Mattel, Inc. (NASDAQ:MAT) Given Average Recommendation of “Hold” by Brokerages

Mattel, Inc. (NASDAQ:MAT) has earned an average rating of “Hold” from the thirteen research firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $18.2222.

A number of research firms recently issued reports on MAT. UBS Group reissued a “buy” rating and issued a $28.00 price target on shares of Mattel in a research note on Thursday, March 5th. JPMorgan Chase & Co. decreased their price target on shares of Mattel from $14.00 to $13.00 and set an “underweight” rating on the stock in a research note on Thursday, April 30th. Wells Fargo & Company decreased their price target on shares of Mattel from $19.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Jefferies Financial Group reiterated a “buy” rating on shares of Mattel in a research report on Wednesday. Finally, Roth Mkm set a $16.00 price objective on Mattel in a report on Wednesday, February 11th.

Mattel Price Performance

Shares of NASDAQ MAT opened at $15.39 on Monday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.50 and a current ratio of 2.06. The company has a market cap of $4.47 billion, a PE ratio of 9.74, a P/E/G ratio of 1.38 and a beta of 0.74. The business has a 50-day simple moving average of $15.18 and a two-hundred day simple moving average of $18.19. Mattel has a fifty-two week low of $14.10 and a fifty-two week high of $22.48.

Mattel (NASDAQ:MAT) last released its earnings results on Wednesday, April 29th. The company reported ($0.20) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.04. Mattel had a return on equity of 18.67% and a net margin of 9.27%.The firm had revenue of $862.17 million during the quarter, compared to the consensus estimate of $808.38 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue was up 4.3% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. As a group, equities analysts expect that Mattel will post 1.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC grew its holdings in Mattel by 537.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company’s stock valued at $25,000 after buying an additional 1,140 shares in the last quarter. Quarry LP purchased a new stake in Mattel in the 3rd quarter valued at $28,000. Los Angeles Capital Management LLC acquired a new position in Mattel in the 4th quarter valued at about $31,000. SJS Investment Consulting Inc. boosted its holdings in Mattel by 2,959.6% in the 1st 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 last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in Mattel in the 4th quarter valued at about $36,000. Hedge funds and other institutional investors own 97.15% of the company’s stock.

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.