A new trading day began on Friday, with Mattel, Inc. (NASDAQ: MAT) stock price remained unchanged from the previous day of trading, before settling in for the closing price of $19.04. MAT’s price has ranged from $15.87 to $22.30 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 4.06% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 16.21%. With a float of $336.79 million, this company’s outstanding shares have now reached $348.50 million.
In an organization with 33000 employees, it is important to assess its efficiency.
Mattel, Inc. (MAT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Leisure Industry. The insider ownership of Mattel, Inc. is 0.92%, while institutional ownership is 99.65%. The most recent insider transaction that took place on May 13 ’24, was worth 854,582. In this transaction President, Chief Comm Officer of this company sold 45,216 shares at a rate of $18.90, taking the stock ownership to the 101,902 shares. Before that another transaction happened on May 09 ’24, when Company’s President, Chief Comm Officer sold 23,662 for $18.89, making the entire transaction worth $446,999. This insider now owns 152,018 shares in total.
Mattel, Inc. (MAT) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.21% per share during the next fiscal year.
Mattel, Inc. (NASDAQ: MAT) Trading Performance Indicators
Here are Mattel, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 7.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.91, a number that is poised to hit 0.94 in the next quarter and is forecasted to reach 1.55 in one year’s time.
Technical Analysis of Mattel, Inc. (MAT)
Let’s dig in a bit further. During the last 5-days, its volume was 1.92 million. That was inferior than the volume of 3.23 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.93%. Additionally, its Average True Range was 0.44.
During the past 100 days, Mattel, Inc.’s (MAT) raw stochastic average was set at 80.66%, which indicates a significant increase from 57.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.92% in the past 14 days, which was lower than the 37.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.92, while its 200-day Moving Average is $18.52. However, in the short run, Mattel, Inc.’s stock first resistance to watch stands at $19.26. Second resistance stands at $19.48. The third major resistance level sits at $19.68. If the price goes on to break the first support level at $18.84, it is likely to go to the next support level at $18.64. The third support level lies at $18.42 if the price breaches the second support level.
Mattel, Inc. (NASDAQ: MAT) Key Stats
With a market capitalization of 6.47 billion, the company has a total of 344,100K Shares Outstanding. Currently, annual sales are 5,441 M while annual income is 214,350 K. The company’s previous quarter sales were 1,080 M while its latest quarter income was 56,860 K.
