Headlines about Mattel (NASDAQ:MAT) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Mattel earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.5386107757718 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
Several research firms have recently issued reports on MAT. Barclays lowered shares of Mattel from an “equal weight” rating to an “underweight” rating and set a $16.00 target price on the stock. in a research note on Friday, March 9th. UBS lowered their target price on shares of Mattel from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Thursday, March 29th. Stifel Nicolaus lowered their target price on shares of Mattel from $15.50 to $14.00 and set a “hold” rating on the stock in a research note on Wednesday, April 4th. BidaskClub lowered shares of Mattel from a “sell” rating to a “strong sell” rating in a research note on Tuesday, March 20th. Finally, Jefferies Group set a $13.00 target price on shares of Mattel and gave the stock a “hold” rating in a research note on Sunday, April 22nd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $17.83.
Shares of Mattel stock opened at $15.14 on Friday. The stock has a market capitalization of $5.33 billion, a P/E ratio of -14.02 and a beta of 0.98. Mattel has a twelve month low of $12.21 and a twelve month high of $23.11. The company has a debt-to-equity ratio of 2.92, a quick ratio of 1.56 and a current ratio of 2.25.
Mattel (NASDAQ:MAT) last issued its quarterly earnings results on Thursday, April 26th. The company reported ($0.60) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.39) by ($0.21). The company had revenue of $708.40 million during the quarter, compared to analysts’ expectations of $687.70 million. Mattel had a negative net margin of 25.79% and a negative return on equity of 32.79%. The company’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.32) earnings per share. sell-side analysts forecast that Mattel will post -0.45 EPS for the current year.
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.
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