The Mattel Inc. (NASDAQ:MAT) is going up by 0.53% in today’s trading session, a rise equivalent to 0.05% of the stock’s price from yesterday’s market close. A news came out on 10/18/19 stating that Mattel Films, Daniel Kaluuya’s 59% and Valparaiso Pictures Announce Plans to Bring “Barney” to the Big Screen by WSJ. The lowest point that the shares touched during the trading session was $11.01, while the peak of the day was recorded at a share price of $11.38. MAT finished the previous session at $11.23 according to the data provided by Barchart, while the trading volume was observed to be $906646.
In the 100 days of trading, MAT managed to top a 11.31% Moving average. Additionally, Mattel Inc. shares have achieved a 52-week range between 9.06 and 17.26 alongside 100 days raw stochastic set at 39.58%.
The number of shares outstanding, according to the fundamentals of the company, is set at 345.94M, equal to the value of $3.88B in market capitalization. In the last 30 days, Mattel Inc. shares went down by -4.75%, adding 11.89 to growth in value, on top of a +9.16% boost since 09/20/19.
Mattel Inc. (NASDAQ:MAT) Analyst’s Estimates
Mattel Inc. (MAT) could record at least $0.16 per share in quarterly earnings in the upcoming report on 10/29/2019, a number that would actually represent an increase of 0.15 YOY.
According to the average analyst rating, Mattel Inc. would be rated as Hold. Out of 16 different analysts monitoring MAT stock, 4 analysts rate the stock as a BUY, 11 suggest to give the rating of HOLD, 0 indicate that MAT is an OVERWEIGHT, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On June 19, 2018, the stock earned a Downgrade rating due to a new analyst call from UBS, while analysts from Jefferies believe that the stock is set at Hold from Underperform, as concluded on April 11, 2018. Jefferies, is still rather wary about the stock, deciding to keep the rating at Underperform as confirmed through a call on February 26, 2018.
Regardless of the rating, Citigroup did increase their price from $19 to $20 as they are considering target share price analysis. B. Riley FBR Inc., on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on December 21, 2017, giving the stock a Neutral rating.
MAT Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +39.24% has been attained, while the operating margin has been recorded at -2.61%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -9.25%. Beta value of the stock is recorded at 1.67. Additionally, Mattel Inc. is recording price volatility of 3.82% for the period of the last seven days and 4.11% in the last 30 days.
Mattel Inc. (NASDAQ:MAT) Technical Outlook
For the period of the last 50 days, Mattel Inc. had its Raw Stochastic average set at 66.67% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 62.71%. Stochastic %K for Mattel Inc., with the last 20 days included, was set at 56.22%, having Stochastic %D topping 59.62%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Mattel Inc. stocks with recording 12.36% in metrics.
Mattel Inc. Insider Watch:
Similarly, 127.79% of the company’s float is held by institutions – and there are 547 institutions in total holding shares of this company. The top three institutional holders of MAT stocks are: Primecap Management Company with ownership of $580.38 million, which is approximately 51773109 of the company’s shares; Dodge & Cox Inc, holding 38301917 shares of the stock with an approximate value of $429.36 million; and Blackrock Inc., currently with more than 37850491 shares of the company valued at $424.3 million. Positions in Mattel Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 15 insider purchases amounting to 708361 shares. Similarly, there were 3 sale transactions amounting to 740490 shares, with the net shares purchased during the last six months reaching -32,129.