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NASDAQ:MQ

Marqeta (MQ) Stock Price, News & Analysis

Marqeta logo
$3.75 0.00 (0.00%)
(As of 12/20/2024 05:40 PM ET)

About Marqeta Stock (NASDAQ:MQ)

Key Stats

Today's Range
$3.67
$3.86
50-Day Range
$3.42
$5.95
52-Week Range
$3.37
$7.36
Volume
8.98 million shs
Average Volume
5.83 million shs
Market Capitalization
$1.88 billion
P/E Ratio
187.50
Dividend Yield
N/A
Price Target
$6.03
Consensus Rating
Hold

Company Overview

Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services. It offers its solutions in various verticals, including financial services, on-demand services, expense management, and e-commerce enablement, as well as buy now, pay later. Marqeta, Inc. was incorporated in 2010 and is headquartered in Oakland, California.

Marqeta Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
64th Percentile Overall Score

MQ MarketRank™: 

Marqeta scored higher than 64% of companies evaluated by MarketBeat, and ranked 134th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Marqeta has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 5 buy ratings, 11 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Marqeta has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Marqeta's stock forecast and price target.
  • Earnings Growth

    Earnings for Marqeta are expected to decrease in the coming year, from $0.06 to ($0.16) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Marqeta is 187.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.62.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Marqeta is 187.50, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 28.49.

  • Price to Book Value per Share Ratio

    Marqeta has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    4.35% of the float of Marqeta has been sold short.
  • Short Interest Ratio / Days to Cover

    Marqeta has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Marqeta has recently decreased by 3.68%, indicating that investor sentiment is improving.
  • Dividend Yield

    Marqeta does not currently pay a dividend.

  • Dividend Growth

    Marqeta does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    4.35% of the float of Marqeta has been sold short.
  • Short Interest Ratio / Days to Cover

    Marqeta has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Marqeta has recently decreased by 3.68%, indicating that investor sentiment is improving.
  • News Sentiment

    Marqeta has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 45 news articles for Marqeta this week, compared to 6 articles on an average week.
  • Search Interest

    Only 30 people have searched for MQ on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Marqeta to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Marqeta insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    12.12% of the stock of Marqeta is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    78.64% of the stock of Marqeta is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Marqeta's insider trading history.
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MQ Stock News Headlines

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MQ Stock Analysis - Frequently Asked Questions

Marqeta's stock was trading at $6.98 at the beginning of 2024. Since then, MQ stock has decreased by 46.3% and is now trading at $3.75.
View the best growth stocks for 2024 here
.

Marqeta, Inc. (NASDAQ:MQ) issued its quarterly earnings data on Monday, November, 4th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.01. The business's revenue for the quarter was up 20.8% on a year-over-year basis.

Marqeta (MQ) raised $1 billion in an IPO on Wednesday, June 9th 2021. The company issued 45,500,000 shares at $20.00-$24.00 per share. Goldman Sachs, J.P. Morgan, Citigroup, Barclays, William Blair and KeyBanc Capital Markets served as the underwriters for the IPO and Nomura, HSBC, R. Seelaus & C. and Siebert Williams Shank were co-managers.

Top institutional investors of Marqeta include FMR LLC (6.35%), State Street Corp (2.20%), Geode Capital Management LLC (2.11%) and Westfield Capital Management Co. LP (1.64%). Insiders that own company stock include Judson C Linville, Martha Cummings, Seth R Weissman, Najuma Atkinson and Randall F Kern.
View institutional ownership trends
.

Shares of MQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Marqeta investors own include NVIDIA (NVDA), Meta Platforms (META), CrowdStrike (CRWD), Advanced Micro Devices (AMD), Broadcom (AVGO), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

Last Earnings
11/04/2024
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
960
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.03
High Stock Price Target
$10.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+60.9%
Consensus Rating
Hold
Rating Score (0-4)
2.31
Research Coverage
16 Analysts

Profitability

Net Income
$-222,960,000.00
Pretax Margin
2.73%

Debt

Sales & Book Value

Annual Sales
$490.03 million
Book Value
$2.39 per share

Miscellaneous

Free Float
441,504,000
Market Cap
$1.88 billion
Optionable
Optionable
Beta
1.54

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This page (NASDAQ:MQ) was last updated on 12/23/2024 by MarketBeat.com Staff
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