The price of Mattel Inc. (NASDAQ:MAT) shares last traded on Wall Street fell -1.35% to $21.27.
Based on available information, 13 analysts follow Mattel Inc. (NASDAQ:MAT). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $26.00 and a low of $21.00, we find $25.00. Given the previous closing price of $21.56, this indicates a potential upside of 15.96 percent. MAT stock price is now 4.02% away from the 50-day moving average and 13.99% away from the 200-day moving average. The market capitalization of the company currently stands at $7.56B.
Among analysts, 2 rate the stock a hold while 10 rate it a buy. Brokers who have rated the stock have averaged $24.50 as their price target over the next twelve months.
In other news, BRADLEY RICHARD TODD, Director sold 12,601 shares of the company’s stock on Aug 09. The stock was sold for $269,283 at an average price of $21.37. Upon completion of the transaction, the Director now directly owns 12,729 shares in the company, valued at $0.27 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 07, SVP & Corporate Controller Hugh Yoon J. sold 7,608 shares of the business’s stock. A total of $161,670 was realized by selling the stock at an average price of $21.25. This leaves the insider owning 8,316 shares of the company worth $0.18 million. Insiders disposed of 885,539 shares of company stock worth roughly $18.84 million over the past 1 year. A total of 0.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in MAT stock. A new stake in Mattel Inc. shares was purchased by EVR RESEARCH LP during the first quarter worth $4,467,000. TUDOR INVESTMENT CORP ET AL invested $3,278,000 in shares of MAT during the first quarter. In the first quarter, NOMURA HOLDINGS INC acquired a new stake in Mattel Inc. valued at approximately $1,736,000. B. METZLER SEEL. SOHN & CO. AG acquired a new stake in MAT for approximately $1,540,000. PACER ADVISORS, INC. purchased a new stake in MAT valued at around $1,321,000 in the second quarter. In total, there are 437 active investors with 99.80% ownership of the company’s stock.
A candlestick chart of Mattel Inc. (NASDAQ: MAT) showed a price of $21.60 on Thursday morning. During the past 12 months, Mattel Inc. has had a low of $15.36 and a high of $24.20. As of last week, the company has a debt-to-equity ratio of 1.19, a current ratio of 2.40, and a quick ratio of 1.40. According to the stock market information, the enterprise value for the company is $9.88B, which is based on a 33.98 price-to-earnings ratio, a 3.58 price-to-earnings-growth ratio, and a beta of 1.20. The fifty day moving average price for MAT is $20.49 and a two-hundred day moving average price translates $18.68 for the stock.
The latest earnings results from Mattel Inc. (NASDAQ: MAT) was released for Jun, 2023. According to the Leisure Company, earnings per share came in at $0.1, beating analysts’ expectations of -$0.02 by 0.12. This compares to $0.18 EPS in the same period last year. The net profit margin was 4.50% and return on equity was 11.40% for MAT. The company reported revenue of $1.09 billion for the quarter, compared to $1.24 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.02 percent. For the current quarter, analysts expect MAT to generate $1.84B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 09/15/2017. Investors who held shares on 08/23/2017 were paid a $0.15 dividend.
Mattel Inc.(MAT) Company Profile
Mattel, Inc., a children’s and family entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, Monster High, American Girl, Disney Princess and Frozen, and Polly Pocket brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids of all ages, and collectors under the Hot Wheels, Monster Trucks, Matchbox, CARS, and Mario Kart brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, and Power wheels brands. The company also provides action figures, building sets, and games under the Masters of the Universe, MEGA, UNO, Lightyear, Jurassic World, WWE, and Star Wars brands; and licensor partner brands, including Disney, Pixar, Microsoft, NBCUniversal, and WWE. It sells its products directly to consumers through its catalog, website, and proprietary retail stores; retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; and wholesalers, as well as through agents and distributors. Mattel, Inc. was founded in 1945 and is headquartered in El Segundo, California.
