Economy

Mattel, Inc. (NASDAQ:MAT) Analysts See 13.2%

Mattel, Inc. (NASDAQ:MAT) Analysts See 13.2%

Mattel, Inc. (MAT) received interesting focus from Active Investors and it has been trading on front line as comparing to it past average volume. (NASDAQ:MAT) will announce $1.82 billion in sales for the current quarter, according to Zacks. The High end of the Estimate is $2.01 Billion, while the Low end of the Estimate is $1.67 Billion. The firm is expected to report its next earnings results on Wednesday, January 24th. Firm's net income measured an average growth rate of 14.20%. For the next financial year, analysts forecast that the business will report sales of $5.19 billion per share, with estimates ranging from $4.87 billion to $5.52 billion.

Mattel Inc. has a 12 month low of $23.85 and a 12 month high of $34.76.

Publicly-traded company Mattel, Inc.

For the current quarter, 12 analysts are projecting a mean EPS of $0.56/share. 2 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. During the same period a year ago, the business posted $0.70 earnings per share. Jefferies Group LLC set a $13.00 price objective on shares of Mattel and gave the company a "hold" rating in a report on Sunday, October 29th. It has been assigned a low target price of $10 and a high target price of $22. Sell-side analyst recommendations point to a short term price target of $16.35 on the company shares. The stock presently has a consensus rating of Hold and an average target price of $21.46.

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Mattel (NASDAQ MAT) traded up $0.63 during midday trading on Monday, reaching $13.93. (NASDAQ:MAT) opened at $13.30 on Thursday. Finally, Monness Crespi & Hardt upgraded Mattel from a "neutral" rating to a "buy" rating and set a $37.00 price target on the stock in a research note on Monday, September 19th. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.32 and a quick ratio of 0.89.

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The average true range (ATR) was fashioned to allow traders to more precisely evaluate the daily volatility of an asset by using straightforward calculations.

Large investors have recently modified their holdings of the stock. Thrivent Financial For Lutherans boosted its holdings in shares of Mattel by 5.8% in the 1st quarter.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -32.82%, and has a solid year to date (YTD) performance of -49.44% which means that the stock is constantly adding to its value from the previous fiscal year end price. The company holds 343.87 million outstanding shares and 342.58 million shares are floating in market.

The company now has an insider ownership of 0.3 Percent and Institutional ownership of 0 Percent. Fairpointe Capital LLC raised its position in shares of Mattel by 24.3% in the second quarter. (DNOW). The consensus rating is 2.5, suggesting the market has given up on the stock. The shares price has positioned -20.45% down over the past quarter while it has directed -38.58% toward a falling position throughout past six months.

A number of other institutional investors have also bought and sold shares of the stock.

Relative Strength Index (RSI) for Mattel, Inc. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2017/11/09/mattel-inc-mat-shares-sold-by-american-century-companies-inc.html. 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.


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