Mattel Inc. [MAT] Revenue clocked in at $4.86 billion, up 12.55% YTD: What’s Next?

Mattel Inc. [NASDAQ: MAT] gained 0.98% on the last trading session, reaching $19.64 price per share at the time. The company report on June 22, 2021 that Mattel Introduces Crossed Signals™ to Iconic Games Portfolio.

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New Fast-Paced, Electronic Light and Sound Matching Game Now Available.

Mattel, Inc. (NASDAQ: MAT) introduced Crossed Signals, a fast-paced, electronic light and sound matching game for players age 8 years and older. Crossed Signals is the newest game to join the Mattel Games lineup, which includes UNO®, Pictionary®, Magic 8 Ball®, Rock ‘Em Sock ‘Em Robots® and more.

Mattel Inc. represents 349.04 million in outstanding shares, while the company has a total market value of $6.83 billion with the latest information. MAT stock price has been found in the range of $19.4201 to $19.79.

If compared to the average trading volume of 2.35M shares, MAT reached a trading volume of 1719895 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying 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 $24.97 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 2.10. 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.

Berenberg have made an estimate for Mattel Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 21, 2021. The new note on the price target was released on February 25, 2021, representing the official price target for Mattel Inc. stock. Previously, the target price had yet another raise to $22.50, while Citigroup analysts kept a Buy rating on MAT stock.

The Average True Range (ATR) for Mattel Inc. is set at 0.59, with the Price to Sales ratio for MAT stock in the period of the last 12 months amounting to 1.40. The Price to Book ratio for the last quarter was 14.44, with the Price to Cash per share for the same quarter was set at 1.77. Price to Free Cash Flow for MAT in the course of the last twelve months was 18.88 with Quick ratio for the last quarter at 1.40.

Trading performance analysis for MAT stock

Mattel Inc. [MAT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.31. With this latest performance, MAT shares dropped by -1.95% in over the last four-week period, additionally plugging by 10.59% over the last 6 months – not to mention a rise of 95.81% 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 40.75, with the RSI for the last a single of trading hit 38.74, and the three-weeks RSI is set at 42.92 for Mattel Inc. [MAT]. The present Moving Average for the last 50 days of trading for this stock 20.77, while it was recorded at 19.44 for the last single week of trading, and 17.58 for the last 200 days.

Mattel Inc. [MAT]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Mattel Inc. [MAT] shares currently have an operating margin of +9.02 and a Gross Margin at +47.96. Mattel Inc.’s Net Margin is presently recorded at +2.76.

Return on Total Capital for MAT is now 11.08, given the latest momentum, and Return on Invested Capital for the company is 3.46. Return on Equity for this stock inclined to 23.28, with Return on Assets sitting at 2.33. When it comes to the capital structure of this company, Mattel Inc. [MAT] has a Total Debt to Total Equity ratio set at 534.01. Additionally, MAT Total Debt to Total Capital is recorded at 84.23, with Total Debt to Total Assets ending up at 57.68. Long-Term Debt to Equity for the company is recorded at 520.51, with the Long-Term Debt to Total Capital now at 82.10.

Reflecting on the efficiency of the workforce at the company, Mattel Inc. [MAT] managed to generate an average of $3,945 per employee. Receivables Turnover for the company is 4.65 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 1.40 and a Current Ratio set at 1.90.

Mattel Inc. [MAT]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Mattel Inc. posted -0.26/share EPS, while the average EPS was predicted by analysts to be reported at -0.34/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 23.50%. 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%.

An analysis of insider ownership at Mattel Inc. [MAT]

There are presently around $6,621 million, or 97.50% 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 47,188,269, which is approximately -2.397% of the company’s market cap and around 0.30% of the total institutional ownership; EDGEPOINT INVESTMENT GROUP INC., holding 46,945,410 shares of the stock with an approximate value of $922.01 million in MAT stocks shares; and VANGUARD GROUP INC, currently with $615.66 million in MAT stock with ownership of nearly 2.224% of the company’s market capitalization.

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Positions in Mattel Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 138 institutional holders increased their position in Mattel Inc. [NASDAQ:MAT] by around 19,386,071 shares. Additionally, 139 investors decreased positions by around 15,967,291 shares, while 86 investors held positions by with 301,789,460 shares. The mentioned changes placed institutional holdings at 337,142,822 shares, according to the latest SEC report filing. MAT stock had 56 new institutional investments in for a total of 4,424,620 shares, while 45 institutional investors sold positions of 2,278,781 shares during the same period.

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