Saturday, November 28, 2020

Mattel Inc. [MAT] is -27.23% lower this YTD. Is it still time to buy?

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Mattel Inc. [NASDAQ: MAT] closed the trading session at $9.86 on 06/15/20. The day’s price range saw the stock hit a low of $9.22, while the highest price level was $10.045. The stocks have a year to date performance of -27.23 percent and weekly performance of -9.21 percent. The stock has been moved at -22.85 percent over the last six months. The stock has performed 21.73 percent around the most recent 30 days and changed 25.45 percent over the most recent 3-months.

If compared to the average trading volume of 5.42M shares, MAT reached to a volume of 5244089 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here’s what leading stock market gurus have to say about Mattel Inc. [MAT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MAT shares is $10.61 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MAT stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Mattel Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 03, 2020. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Outperform. The new note on the price target was released on April 17, 2020, representing the official price target for Mattel Inc. stock. Previously, the target price had yet another raise to $9.50, while Berenberg analysts kept a Hold rating on MAT stock.

The Average True Range (ATR) for Mattel Inc. is set at 0.56, with the Price to Sales ratio for MAT stock in the period of the last 12 months amounting to 0.75. The Price to Book ratio for the last quarter was 21.43, with the Price to Cash per share for the same quarter was set at 1.50.

MAT stock trade performance evaluation

Mattel Inc. [MAT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.21. With this latest performance, MAT shares gained by 21.73% in over the last four-week period, additionally sinking by -22.85% over the last 6 months – not to mention a drop of -16.79% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MAT stock in for the last two-week period is set at 54.78, with the RSI for the last a single of trading hit 53.68, and the three-weeks RSI is set at 53.91 for Mattel Inc. [MAT]. The present Moving Average for the last 50 days of trading for this stock 8.95, while it was recorded at 9.83 for the last single week of trading, and 11.10 for the last 200 days.

Mattel Inc. [MAT]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Mattel Inc. [MAT] shares currently have an operating margin of +1.78 and a Gross Margin at +43.09. Mattel Inc.’s Net Margin is presently recorded at -4.74.

Return on Total Capital for MAT is now 2.23, given the latest momentum, and Return on Invested Capital for the company is -6.00. Return on Equity for this stock declined to -37.18, with Return on Assets sitting at -4.04. When it comes to the capital structure of this company, Mattel Inc. [MAT] has a Total Debt to Total Equity ratio set at 649.09. Additionally, MAT Total Debt to Total Capital is recorded at 86.65, with Total Debt to Total Assets ending up at 59.93. Long-Term Debt to Equity for the company is recorded at 634.03, with the Long-Term Debt to Total Capital now at 84.64.

Reflecting on the efficiency of the workforce at the company, Mattel Inc. [MAT] managed to generate an average of -$8,896 per employee. Receivables Turnover for the company is 4.73 with a Total Asset Turnover recorded at a value of 0.85.Mattel Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.60.

Earnings per share (EPS) analysis for Mattel Inc. [MAT] stock

With the latest financial reports released by the company, Mattel Inc. posted -0.25/share EPS, while the average EPS was predicted by analysts to be reported at -0.4/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 37.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MAT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mattel Inc. go to 10.00%.

Mattel Inc. [MAT]: Insider Ownership positions

There are presently around $3,579 million, in the hands of institutional investors. The top three institutional holders of MAT stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 51,003,559, which is approximately -0.981% of the company’s market cap and around 0.20% of the total institutional ownership; EDGEPOINT INVESTMENT GROUP INC., holding 45,372,742 shares of the stock with an approximate value of $436.49 million in MAT stocks shares; and VANGUARD GROUP INC, currently with $316.09 million in MAT stock with ownership of nearly 1.96% of the company’s market capitalization.

Positions in Mattel Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 125 institutional holders increased their position in Mattel Inc. [NASDAQ:MAT] by around 25,915,833 shares. Additionally, 146 investors decreased positions by around 52,129,458 shares, while 76 investors held positions by with 293,960,725 shares. The mentioned changes placed institutional holdings at 372,006,016 shares, according to the latest SEC report filing. MAT stock had 36 new institutional investments in for a total of 3,778,020 shares, while 46 institutional investors sold positions of 1,730,388 shares during the same period.

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