Mattel Inc. [MAT] Stock trading around $21.55 per share: What’s Next?

Mattel Inc. [NASDAQ: MAT] loss -3.36% on the last trading session, reaching $21.55 price per share at the time. The company report on September 6, 2023 at 12:00 PM that American Girl Celebrates Grand Opening of Its Newest Los Angeles Flagship Store at Westfield Century City.

New retail location ‘dolls up’ premium shopping center with all-new look, full-service dining, signature salon services, and more.

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American Girl, known for helping kids grow up with courage, confidence, and strength of character and a cornerstone in the Mattel (NASDAQ: MAT) portfolio of purposeful brands, is proud to announce the grand opening of its newest retail location at LA’s premier shopping destination, Westfield Century City. Kicking things off at 10 a.m. on Saturday, September 9, American Girl fans of all ages can enjoy a day to remember at this newly imagined flagship store, featuring the full assortment of American Girl’s signature dolls and accessories, along with the brand’s popular doll-and-girl fashions and award-winning books. In addition to carrying all the American Girl favorites, the two-level store features several enhancements, including an all-new retail concept and reimagined full-service restaurant with private party options, plus the signature Dolled Up Salon for dolls and girls.

Mattel Inc. represents 354.58 million in outstanding shares, while the company has a total market value of $7.58 billion with the latest information. MAT stock price has been found in the range of $21.035 to $22.28.

If compared to the average trading volume of 3.34M shares, MAT reached a trading volume of 6080898 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 $24.44 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 1.70. 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.

The Average True Range (ATR) for Mattel Inc. is set at 0.53, with the Price to Sales ratio for MAT stock in the period of the last 12 months amounting to 1.50. The Price to Book ratio for the last quarter was 3.90, with the Price to Cash per share for the same quarter was set at 0.85. Price to Free Cash Flow for MAT in the course of the last twelve months was 21.00 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 -2.71. With this latest performance, MAT shares gained by 0.56% in over the last four-week period, additionally plugging by 22.44% over the last 6 months – not to mention a drop of -2.62% 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 50.35, with the RSI for the last a single of trading hit 44.89, and the three-weeks RSI is set at 53.18 for Mattel Inc. [MAT]. The present Moving Average for the last 50 days of trading for this stock 21.18, while it was recorded at 22.12 for the last single week of trading, and 18.89 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 +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 1.40 and a Current Ratio set at 2.40.

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

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 9.50%.

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

The top three institutional holders of MAT stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in MAT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in MAT stock with ownership which is approximately 5.7381%.

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