Mattel (NASDAQ:MAT) received a $13.00 target price from research analysts at Jefferies Group in a research report issued to clients and investors on Sunday. The brokerage presently has a “hold” rating on the stock. Jefferies Group’s price objective indicates a potential upside of 1.17% from the stock’s current price.
Several other analysts have also commented on the company. BidaskClub raised Mattel from a “strong sell” rating to a “sell” rating in a report on Friday, April 13th. Stifel Nicolaus dropped their target price on Mattel from $15.50 to $14.00 and set a “hold” rating on the stock in a report on Wednesday, April 4th. UBS dropped their target price on Mattel from $18.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, March 29th. BMO Capital Markets dropped their target price on Mattel from $23.00 to $17.00 and set an “outperform” rating on the stock in a report on Tuesday, March 20th. Finally, Barclays lowered Mattel from an “equal weight” rating to an “underweight” rating and set a $16.00 target price on the stock. in a report on Friday, March 9th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $17.58.
Mattel stock opened at $12.85 on Friday. The stock has a market cap of $4,457.95, a P/E ratio of -11.57 and a beta of 1.01. Mattel has a 52 week low of $12.21 and a 52 week high of $23.11. The company has a current ratio of 1.92, a quick ratio of 1.55 and a debt-to-equity ratio of 2.28.
Mattel (NASDAQ:MAT) last posted its earnings results on Thursday, February 1st. The company reported ($0.72) EPS for the quarter, missing the consensus estimate of $0.21 by ($0.93). The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.69 billion. Mattel had a negative return on equity of 21.37% and a negative net margin of 21.59%. The firm’s revenue was down 12.2% on a year-over-year basis. During the same period last year, the business earned $0.52 earnings per share. research analysts anticipate that Mattel will post -0.21 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Calton & Associates Inc. purchased a new position in shares of Mattel in the fourth quarter valued at approximately $112,000. Wolverine Asset Management LLC purchased a new position in shares of Mattel in the fourth quarter valued at approximately $177,000. Virtu Financial LLC purchased a new position in shares of Mattel in the fourth quarter valued at approximately $187,000. Marathon Trading Investment Management LLC purchased a new position in shares of Mattel in the fourth quarter valued at approximately $194,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of Mattel in the fourth quarter valued at approximately $206,000.
Mattel Company Profile
Mattel, Inc designs, manufactures, and markets a range of toy products worldwide. The company operates in three segments: North America, International, and American Girl. It offers Mattel Girls & Boys branded products, including Barbie dolls and accessories, Monster High, DC Super Hero Girls, Enchantimals, Polly Pocket, Hot Wheels and Matchbox vehicles and play sets, CARS, DC Comics, WWE Wrestling, Minecraft, Toy Story, and games and puzzles.
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.