Digging Up the Facts on Mattel, Inc. (MAT)

Mattel, Inc. (MAT) is an interesting player in the Consumer Goods space, with a focus on Toys & Games. The stock has been active on the tape, currently trading at $15.01, down from yesterday’s close by -0.27%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

No amount of research is complete without a bird’s eye view of the financial data. Mattel, Inc. (MAT) currently trades with a market capitalization of $5.14 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For MAT, the company currently has $275.4 Million of cash on the books, which is offset by $756.77 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $-13.72 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.64 on a per share basis this quarter. Perhaps, that suggests something about why 67.38% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how MAT has been acting. Looking at the stock’s movement on the chart, Mattel, Inc. recorded a 52-week high of $33.23. It is now trading 18.22% off that level. The stock is trading $17.92 its 50-day moving average by 2.91%. The stock carved out a 52-week low down at $14.82.

In recent action, Mattel, Inc. (MAT) has made a move of -7.97% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 67.52, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 12.64% with $341.57 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MAT.

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