Shares of Mattel, Inc. (NASDAQ:MAT) have earned a consensus rating of “Hold” from the nineteen ratings firms that are presently covering the stock, Marketbeat.com reports. Thirteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $18.27.
Several brokerages recently issued reports on MAT. ValuEngine cut shares of Mattel from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. BidaskClub upgraded shares of Mattel from a “strong sell” rating to a “sell” rating in a research report on Wednesday, November 15th. Stifel Nicolaus reiterated a “hold” rating and set a $14.00 price target (down previously from $34.00) on shares of Mattel in a research report on Wednesday, December 13th. TheStreet cut shares of Mattel from a “c” rating to a “d” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research upgraded shares of Mattel from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 26th.
Shares of Mattel (NASDAQ MAT) traded down $0.41 during trading hours on Wednesday, hitting $16.55. 6,367,800 shares of the stock traded hands, compared to its average volume of 6,664,091. The company has a market capitalization of $5,688.72, a P/E ratio of -5.41, a price-to-earnings-growth ratio of 13.82 and a beta of 1.01. 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 has a 52-week low of $12.71 and a 52-week high of $26.30.
Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Thursday, February 1st. The company reported ($0.72) EPS for the quarter, missing the consensus estimate of $0.21 by ($0.93). The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.69 billion. Mattel had a negative net margin of 21.59% and a negative return on equity of 21.37%. The business’s revenue was down 12.2% on a year-over-year basis. During the same period last year, the company posted $0.52 earnings per share. equities research analysts expect that Mattel will post 0.13 earnings per share for the current fiscal year.
Several large investors have recently bought and sold shares of the company. J. Goldman & Co LP purchased a new stake in shares of Mattel during the fourth quarter valued at approximately $5,105,000. OLD Mutual Customised Solutions Proprietary Ltd. grew its holdings in shares of Mattel by 83.5% during the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 30,100 shares of the company’s stock valued at $463,000 after buying an additional 13,700 shares during the last quarter. Meitav Dash Investments Ltd. purchased a new stake in shares of Mattel during the fourth quarter valued at approximately $1,127,000. Fairpointe Capital LLC grew its holdings in shares of Mattel by 1.3% during the fourth quarter. Fairpointe Capital LLC now owns 10,178,283 shares of the company’s stock valued at $156,542,000 after buying an additional 129,516 shares during the last quarter. Finally, MetLife Investment Advisors LLC purchased a new stake in shares of Mattel during the fourth quarter valued at approximately $1,636,000. Hedge funds and other institutional investors own 93.86% of the company’s stock.
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Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.
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