The stock of Mattel, Inc (MAT) has gone up by 1.92% for the week, with a 4.44% rise in the past month and a 9.01% rise in the past quarter. The volatility ratio for the week is 2.68%, and the volatility levels for the past 30 days are 2.53% for MAT. The simple moving average for the past 20 days is 5.25% for MAT’s stock, with a 8.61% simple moving average for the past 200 days.
Is It Worth Investing in Mattel, Inc (NASDAQ: MAT) Right Now?
The price-to-earnings ratio for Mattel, Inc (NASDAQ: MAT) is 12.70x, which is above its average ratio. Moreover, the 36-month beta value for MAT is 0.79. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 9 as “hold,” and 0 as “sell.”
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The public float for MAT is 333.81M and currently, short sellers hold a 3.67% of that float. On November 06, 2024, MAT’s average trading volume was 2.42M shares.
MAT) stock’s latest price update
Mattel, Inc (NASDAQ: MAT) has seen a rise in its stock price by 1.00 in relation to its previous close of 20.01. However, the company has experienced a 1.92% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-31 that BEDMINSTER, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) — Matinas BioPharma Holdings, Inc. (NYSE American: MTNB) announces that negotiations under the previously disclosed non-binding term sheet regarding global rights to MAT2203, its oral formulation of amphotericin B, have been terminated following notification from the prospective partner. As a result, Matinas has implemented an 80% workforce reduction effective immediately, eliminating 15 positions including three members of senior management, and has ceased all product development activities to conserve cash.
Analysts’ Opinion of MAT
Many brokerage firms have already submitted their reports for MAT stocks, with JP Morgan repeating the rating for MAT by listing it as a “Neutral.” The predicted price for MAT in the upcoming period, according to JP Morgan is $19 based on the research report published on February 05, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see MAT reach a price target of $19, previously predicting the price at $25. The rating they have provided for MAT stocks is “Equal-Weight” according to the report published on January 17th, 2024.
ROTH MKM gave a rating of “Neutral” to MAT, setting the target price at $20 in the report published on January 04th of the current year.
MAT Trading at 5.88% 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 -1.87% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares surge +4.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.43% upper at present.
During the last 5 trading sessions, MAT rose by +1.92%, which changed the moving average for the period of 200-days by +13.60% in comparison to the 20-day moving average, which settled at $19.20. In addition, Mattel, Inc saw 7.04% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MAT starting from TOTZKE STEVE, who sale 45,216 shares at the price of $18.90 back on May 13 ’24. After this action, TOTZKE STEVE now owns 101,902 shares of Mattel, Inc, valued at $854,582 using the latest closing price.
TOTZKE STEVE, the President, Chief Comm Officer of Mattel, Inc, sale 23,662 shares at $18.89 during a trade that took place back on May 09 ’24, which means that TOTZKE STEVE is holding 152,018 shares at $446,999 based on the most recent closing price.
Stock Fundamentals for MAT
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.5 for the gross margin
The net margin for Mattel, Inc stands at 0.1. The total capital return value is set at 0.13. Equity return is now at value 25.22, with 8.59 for asset returns.
Based on Mattel, Inc (MAT), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 1.04. The interest coverage ratio of the stock is 5.71.
Currently, EBITDA for the company is 760.15 million with net debt to EBITDA at 1.85. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 3.62for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.45.
Conclusion
To wrap up, the performance of Mattel, Inc (MAT) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
