Mattel, Inc. (MAT) is gearing up for another turning point as it hit the volume of 4.05 million

On Monday, Mattel, Inc. (NASDAQ: MAT) was 3.79% up from the session before settling in for the closing price of $19.00. A 52-week range for MAT has been $15.87 – $20.48.

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 4.06%. When this article was written, the company’s average yearly earnings per share was at 18.84%. With a float of $336.79 million, this company’s outstanding shares have now reached $348.50 million.

Considering the fact that the conglomerate employs 33000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 50.22%, operating margin of 12.76%, and the pretax margin is 11.06%.

Mattel, Inc. (MAT) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Mattel, Inc. stocks. The insider ownership of Mattel, Inc. is 0.92%, while institutional ownership is 99.64%. 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) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.29 earnings per share (EPS) during the time that was less than consensus figure (set at 0.31) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 18.84% per share during the next fiscal year.

Mattel, Inc. (NASDAQ: MAT) Trading Performance Indicators

You can see what Mattel, Inc. (MAT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.25. Likewise, its price to free cash flow for the trailing twelve months is 8.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.59, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.58 in one year’s time.

Technical Analysis of Mattel, Inc. (MAT)

Compared to the last year’s volume of 3.15 million, its volume of 3.81 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.97%. Additionally, its Average True Range was 0.49.

During the past 100 days, Mattel, Inc.’s (MAT) raw stochastic average was set at 97.96%, which indicates a significant increase from 96.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.33% in the past 14 days, which was lower than the 38.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.99, while its 200-day Moving Average is $18.54. Nevertheless, the first resistance level for the watch stands at $20.01 in the near term. At $20.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.83. If the price goes on to break the first support level at $19.20, it is likely to go to the next support level at $18.68. Should the price break the second support level, the third support level stands at $18.38.

Mattel, Inc. (NASDAQ: MAT) Key Stats

There are 344,100K outstanding shares of the company, which has a market capitalization of 6.70 billion. As of now, sales total 5,441 M while income totals 214,350 K. Its latest quarter income was 1,844 M while its last quarter net income were 372,400 K.