Financial Health Check: Examining Mattel, Inc (MAT)’s Key Ratios

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Mattel, Inc (NASDAQ: MAT) closed the day trading at $18.00 up 0.33% from the previous closing price of $17.94. In other words, the price has increased by $0.33 from its previous closing price. On the day, 2.16 million shares were traded. MAT stock price reached its highest trading level at $18.085 during the session, while it also had its lowest trading level at $17.78.

Ratios:

For a better understanding of MAT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 1.14 whereas as Long-Term Debt/Eq ratio is at 1.11.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 23,662 shares of MAT for $446,999 on May 09 ’24. The President, Chief Comm Officer now owns 152,018 shares after completing the transaction at $18.89 per share. On May 10 ’24, another insider, TOTZKE STEVE, who serves as the President, Chief Comm Officer of the company, sold 4,900 shares for $18.90 each. As a result, the insider received 92,610 and left with 147,118 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 6063462400 and an Enterprise Value of 7930855936. As of this moment, Mattel,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.31, and their Forward P/E ratio for the next fiscal year is 11.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 1.481 whereas that against EBITDA is 8.451.

Stock Price History:

Over the past 52 weeks, MAT has reached a high of $20.59, while it has fallen to a 52-week low of $15.87. The 50-Day Moving Average of the stock is -4.87%, while the 200-Day Moving Average is calculated to be -3.02%.

Shares Statistics:

Over the past 3-months, MAT traded about 3.14M shares per day on average, while over the past 10 days, MAT traded about 3390260 shares per day. A total of 336.90M shares are outstanding, with a floating share count of 333.79M. Insiders hold about 0.92% of the company’s shares, while institutions hold 96.46% stake in the company. Shares short for MAT as of 1732838400 were 12942861 with a Short Ratio of 4.13, compared to 1730332800 on 13968182. Therefore, it implies a Short% of Shares Outstanding of 12942861 and a Short% of Float of 6.0700003.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 5.17.

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