Mattel, Inc. (NASDAQ:MAT) Receives Average Rating of “Hold” from Analysts

Mattel, Inc. (NASDAQ:MAT) has been given a consensus rating of “Hold” by the fourteen ratings firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $17.3333.

Several analysts recently weighed in on MAT shares. Jefferies Financial Group reiterated a “buy” rating on shares of Mattel in a report on Wednesday, May 6th. Wall Street Zen cut Mattel from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Roth Capital lowered their price target on Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. JPMorgan Chase & Co. dropped their price objective on Mattel from $14.00 to $13.00 and set an “underweight” rating for the company in a research note on Thursday, April 30th. Finally, The Goldman Sachs Group downgraded Mattel from a “neutral” rating to a “sell” rating and cut their price objective for the company from $15.00 to $12.00 in a report on Thursday, July 9th.

Mattel Stock Performance

Shares of MAT stock opened at $15.03 on Wednesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.90 and a quick ratio of 1.26. The firm has a market cap of $4.29 billion, a PE ratio of 11.05, a price-to-earnings-growth ratio of 1.45 and a beta of 0.72. The company has a 50-day moving average of $14.23 and a two-hundred day moving average of $15.37. Mattel has a 1-year low of $12.73 and a 1-year high of $22.48.

Mattel (NASDAQ:MAT) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Mattel had a net margin of 7.79% and a return on equity of 16.20%. The company had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the firm posted $0.19 earnings per share. Mattel’s revenue was up 10.5% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. On average, analysts predict that Mattel will post 1.32 EPS for the current year.

Institutional Trading of Mattel

Institutional investors and hedge funds have recently bought and sold shares of the business. SJS Investment Consulting Inc. boosted its stake in shares of Mattel by 2,959.6% in the first quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company’s stock valued at $25,000 after purchasing an additional 1,687 shares during the period. Quarry LP purchased a new stake in Mattel during the 3rd quarter worth approximately $28,000. Los Angeles Capital Management LLC purchased a new stake in Mattel during the 4th quarter worth approximately $31,000. Atlas Capital Advisors Inc. acquired a new stake in Mattel during the 4th quarter worth approximately $36,000. Finally, Global Retirement Partners LLC purchased a new position in Mattel in the 2nd quarter valued at approximately $38,000. 97.15% of the stock is currently owned by hedge funds and other institutional investors.

Mattel Company Profile

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.