
- Yahoo
Fiserv acquires Australian payment facilitator Pinch
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. A week after saying it would launch its Clover point-of-sale service in Australia, the payments giant Fiserv disclosed Monday that it has acquired Australian payment facilitator Pinch Payments. Pinch was founded in 2017 and serves about 2,000 merchants in Australia and New Zealand, according to a news release from Fiserv on the acquisition. The Australian company is known for its management platform Glassbox, the release said. Glassbox helps companies comply with regulatory requirements and manage day-to-day operations, the Pinch Payments website says. The move extends Fiserv's reach with services such as Clover, which is focused on small businesses, in the two Pacific island countries and generally in the region, the release said. "By integrating our leading digital payment solutions with Pinch's innovative technology and local expertise, we are able to deliver innovative payment solutions to empower merchants across the (Asia Pacific) region," Gavin Jones, head of Fiserv Australia, said in the news release. The release does not give an exact date for the acquisition and doesn't say how much Milwaukee-based Fiserv paid for Pinch Payments. The merger was finalized last week, a Fiserv spokesperson said in an email. The spokesperson declined to say how much the company paid to acquire Pinch Payments. The payments company announced it was launching Clover in Australia on March 31, and said the point-of-sale service is now available in eleven countries, powering 3.5 million point-of-sale devices. Merging with Pinch 'will provide incremental distribution for Clover,' RBC Capital Markets analyst Daniel Perlin wrote in a note to the firm's investment clients Tuesday. RBC expects further integration between payments and technology companies 'as firms look to create seamless payment ecosystems,' Perlin said. Recommended Reading Fiserv says US trade war could harm demand
