In the most recent trading session, Mattel, Inc. (NASDAQ:MAT) shares saw a move of -1.30% . Covering Wall Street analysts have a consensus target price of $21.33 on the stock.
Investing in the stock market may include having to keep emotions in check. When things get crazy, investors may be forced with tough decisions. Being able to stay away from impulsive decisions may help when the time comes to tweak the portfolio. Having the proper discipline and market perspective may also be a highly desirable trait for a successful trader. Investors who are able to practice discipline may be able to avoid emotional trading pitfalls in the future. Even highly experienced investors may have to someday make the difficult decisions in order to keep the portfolio strong. Figuring out what works and what doesn’t may take many years of trial and error. Learning to filter through the daily noise can be a big asset when trying to focus on the particularly important information.
In order to arrive at a price target, analysts and investors alike use various metrics to determine where the stock might be headed. One of the most common is the Price to Earnings Ratio or P/E Ratio. This is calculated by taking the current share price and dividing it by the forecasted earnings per share. As of writing, Mattel, Inc. has a price to earnings ratio of 25.12. Taking a step further, investors can also look to a firm’s price to earnings growth or PEG ratio. The stock has a current PEG of 3.40 .
Some other technicals to consider would be the moving averages of the company. In comparing the current price level of the equity to their moving averages, the shares are trading $-2.79 off of the 50-day average of $20.30 and $-5.70 away from the 200-day moving average of $23.21 .
Another important factor to consider when evaluating a stock’s current and future value are the 52 week high and low levels. As of the most recent bid at the time of writing, Mattel, Inc. shares are trading -48.80% away from the 52-week high mark of 34.20 and +0.29% off the 52-week bottom of 17.46.