Mattel, Inc (NASDAQ:MAT)’s traded shares stood at 5.72 million during the latest session, with the company’s beta value hitting 0.63. At the last check today, the stock’s price was $17.75, to imply a decrease of -12.10% or -$2.45 in intraday trading. The MAT share’s 52-week high remains $22.07, putting it -24.34% down since that peak but still an impressive 21.46% since price per share fell to its 52-week low of $13.94. The company has a valuation of $5.73B, with an average of 3.71 million shares in intraday trading volume over the past 10 days and average of 3.70 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Mattel, Inc (MAT), translating to a mean rating of 1.62. Of 6 analyst(s) looking at the stock, 0 analyst(s) give MAT a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 5 recommend it as a Buy.
Mattel, Inc (NASDAQ:MAT) trade information
After registering a -12.10% downside in the latest session, Mattel, Inc (MAT) has traded red over the past five days. The 5-day price performance for the stock is -8.90%, and -8.76% over 30 days. With these gigs, the year-to-date price performance is -4.95%. Short interest in Mattel, Inc (NASDAQ:MAT) saw shorts transact 6.2 million shares and set a 2.2 days time to cover.
The extremes give us $17 and $22 for target low and target high price respectively. As such, MAT has been trading -23.94% off suggested target high and 4.23% from its likely low.
MAT Dividends
Mattel, Inc has its next earnings report out on 2025-May-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 5.17%.
Mattel, Inc (NASDAQ:MAT)’s Major holders
Mattel, Inc insiders hold 0.76% of total outstanding shares, with institutional holders owning 101.70% of the shares at 102.48% float percentage. In total, 101.70% institutions holds shares in the company, led by EDGEPOINT INVESTMENT GROUP INC.. As of 2024-06-30, the company held over 40.55 million shares (or 11.8507% of shares), all amounting to roughly $659.39 million.
The next major institution holding the largest number of shares is PRIMECAP MANAGEMENT CO/CA/ with 38.53 million shares, or about 11.259% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $626.47 million.
