During the recent session, Mattel, Inc (NASDAQ:MAT)’s traded shares were 1.29 million, with the beta value of the company hitting 0.63. At the last check today, the stock’s price was $19.87, reflecting an intraday loss of -1.73% or -$0.35. The 52-week high for the MAT share is $22.07, that puts it down -11.07 from that peak though still a striking 29.84% gain since the share price plummeted to a 52-week low of $13.94. The company’s market capitalization is $6.42B, and the average intraday trading volume over the past 10 days was 2.82 million shares, and the average trade volume was 3.85 million shares over the past three months.
Mattel, Inc (MAT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.62. MAT has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
Mattel, Inc (NASDAQ:MAT) trade information
Mattel, Inc (MAT) registered a -1.73% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.73% in intraday trading to $19.87, hitting a weekly high. The stock’s 5-day price performance is -2.69%, and it has moved by 3.01% in 30 days. Based on these gigs, the overall price performance for the year is 12.07%. The short interest in Mattel, Inc (NASDAQ:MAT) is 9.0 million shares and it means that shorts have 2.85 day(s) to cover.
The consensus price target of analysts on Wall Street is $17, which implies a decrease of -16.88% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $17 and $17 respectively. As a result, MAT is trading at a premium of 14.44% off the target high and 14.44% off the low.
While earnings are projected to return -0.40% in 2025, the next five years will return 4.31% per annum.
MAT Dividends
Mattel, Inc is due to release its next quarterly earnings on 2025-May-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 5.17%.
Mattel, Inc (NASDAQ:MAT)’s Major holders
Mattel, Inc insiders own 0.76% of total outstanding shares while institutional holders control 102.43%, with the float percentage being 103.22%. EDGEPOINT INVESTMENT GROUP INC. is the largest shareholder of the company, while 580.0 institutions own stock in it. As of 2024-06-30, the company held over 40.55 million shares (or 11.8507% of all shares), a total value of $659.39 million in shares.
The next largest institutional holding, with 38.53 million shares, is of PRIMECAP MANAGEMENT CO/CA/’s that is approximately 11.259% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $626.47 million.
