Mattel Inc. (NASDAQ: MAT) stock enjoyed a major increase of 15.1% on 7/22/24. The shares closed at $18.68. Moreover, exceptionally high trading volume at 838% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 11.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, MAT is expected to continue to be a major Value Builder.
Mattel has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Mattel has a poor Appreciation Score of 27 and a poor Power Rating of 25, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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