Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Mattel Inc. (NASDAQ: MAT) improved recently. MAT’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/8/24, Mattel Inc. (NASDAQ: MAT) stock rose modestly by 0.9%, closing at $19.55. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has declined -4.1% 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 C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Mattel has a poor Appreciation Score of 27 but a slightly positive Power Rating of 65, resulting in the Low Neutral Value Trend Rating.
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