From reading this site amongst others, what do you think is a good value for the stock? From my analysis it looks to be headed towards the mid to high teens.
4 replies (most recent on top)
The ONLY reason Mattel stock is looking attractive was because their 6.73% dividend, the ex-div date was Aug 24. The stock rebounded (peaked) just 10 days later , which was a good sign of investor optimism. It was miraculous that they didn't cut the August dividend, but there is no guarantee of that in the future. Considering their internal struggles, constant layoffs, and antiquated methods, IMO there is no reason for continued optimism. I fully expect the share price in the teens and a dividend cut before year's end. I'll buy at 18 if there are any signs of improvement.
I wouldn't call 150034 a troll. This site at times is a good way to find out about companies. I live in the Netherlands and like to understand the perspective of inside a company. I see a lot of people who care about Mattel from this site. I too might invest in Mattel if stock goes down
you're like the worst troll ever - anonymous150034
This is the last place in the world where you'd want to solicit information on this topic.