Currently, there are 330.00M common shares owned by the public and among those 327.19M shares have been available to trade.
The company’s stock has a 5-day price change of 0.25% and 6.11% over the past three months. MAT shares are trading 11.68% year to date (YTD), with the 12-month market performance down to -0.45% lower. It has a 12-month low price of $15.87 and touched a high of $22.07 over the same period. MAT has an average intraday trading volume of 3.41 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.82%, -1.01%, and 5.03% respectively.
Institutional ownership of Mattel, Inc (NASDAQ: MAT) shares accounts for 100.61% of the company’s 330.00M shares outstanding.
It has a market capitalization of $6.54B and a beta (3y monthly) value of 0.50. The stock’s trailing 12-month PE ratio is 12.42, while the earnings-per-share (ttm) stands at $1.59. The company has a PEG of 1.84 and a Quick Ratio of 2.00 with the debt-to-equity ratio at 1.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.45% over the week and 2.68% over the month.
Earnings per share for the fiscal year are expected to increase by 4.92%, and 7.58% over the next financial year.
Looking at the support for the MAT, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on February 05, 2025, with the firm’s price target at $20-$28. JP Morgan coverage for the Mattel, Inc (MAT) stock in a research note released on February 05, 2024 offered a Neutral rating with a price target of $19. Morgan Stanley was of a view on January 17, 2024 that the stock is Equal-Weight, while ROTH MKM gave the stock Neutral rating on January 04, 2024, issuing a price target of $24- $20. Citigroup on their part issued Buy rating on October 20, 2023.
