After finishing at $19.89 in the prior trading day, Mattel, Inc. (NASDAQ: MAT) closed at $19.54, down -1.76%. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 2508433 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
Our goal is to gain a better understanding of MAT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.73. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.20.
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 Aug 09 ’23 when BRADLEY RICHARD TODD sold 12,601 shares for $21.37 per share. The transaction valued at 269,283 led to the insider holds 12,729 shares of the business.
Hugh Yoon J. sold 7,608 shares of MAT for $161,670 on Aug 07 ’23. The SVP & Corporate Controller now owns 8,316 shares after completing the transaction at $21.25 per share. On Aug 04 ’23, another insider, Isaias Zanatta Roberto Jacobo, who serves as the EVP & Chief Supply Chain Offr of the company, sold 25,000 shares for $20.36 each. As a result, the insider received 509,050 and left with 103,112 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 6.73B and an Enterprise Value of 8.05B. As of this moment, Mattel,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.45, and their Forward P/E ratio for the next fiscal year is 12.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 1.48 whereas that against EBITDA is 10.51.
Stock Price History:
Over the past 52 weeks, MAT has reached a high of $22.64, while it has fallen to a 52-week low of $16.00. The 50-Day Moving Average of the stock is 18.93, while the 200-Day Moving Average is calculated to be 19.80.
Shares Statistics:
The stock has traded on average 3.06M shares per day over the past 3-months and 3.7M shares per day over the last 10 days, according to various share statistics. A total of 353.23M shares are outstanding, with a floating share count of 349.84M. Insiders hold about 0.96% of the company’s shares, while institutions hold 95.89% stake in the company. Shares short for MAT as of Feb 29, 2024 were 9.04M with a Short Ratio of 2.95, compared to 8.67M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.56% and a Short% of Float of 3.45%.
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 Sep 15, 2017 with an ex-dividend date of Aug 21, 2017. Stock splits for the company last occurred on Mar 04, 1996 when the company split stock in a 5:4 ratio.
Earnings Estimates
Its stock is currently analyzed by 11 different market analysts. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.19, while EPS last year was -$0.24. The consensus estimate for the next quarter is $0.18, with high estimates of $0.25 and low estimates of $0.12.
Analysts are recommending an EPS of between $1.45 and $1.3 for the fiscal current year, implying an average EPS of $1.39. EPS for the following year is $1.54, with 13 analysts recommending between $1.67 and $1.43.
Revenue Estimates
10 analysts predict $833.04M in revenue for the current quarter. It ranges from a high estimate of $891.13M to a low estimate of $759.2M. As of the current estimate, Mattel, Inc.’s year-ago sales were $814.6M, an estimated increase of 2.30% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $1.11B, an increase of 10.50% over than the figure of $2.30% in the same quarter last year. There is a high estimate of $1.16B for the next quarter, whereas the lowest estimate is $1.06B.
A total of 13 analysts have provided revenue estimates for MAT’s current fiscal year. The highest revenue estimate was $5.5B, while the lowest revenue estimate was $5.35B, resulting in an average revenue estimate of $5.43B. In the same quarter a year ago, actual revenue was $5.44B, down -0.20% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $5.61B in the next fiscal year. The high estimate is $5.72B and the low estimate is $5.51B. The average revenue growth estimate for next year is up 3.20% from the average revenue estimate for this year.
