Mattel Inc. [MAT] fell -6.54% so far this year. What now?
Mattel Corporation [NASDAQ: MAT] The stock went on a downtrend as it fell more than -3.86% on Thursday, which is a one-week price drop of less than -8.74%. Company report on 7 September 2022 That Mattel presents Bruno the Brake Car, the first unifying character in the iconic Thomas & Friends franchise.
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The newest character in Thomas & Friends: All Engines Go, with the voice of an autistic actor, was developed in collaboration with the Autistic Self Advocacy Network, Easterseals Southern California, and respected autistic writers and personalities.
Over the past 12 months, MAT stock is up 0.35%. Mattel Inc’s 1-year stock outlook is for a potential upside at 36.03. The average equity rating of MAT is currently 1.90, and it trades more like a bullish pattern in the stock market.
The stock’s market capitalization was $7.52 billion, of which 353.46 million shares are outstanding and 351.53 million shares are in the current float. Compared to an average trading volume of 2.66 million shares, MAT stock reached a trading volume of 4817735 on the last trading day, which is why market watchers consider the stock to be active.
Educator’s opinion of Mattel Inc. [MAT]:
Based on careful and fact-backed analyzes by Wall Street experts, the current consensus on the MAT stock price target is $31.50 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus for MAT stock is a set recommendation at 1.90. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
Goldman made an estimate for Mattel Inc.’s stock. , retaining their opinion of the stock as Buy, with their previous recommendation back on July 11, 2022. While these analysts held the previous recommendation, Stifel raised the target price from $27 to $33. The new price target note was released on February 24, 2022, which is the official target price for Mattel’s stock. Previously, the target price had another increase from $28 to $32, while Monness Crespi & Hardt maintained a buy rating on MAT stock. On January 13, 2022, analysts raised their price target for MAT shares from 24 to 30.
The Average True Range (ATR) is set by Mattel Inc. at 0.80, with the price-to-sales ratio for MAT stock in the last twelve months coming to 1.29. The price-to-book ratio for the last quarter was 4.12, with the price-to-cash ratio for the stock in the same quarter set at 0.74. The price-to-free cash flow for MAT over the past 12 months was 33.69 with a Q4 quick ratio of 1.00.
MAT stock performance analysis:
Mattel Corporation [MAT] It fell into the red at the end of last week, fell in a negative direction and fell by -8.74. With this latest performance, MAT shares are down -14.33% over the past four-week period, as well as -13.45% over the past six months – not to mention a 0.35% rise in the past year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for the MAT stock for the past two weeks was set at 32.11, with the RSI for the last one trading at 27.44, and the three-week RSI set at 35.95 for Mattel Inc. [MAT]. The current moving average of the last 50 trading days for this stock is 22.71, while it recorded at 21.03 for the last trading week, and 22.87 for the last 200 days.
An insight into Mattel’s fundamentals:
Operating margin for any stock indicates how profitable the investment is, and Mattel Inc. [MAT] The stock currently has an operating margin of +14.03 and a gross margin of +47.50. Net margin reported to Mattel Inc. Currently at +16.55.
The return on equity for this stock increased to 83.41, with the return on assets remaining at 15.16.
Mattel Inc’s liquidity data is also interesting, with the quick ratio at 1.00 and the current ratio set at 1.80.
EPS Stock MAT
The company’s progress can be seen through the perspective of the EPS growth rate, while Wall Street analysts focus on forecasting the 5-year EPS growth rate for MAT. When it comes to the stated value, analysts expect Mattel Inc.’s 5-year EPS growth rate to rise. to 17.50%.
Mattel Corporation [MAT] Insider position details
There are currently approximately $7,079 million in the hands of institutional investors. The three largest corporate owners of MAT shares are: PRIMECAP MANAGEMENT CO / CA / with ownership of 44,820,909, which represents approximately -0.922% of the company’s market capitalization and approximately 0.30% of the total corporate ownership; EDGEPOINT INVESTMENT GROUP INC. , which owns 35,732,556 shares with an approximate value of $720.01 million in MAT stock; and VANGUARD GROUP INC, which currently holds $657.82 million in MAT stock with ownership of approximately 1.819% of the company’s market capitalization.
Positions increased in Mattel Inc. shares. held by institutional investors at the end of July and at the time of the July report, as 169 institutional owners consolidated their positions in Mattel Inc. [NASDAQ:MAT] About 21,215,975 shares. In addition, the number of investor positions by 171 investors decreased by about 18,339,637 shares, while 83 investors held positions by about 311,770,071 shares. The said changes put institutional holdings at 3,513,25683 shares, according to the latest report from the Securities and Exchange Commission. MAT had 44 new institutional investments totaling 2,603,698 shares, while 45 institutional investors sold deals totaling 3,419,068 shares during the same period.