The leading market experts have placed a mean price target of $35.33 on Mattel, Inc. (NASDAQ:MAT) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.77 a share for the upcoming quarter and $1.32 for the current fiscal.
The technical analysis of Mattel, Inc. plainly substantiates that the 50-day moving average of Mattel, Inc. is $32.81, and stock is trading $0.78 points away or +2.37% from its 50-day moving average of $32.81. Further it is trading $1.46 or +4.54% away its 200-day moving average of $32.13. Mattel, Inc. (NASDAQ:MAT) 52-week high is $34.76 and the 52-week low is $19.45.
This explains if the stock moves $-1.17, it will post a 52-week high. In event of +72.70% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Mattel, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Mattel, Inc. (NASDAQ:MAT) ratio came in at 33.26.
The stock last ended the trading session at $33.59 and registered a market cap of $11.44B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Mattel, Inc. (NASDAQ:MAT) PEG ratio is at 1.94.
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