Mattel Inc. [NASDAQ: MAT] closed the trading session at $16.93 on 03/27/23. The day’s price range saw the stock hit a low of $16.585, while the highest price level was $17.085. The company report on March 7, 2023 that Barbie® Celebrates International Women’s Day by Encouraging More Girls to See Themselves in STEM.
Barbie recognizes seven female leaders in STEM from across the globe as part of the brand’s long-term commitment to helping girls realize their limitless potential.
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Mattel, Inc. (NASDAQ: MAT) announced today that Barbie is celebrating International Women’s Day by honoring over half a dozen women worldwide who are leaders in STEM with one-of-a-kind role model dolls made in their likeness. Barbie knows that seeing is believing – and access to successful female role models in STEM is essential for children to build and maintain an interest in the industry.
The stocks have a year to date performance of -5.10 percent and weekly performance of 3.61 percent. The stock has been moved at -14.92 percent over the last six months. The stock has performed -7.23 percent around the most recent 30 days and changed 1.07 percent over the most recent 3-months.
If compared to the average trading volume of 3.17M shares, MAT reached to a volume of 5140309 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $22.90 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 1.90. 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.
Goldman have made an estimate for Mattel Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 01, 2023. While these analysts kept the previous recommendation, Stifel dropped their target price from $29 to $26. The new note on the price target was released on January 03, 2023, representing the official price target for Mattel Inc. stock. Previously, the target price had yet another raise from $30 to $31, while Goldman kept a Buy rating on MAT stock. On February 24, 2022, analysts increased their price target for MAT shares from 27 to 33.
The Average True Range (ATR) for Mattel Inc. is set at 0.57, with the Price to Sales ratio for MAT stock in the period of the last 12 months amounting to 1.10. The Price to Book ratio for the last quarter was 2.92, with the Price to Cash per share for the same quarter was set at 2.15. Price to Free Cash Flow for MAT in the course of the last twelve months was 16.52 with Quick ratio for the last quarter at 1.50.
MAT stock trade performance evaluation
Mattel Inc. [MAT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.61. With this latest performance, MAT shares dropped by -7.23% in over the last four-week period, additionally sinking by -14.92% over the last 6 months – not to mention a drop of -27.12% 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 45.99, with the RSI for the last a single of trading hit 51.78, and the three-weeks RSI is set at 44.25 for Mattel Inc. [MAT]. The present Moving Average for the last 50 days of trading for this stock 18.52, while it was recorded at 16.47 for the last single week of trading, and 19.98 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 +12.57 and a Gross Margin at +44.67. Mattel Inc.’s Net Margin is presently recorded at +7.25.
Return on Total Capital for MAT is now 14.81, given the latest momentum, and Return on Invested Capital for the company is 8.68. Return on Equity for this stock inclined to 21.73, with Return on Assets sitting at 6.27. When it comes to the capital structure of this company, Mattel Inc. [MAT] has a Total Debt to Total Equity ratio set at 129.96. Additionally, MAT Total Debt to Total Capital is recorded at 56.51, with Total Debt to Total Assets ending up at 43.26. Long-Term Debt to Equity for the company is recorded at 126.30, with the Long-Term Debt to Total Capital now at 54.92.
Reflecting on the efficiency of the workforce at the company, Mattel Inc. [MAT] managed to generate an average of $11,620 per employee. Receivables Turnover for the company is 5.62 with a Total Asset Turnover recorded at a value of 0.86.Mattel Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 2.30.
Earnings per share (EPS) analysis for Mattel Inc. [MAT] stock
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 10.70%.
Mattel Inc. [MAT]: Insider Ownership positions
There are presently around $5,708 million, or 99.80% 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 44,345,839, which is approximately -0.769% of the company’s market cap and around 0.30% of the total institutional ownership; EDGEPOINT INVESTMENT GROUP INC., holding 44,196,480 shares of the stock with an approximate value of $719.52 million in MAT stocks shares; and VANGUARD GROUP INC, currently with $560.65 million in MAT stock with ownership of nearly 4.132% of the company’s market capitalization.
Positions in Mattel Inc. stocks held by institutional investors increased at the end of Wednesday and at the time of the Wednesday reporting period, where 161 institutional holders increased their position in Mattel Inc. [NASDAQ:MAT] by around 33,856,449 shares. Additionally, 176 investors decreased positions by around 29,986,108 shares, while 88 investors held positions by with 286,777,426 shares. The mentioned changes placed institutional holdings at 350,619,983 shares, according to the latest SEC report filing. MAT stock had 53 new institutional investments in for a total of 2,139,528 shares, while 65 institutional investors sold positions of 4,693,296 shares during the same period.