Mattel shares are trading close to a major resistance on the weekly chart around 14.63 USD. A short term correction would be a logical consequence. Investors should open a short trade and target the $ 12.4.
The company usually posts poor financials for mid or long term investments.
The company has poor fundamentals for a short-term investment strategy.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
The stock is in a well-established, long-term rising trend above the technical support level at 11.67 USD
Stock prices approach a strong long-term resistance in weekly data at USD 14.63.
Technically, the stock approaches a strong medium-term resistance at USD 14.68.
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
The company has insufficient levels of profitability.
The company is in debt and has limited leeway for investment
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The group usually releases earnings worse than estimated.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 104.08 times its estimated earnings per share for the ongoing year.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.