Mattel, Inc. (MAT) Analysis & Opinions from Experts

Mattel, Inc. (NASDAQ: MAT) is 1.54% higher on its value in year-to-date trading and has touched a low of $15.36 and a high of $22.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MAT stock was last observed hovering at around $18.89 in the last trading session, with the day’s gains setting it 0.28%.

Currently trading at $19.17, the stock is 5.27% and 3.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.04 million and changing 1.48% at the moment leaves the stock -2.25% off its SMA200. MAT registered 4.70% gain for a year compared to 6-month loss of -11.25%. The firm has a 50-day simple moving average (SMA 50) of $1.49 and a 200-day simple moving average (SMA200) of $13.75.

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The stock witnessed a 4.81% gain in the last 1 month and extending the period to 3 months gives it a 2.51%, and is 3.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.84% over the week and 2.45% over the month.

Mattel, Inc. (MAT) has around Aug 21 2017 employees, a market worth around $6.77B and $5.44B in sales. Current P/E ratio is 31.67 and Fwd P/E is 12.47. Profit margin for the company is 3.94%. Distance from 52-week low is 24.80% and -15.33% from its 52-week high. The company has generated returns on investments over the last 12 months (4.52%).

Mattel, Inc. quarterly earnings per share for the current quarter are estimated at -$0.14 with sales reaching $835.28M over the same period.The EPS is expected to grow by 12.06% this year, but quarterly earnings will post 0.40% year-over-year. Quarterly sales are estimated to grow 2.50% in year-over-year returns.

Mattel, Inc. (MAT) Top Institutional Holders

473 institutions hold shares in Mattel, Inc. (MAT), with institutional investors hold 96.28% of the company’s shares. The shares outstanding are 354.40M, and float is at 350.16M with Short Float at 2.48%. Institutions hold 95.59% of the Float.

The top institutional shareholder in the company is Edgepoint Investment Group Inc. with over 45.21 million shares valued at $883.45 million. The investor’s holdings represent 12.77% of the MAT Shares outstanding. As of Jun 29, 2023, the second largest holder is Primecap Management Company with 42.11 million shares valued at $822.81 million to account for 11.89% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 34.18 million shares representing 9.65% and valued at over $667.79 million, while Blackrock Inc. holds 8.48% of the shares totaling 30.02 million with a market value of $586.6 million.

Mattel, Inc. (MAT) Insider Activity

A total of 0 insider transactions have happened at Mattel, Inc. (MAT) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by BRADLEY RICHARD TODD,the company’sDirector. SEC filings show that BRADLEY RICHARD TODD sold 12,601 shares of the company’s common stock on Aug 09 at a price of $21.37 per share for a total of $0.27 million. Following the sale, the insider now owns 12729.0 shares.

Mattel, Inc. disclosed in a document filed with the SEC on Aug 07 that Hugh Yoon J. (SVP & Corporate Controller) sold a total of 7,608 shares of the company’s common stock. The trade occurred on Aug 07 and was made at $21.25 per share for $0.16 million. Following the transaction, the insider now directly holds 8316.0 shares of the MAT stock.

Still, SEC filings show that on Aug 04, Isaias Zanatta Roberto Jacobo (EVP & Chief Supply Chain Offr) disposed off 25,000 shares at an average price of $20.36 for $0.51 million. The insider now directly holds 103,112 shares of Mattel, Inc. (MAT).

Mattel, Inc. (MAT): Who are the competitors?

Electronic Arts Inc. (EA) that is 21.51% higher over the same period.