Mattel, Inc. (NASDAQ:MAT) gapped down before the market opened on Monday . The stock had previously closed at $14.56, but opened at $14.84. Mattel shares last traded at $14.84, with a volume of 3591620 shares.
MAT has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Mattel from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 26th. Jefferies Group dropped coverage on Mattel in a research note on Monday, December 18th. BidaskClub upgraded Mattel from a “strong sell” rating to a “sell” rating in a research note on Wednesday, November 15th. B. Riley initiated coverage on Mattel in a research note on Thursday, December 21st. They set a “neutral” rating and a $15.00 price target on the stock. Finally, Monness Crespi & Hardt lowered Mattel from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 12th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $19.33.
The company has a debt-to-equity ratio of 2.28, a current ratio of 1.92 and a quick ratio of 1.55. The company has a market capitalization of $5,102.10, a price-to-earnings ratio of -4.90 and a beta of 0.94.
Large investors have recently made changes to their positions in the business. Calton & Associates Inc. acquired a new position in Mattel in the fourth quarter valued at approximately $112,000. Zeke Capital Advisors LLC acquired a new position in shares of Mattel during the 3rd quarter worth approximately $163,000. Hartland & Co. LLC acquired a new position in shares of Mattel during the 3rd quarter worth approximately $165,000. Wolverine Asset Management LLC acquired a new position in shares of Mattel during the 4th quarter worth approximately $177,000. Finally, Virtu Financial LLC acquired a new position in shares of Mattel during the 4th quarter worth approximately $187,000. 93.86% of the stock is owned by institutional investors.
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Mattel Company Profile
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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