Mattel, Inc. (MAT) Opportunity Or End Game?

Wall Street analysts will be watching closely when Mattel, Inc. (NASDAQ:MAT) reports its quarterly earnings next, which is scheduled for Thu 7 Feb (In 32 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at -$0.18 per share. In the preceding quarter, the company reportedly generated EPS of $0.18 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of -13.00%, a profit margin of -18.00% and a gross margin of 34.40%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Mattel, Inc. (NASDAQ:MAT). Most recently, on June 19th, 2018, UBS Downgrade a Neutral rating. Before that, on April 11th, 2018, Jefferies Upgrade to Hold. Jefferies Downgrade a Underperform rating on February 26th, 2018, Citigroup Reiterated an Buy rating on February 6th, 2018, and B. Riley FBR, Inc. Initiated a Neutral rating on December 21st, 2017.

At its current price point, combined with the fact that this company has 345.29M shares outstanding, the current market capitalization sits at 3.59B. In the last trading day, 11,074,145 shares of Mattel, Inc. were traded, which compares to its usual volume of about 4.85M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.43 in the past five trading days, resulting in a percentage change of +4.73% and a moving average of 9.87. In the past 20 days, its price changed by -$3.15 (which is -23.23%) and the stock’s moving average was 10.99. Looking back a full 50 days, shares of MAT changed by -$3.69 (which is -26.17%) and demonstrated a moving average of 12.62.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 46.21%, a 14-day Stochastic %K score of 22.31% and a 20-day Stochastic %K score of 14.63%. Using a similar metric, Mattel, Inc. (MAT) shares showed a Stochastic %D of 38.76% over the past 9 days, a Stochastic %D score of 19.18% over the last 14 days, and a 20-day Stochastic %D of 13.92%. Meanwhile, this stock’s MACD Oscillator was 0.02 over the past 9 days, -0.35 over the past two weeks, and -1.18 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $10.41 level. Over the past 12 months, this stock has experienced a high price of $18.88 and a low of $9.09. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

PRIMECAP Management Co purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Mattel, Inc. (NASDAQ:MAT) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 50,743,629 shares of the company’s stock following the addition of 456,029 to this investor’s holdings during the three-month period. This share count represents that PRIMECAP Management Co now held 14.70% stake in Mattel, Inc. (MAT)’s shares.

Just in the most recent trading day, Mattel, Inc. (NASDAQ:MAT) experienced a high price of $10.575 and low point of $9.318. At the end of the last trading session, this stock was at 10.41 per share, following a gain of $0.12, or 12.30% during the full day.