Mattel Inc. (NASDAQ: MAT) has reported E.P.S. of $1.10 for its third fiscal quarter (ending September 30) versus $0.41 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $1.59 versus $0.24 for the same period a year ago.
Recent Price Action
Mattel Inc. (NASDAQ: MAT) stock closed at $17.78 on 10/23/24 after a modest decline of -1.8%. Moreover, unusually high trading volume at 183% of normal accompanied the decline. The stock has declined -4.7% during the last week and has performed in line with the market over the last nine months.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Mattel has a poor Appreciation Score of 26 but a neutral Power Rating of 59, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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