Shares of Mattel, Inc. (NASDAQ:MAT – Get Free Report) have been given an average rating of “Hold” by the nine analysts that are presently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $22.63.
Several brokerages recently commented on MAT. StockNews.com raised shares of Mattel from a “hold” rating to a “buy” rating in a research note on Wednesday, August 21st. DA Davidson restated a “buy” rating and issued a $27.00 target price on shares of Mattel in a report on Monday, July 22nd. Finally, Jefferies Financial Group raised their target price on Mattel from $18.25 to $20.00 and gave the company a “hold” rating in a research report on Tuesday, October 1st.
Read Our Latest Analysis on Mattel
Institutional Investors Weigh In On Mattel
Mattel Stock Performance
Shares of MAT stock opened at $19.26 on Friday. Mattel has a one year low of $15.87 and a one year high of $21.52. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.58 and a quick ratio of 1.81. The stock has a market cap of $6.63 billion, a P/E ratio of 23.20, a P/E/G ratio of 1.25 and a beta of 0.79. The company has a fifty day moving average price of $19.02 and a two-hundred day moving average price of $18.34.
Mattel (NASDAQ:MAT – Get Free Report) last announced its earnings results on Tuesday, July 23rd. The company reported $0.19 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. Mattel had a return on equity of 25.72% and a net margin of 5.94%. The firm’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter last year, the company earned $0.10 earnings per share. As a group, equities analysts predict that Mattel will post 1.43 EPS for the current year.
Mattel Company Profile
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
- How to Calculate Return on Investment (ROI)
- NVIDIA’s AI Dominance: Why Analysts Predict Major Upside Ahead
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- These Stocks Are Using Buybacks to Unlock Big Gains for Investors
- Top Biotech Stocks: Exploring Innovation Opportunities
- This Is the Entry Into PepsiCo You’ve Been Waiting For
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.