At the time of writing, Mattel, Inc. [MAT] stock is trading at $18.57, up 4.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MAT shares have lost -0.38% over the last week, with a monthly amount drifted -1.07%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Mattel, Inc. [NASDAQ: MAT] stock has seen the most recent analyst activity on February 05, 2024, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $19 from $24. Previously, Morgan Stanley downgraded its rating to Equal-Weight on January 17, 2024, and dropped its price target to $19. On January 04, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $20 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $26 on October 20, 2023. Morgan Stanley initiated its recommendation with a Overweight and recommended $27 as its price target on September 27, 2023. In a note dated January 03, 2023, Stifel reiterated an Buy rating on this stock and revised its target price from $29 to $26.
For the past year, the stock price of Mattel, Inc. fluctuated between $15.87 and $20.48. Currently, Wall Street analysts expect the stock to reach $25.25 within the next 12 months. Mattel, Inc. [NASDAQ: MAT] shares were valued at $18.57 at the most recent close of the market. An investor can expect a potential return of 35.97% based on the average MAT price forecast.
Analyzing the MAT fundamentals
According to Mattel, Inc. [NASDAQ:MAT], the company’s sales were 5.35B for trailing twelve months, which represents an -3.90% plunge. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.25 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.06 points at the first support level, and at 17.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.91, and for the 2nd resistance point, it is at 19.26.
Ratios To Look Out For
It is important to note that Mattel, Inc. [NASDAQ:MAT] has a current ratio of 2.45. Also, the Quick Ratio is 1.88, while the Cash Ratio stands at 0.56. Considering the valuation of this stock, the price to sales ratio is 1.18, the price to book ratio is 3.20 and price to earnings (TTM) ratio is 11.68.
Transactions by insiders
Recent insider trading involved TOTZKE STEVE, President, Chief Comm Officer, that happened on May 13 ’24 when 45216.0 shares were sold. President, Chief Comm Officer, TOTZKE STEVE completed a deal on May 09 ’24 to sell 23662.0 shares. Meanwhile, President, Chief Comm Officer TOTZKE STEVE sold 4900.0 shares on May 10 ’24.
