MAT’s value Change from Open was at 0.42% with a Gap of -0.45%. The company is covered by 8 Wall Street Brokerage Firms.
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Several executives took part in recent insider activity for the stock. Checchi Capital Advisers LLC increased its stake in Mattel by 4.2% in the second quarter. The S&P 500 Index is up 9.3% for the last 12 months.
07/21/2016 – Mattel, Inc. had its “buy” rating reiterated by analysts at Jefferies. 10 analysts have suggested the company is a “Hold”.
Taking the mathematical rating method, the price for Mattel, Inc. The stock did not find buyers even at the lows and closed at $31.31 recording a loss of -0.03%. 4,168,416 shares of the stock traded hands. The stock’s 50 day moving average is $33.22 and its 200-day moving average is $32.37.
With a market capitalization of $0.0, Mattel, Inc. has a P/E of 31 with a one-year low of $19.45 and a one-year high of $34.76.
Mattel (NASDAQ:MAT) last released its earnings results on Wednesday, July 20th. With an institutional ownership near 53.7%, it carries an earnings per share ratio of 0.98. Mattel had a net margin of 6.17% and a return on equity of 16.23%. The firm’s quarterly revenue was down 3.1% compared to the same quarter past year.
EPS in next five year years is expected to touch 13.15% while EPS growth in past 5 year was -10.30% along with sales growth of -0.50% in the last five years. Now the company has earned “Buy” from 5 equity analysts. This represents a $1.52 annualized dividend and a yield of 4.87%. Mattel’s dividend payout ratio (DPR) is presently 149.02%. (NASDAQ:MAT) recently. The rating firm gave a Hold rating to this stock in a research note on April 6, 2016.
Mattel, Inc. (NASDAQ:MAT) stock is now trading at about $31.24 and lots of rating firms seem to have a target price set on the stock. They now have a Dollars 34 price target on the stock. The average target stock price is $33.50 with five analysts rating the stock a strong buy, three analysts rating the stock a buy, seven analyts rating the stock a hold, 0 rating the stock to underperform, and finally 0 analystsrating the stock as sell. The company has an Average Rating of 2.52 based on analysts tracked by Thomson Reuters.
In other news, EVP Geoffrey H. Walker sold 7,128 shares of the firm’s stock in a transaction dated Tuesday, August 30th. The average volume stands around 3 million shares. The insider owns 240,746 shares as of Aug 1, 2016, now worth $7520905. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Mattel, Inc. manufactures and markets a range of toy products around the world.
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Moreover, the analyst believes the company will be boosted by a new tablet for Hot Wheels, Barbie, and American Girl Doll, Fox Business News’ Nicole Petallides reported on this morning’s “Varney and Company”. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.
