Mattel Inc. (NASDAQ:MAT) went up by 3.89% from its latest closing price compared to the recent 1-year high of $23.31. The company’s stock price has collected -3.51% of loss in the last five trading sessions. Press Release reported 10 hours ago that Creatd Completes Acquisition of Controlling Stake in Influencer Talent Management Agency, WHE
Is It Worth Investing in Mattel Inc. (NASDAQ :MAT) Right Now?
Mattel Inc. (NASDAQ:MAT) scored a price-to-earnings ratio above its average ratio, recording 31.03 x from its present earnings ratio. Plus, the 36-month beta value for MAT is at 1.50. Opinions of the stock are interesting as 10 analysts out of 16 who provided ratings for Mattel Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $25.11, which is $5.45 above the current price. MAT currently public float of 347.43M and currently shorts hold a 4.30% ratio of that float. Today, the average trading volume of MAT was 2.45M shares.
MAT’s Market Performance
MAT stocks went down by -3.51% for the week, with a monthly jump of 0.62% and a quarterly performance of -4.64%, while its annual performance rate touched 83.46%. The volatility ratio for the week stands at 3.48% while the volatility levels for the past 30 days are set at 2.49% for Mattel Inc.. The simple moving average for the period of the last 20 days is -1.59% for MAT stocks with a simple moving average of 6.61% for the last 200 days.
Analysts’ Opinion of MAT
Many brokerage firms have already submitted their reports for MAT stocks, with Berenberg repeating the rating for MAT by listing it as a “Buy.” The predicted price for MAT in the upcoming period, according to Berenberg is $25 based on the research report published on April 21st of the current year 2021.
Monness Crespi & Hardt, on the other hand, stated in their research note that they expect to see MAT reach a price target of $26. The rating they have provided for MAT stocks is “Buy” according to the report published on February 25th, 2021.
Citigroup gave a rating of “Buy” to MAT, setting the target price at $22.50 in the report published on February 24th of the current year.
MAT Trading at -3.84% from the 50-Day Moving Average
After a stumble in the market that brought MAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.26% of loss for the given period.
Volatility was left at 2.49%, however, over the last 30 days, the volatility rate increased by 3.48%, as shares surge +0.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.66% lower at present.
During the last 5 trading sessions, MAT fell by -3.51%, which changed the moving average for the period of 200-days by +63.76% in comparison to the 20-day moving average, which settled at $19.84. In addition, Mattel Inc. saw 11.86% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MAT
Equity return is now at value 56.90, with 4.20 for asset returns.