Shares of Mattel, Inc. (NASDAQ:MAT – Get Free Report) have been given an average rating of “Hold” by the nine brokerages that are covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $23.75.
Several equities research analysts have recently weighed in on MAT shares. JPMorgan Chase & Co. increased their target price on shares of Mattel from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Jefferies Financial Group increased their price objective on Mattel from $18.25 to $20.00 and gave the stock a “hold” rating in a research report on Tuesday, October 1st. Morgan Stanley boosted their target price on Mattel from $21.00 to $22.00 and gave the company an “equal weight” rating in a report on Thursday, October 24th. StockNews.com downgraded Mattel from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Finally, DA Davidson reissued a “buy” rating and issued a $27.00 price objective on shares of Mattel in a research note on Thursday, October 24th.
Get Our Latest Analysis on Mattel
Institutional Investors Weigh In On Mattel
Mattel Trading Up 1.4 %
MAT opened at $19.02 on Monday. The company has a quick ratio of 1.88, a current ratio of 2.45 and a debt-to-equity ratio of 1.01. Mattel has a 52 week low of $15.87 and a 52 week high of $20.59. The business’s 50 day moving average is $19.05 and its two-hundred day moving average is $18.39. The firm has a market cap of $6.41 billion, a price-to-earnings ratio of 11.89, a price-to-earnings-growth ratio of 0.97 and a beta of 0.78.
Mattel (NASDAQ:MAT – Get Free Report) last announced its earnings results on Wednesday, October 23rd. The company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.19. The business had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.86 billion. Mattel had a net margin of 10.24% and a return on equity of 25.39%. The company’s quarterly revenue was down 3.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.08 EPS. On average, research analysts predict that Mattel will post 1.46 EPS for the current year.
About Mattel
Mattel, Inc, a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Hot Wheels Monster Trucks, Hot Wheels Mario Kart, Matchbox, and Cars brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other consumer products under the Fisher-Price, Little People and Imaginext, and Thomas & Friends, and Power wheels brands.
Recommended Stories
- Five stocks we like better than Mattel
- Most active stocks: Dollar volume vs share volume
- The Latest 13F Filings Are In: See Where Big Money Is Flowing
- Low PE Growth Stocks: Unlocking Investment Opportunities
- 3 Penny Stocks Ready to Break Out in 2025
- 3 Grocery Stocks That Are Proving They Are Still Essential
- FMC, Mosaic, Nutrien: Top Agricultural Stocks With Big Potential
Receive News & Ratings for Mattel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mattel and related companies with MarketBeat.com's FREE daily email newsletter.