Investing In Mattel, Inc. (NASDAQ: MAT): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed Mattel Announces 2024 Virtual Investor Presentation.

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Stocks Info

The company is listed on the NASDAQ and operates within the Leisure industry segment. At the end of the last regular session, the stock closed at $19.66 and fluctuated between $19.71 as its day high and $19.29 as its day low. The current market capitalization of Mattel, Inc. is $6.94B. A total of 3.61 million shares were traded on the day, compared to an average of 2.92M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, MAT has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 31 BUYs and 32 SELLs from insiders. Insiders purchased 408,051 shares during that period but sold 385,903.

In the most recent transaction, BRADLEY RICHARD TODD sold 12,601 shares of MAT for 21.37 per share on Aug 09. After the transaction, the Director now owns 12,729 company shares. In a previous transaction on Aug 07, Hugh Yoon J. sold 7,608 shares at 21.25 per share. MAT shares that SVP & Corporate Controller owns now total 8,316.

Among the insiders who sold shares, Isaias Zanatta Roberto Jacobo disposed of 25,000 shares on Aug 04 at a per-share price of $20.36. This resulted in the EVP & Chief Supply Chain Offr holding 103,112 shares of MAT after the transaction. In another insider transaction, Hugh Yoon J. sold 9,791 shares at $21.25 per share on Aug 03. Company shares held by the SVP & Corporate Controller now total 15,924.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for MAT in the last 3 months, the mean price target is $22.36 with high estimates of $26.00 and low estimates of $19.00. In terms of 52-week highs and lows, MAT has a high of $22.64 and a low of $15.36.

As of this writing, MAT has an earnings estimate of -$0.13 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.19. The company reported an EPS of $1.08 in the last quarter, which was 25.60% higher than expectations of $0.86.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MAT’s latest balance sheet shows that the firm has $731.36M in Cash & Short Term Investments as of fiscal 2021. There were $2.93B in debt and $1.60B in liabilities at the time. Its Book Value Per Share was $5.76, while its Total Shareholder’s Equity was $1.57B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MAT is Buy with a score of 4.27.

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