Mattel, Inc. (MAT)’s Market Momentum: Closing Strong at 17.62, Down -0.34

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

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

As of close of business last night, Mattel, Inc.’s stock clocked out at $17.62, down -0.34% from its previous closing price of $17.68. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 2.16 million shares were traded. MAT stock price reached its highest trading level at $17.715 during the session, while it also had its lowest trading level at $17.31.

Ratios:

To gain a deeper understanding of MAT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.29. 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:

Investing in insider trades can also provide an investor with insight into how management views future 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 6062320128 and an Enterprise Value of 7597072896. As of this moment, Mattel,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.47, and their Forward P/E ratio for the next fiscal year is 11.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 2.99. Its current Enterprise Value per Revenue stands at 1.398 whereas that against EBITDA is 8.64.

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 $16.20. The 50-Day Moving Average of the stock is -5.14%, while the 200-Day Moving Average is calculated to be -9.18%.

Shares Statistics:

It appears that MAT traded 2.87M shares on average per day over the past three months and 3011930 shares per day over the past ten days. A total of 348.50M shares are outstanding, with a floating share count of 340.79M. Insiders hold about 0.96% of the company’s shares, while institutions hold 97.38% stake in the company. Shares short for MAT as of 1715731200 were 11339212 with a Short Ratio of 3.95, compared to 1713139200 on 10979710. Therefore, it implies a Short% of Shares Outstanding of 11339212 and a Short% of Float of 5.140000000000001.

Dividends & Splits

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

Most Popular