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The closing price of Mattel, Inc. (NASDAQ: MAT) was $18.08 for the day, down -1.31% from the previous closing price of $18.32. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 2.95 million shares were traded. MAT stock price reached its highest trading level at $18.36 during the session, while it also had its lowest trading level at $17.92.
Ratios:
Our analysis of MAT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.77. 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 1.28 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 6220587008 and an Enterprise Value of 7729052160. As of this moment, Mattel,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.04, and their Forward P/E ratio for the next fiscal year is 11.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 2.93. Its current Enterprise Value per Revenue stands at 1.422 whereas that against EBITDA is 8.628.
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 -5.95%, while the 200-Day Moving Average is calculated to be -8.48%.
Shares Statistics:
MAT traded an average of 3.18M shares per day over the past three months and 3538130 shares per day over the past ten days. A total of 348.50M shares are outstanding, with a floating share count of 340.76M. Insiders hold about 0.96% of the company’s shares, while institutions hold 98.10% stake in the company. Shares short for MAT as of 1713139200 were 10979710 with a Short Ratio of 3.45, compared to 1710460800 on 9011923. Therefore, it implies a Short% of Shares Outstanding of 10979710 and a Short% of Float of 4.9799999999999995.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.17.
