Analyzing Ratios: Mattel, Inc. (MAT)’s Financial Story Unveiled

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The price of Mattel, Inc. (NASDAQ: MAT) closed at $18.80 in the last session, down -1.26% from day before closing price of $19.04. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 2.67 million shares were traded. MAT stock price reached its highest trading level at $19.14 during the session, while it also had its lowest trading level at $18.72.

Ratios:

We take a closer look at MAT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.71. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 2.49. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.28.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on February 05, 2024, Downgraded its rating to Neutral and sets its target price to $19 from $24 previously.

On January 17, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $25 to $19.

ROTH MKM Downgraded its Buy to Neutral on January 04, 2024, whereas the target price for the stock was revised from $24 to $20.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 13 ’24 when TOTZKE STEVE sold 45,216 shares for $18.90 per share. The transaction valued at 854,582 led to the insider holds 101,902 shares of the business.

TOTZKE STEVE sold 4,900 shares of MAT for $92,610 on May 10 ’24. The President, Chief Comm Officer now owns 147,118 shares after completing the transaction at $18.90 per share. On May 09 ’24, another insider, TOTZKE STEVE, who serves as the President, Chief Comm Officer of the company, sold 23,662 shares for $18.89 each. As a result, the insider received 446,999 and left with 152,018 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAT now has a Market Capitalization of 6468308992 and an Enterprise Value of 8003110912. As of this moment, Mattel,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.91, and their Forward P/E ratio for the next fiscal year is 12.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 3.19. Its current Enterprise Value per Revenue stands at 1.472 whereas that against EBITDA is 9.102.

Stock Price History:

The Beta on a monthly basis for MAT is 0.93, which has changed by -0.011046827 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, MAT has reached a high of $22.64, while it has fallen to a 52-week low of $16.20. The 50-Day Moving Average of the stock is -1.26%, while the 200-Day Moving Average is calculated to be -4.22%.

Shares Statistics:

According to the various share statistics, MAT traded on average about 2.86M shares per day over the past 3-months and 2743660 shares per day over the past 10 days. A total of 348.50M shares are outstanding, with a floating share count of 340.65M. Insiders hold about 1.00% of the company’s shares, while institutions hold 98.75% stake in the company. Shares short for MAT as of 1714435200 were 9513443 with a Short Ratio of 3.32, compared to 1711584000 on 11680445. Therefore, it implies a Short% of Shares Outstanding of 9513443 and a Short% of Float of 4.32.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 5.17. The current Payout Ratio is 0.00% for MAT, which recently paid a dividend on 2017-08-21 with an ex-dividend date of 1503273600. Stock splits for the company last occurred on 1996-03-04 when the company split stock in a 5:4 ratio.

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