Mattel Inc. [NASDAQ: MAT] price plunged by -2.07 percent to reach at -$0.39. The company report on February 10, 2021 that Mattel Reports Fourth Quarter and Full Year 2020 Financial Results.
Fourth Quarter 2020 Highlights.
Net Sales of $1,626 million, up 10% as reported, and in constant currency, versus prior year.
A sum of 6727319 shares traded at recent session while its average daily volume was at 2.81M shares. Mattel Inc. shares reached a high of $19.0268 and dropped to a low of $17.5535 until finishing in the latest session at $18.47.
The one-year MAT stock forecast points to a potential downside of -1.99. The average equity rating for MAT stock is currently 2.50, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $18.11 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 2.50. 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.
Citigroup have made an estimate for Mattel Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 09, 2020. The new note on the price target was released on November 09, 2020, representing the official price target for Mattel Inc. stock. Previously, the target price had yet another raise from $12 to $18, while UBS kept a Buy rating on MAT stock.
The Average True Range (ATR) for Mattel Inc. is set at 0.61, with the Price to Sales ratio for MAT stock in the period of the last 12 months amounting to 1.45. The Price to Book ratio for the last quarter was 15.92, with the Price to Cash per share for the same quarter was set at 1.30. Price to Free Cash Flow for MAT in the course of the last twelve months was 31.37 with Quick ratio for the last quarter at 1.20.
MAT Stock Performance Analysis:
Mattel Inc. [MAT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.54. With this latest performance, MAT shares gained by 0.27% in over the last four-week period, additionally plugging by 60.89% over the last 6 months – not to mention a rise of 29.25% 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 55.79, with the RSI for the last a single of trading hit 52.99, and the three-weeks RSI is set at 58.20 for Mattel Inc. [MAT]. The present Moving Average for the last 50 days of trading for this stock 17.61, while it was recorded at 18.57 for the last single week of trading, and 12.83 for the last 200 days.
Insight into Mattel Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Mattel Inc. [MAT] shares currently have an operating margin of +2.64 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 3.31, 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 1.20 and a Current Ratio set at 1.60.
MAT Stock EPS
With the latest financial reports released by the company, Mattel Inc. posted -0.56/share EPS, while the average EPS was predicted by analysts to be reported at -0.41/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -36.60%. 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 Position Details
There are presently around $6,520 million, or 99.25% of MAT stock, in the hands of institutional investors. The top three institutional holders of MAT stocks are: PRIMECAP MANAGEMENT CO/CA/ with ownership of 48,346,949, which is approximately 0.366% of the company’s market cap and around 0.10% of the total institutional ownership; EDGEPOINT INVESTMENT GROUP INC., holding 47,348,075 shares of the stock with an approximate value of $874.52 million in MAT stocks shares; and VANGUARD GROUP INC, currently with $559.83 million in MAT stock with ownership of nearly -5.622% of the company’s market capitalization.
Positions in Mattel Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 126 institutional holders increased their position in Mattel Inc. [NASDAQ:MAT] by around 25,668,946 shares. Additionally, 130 investors decreased positions by around 22,760,512 shares, while 83 investors held positions by with 304,573,795 shares. The mentioned changes placed institutional holdings at 353,003,253 shares, according to the latest SEC report filing. MAT stock had 47 new institutional investments in for a total of 6,410,958 shares, while 36 institutional investors sold positions of 1,394,700 shares during the same period.