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Mattel (NYSE:MAT) reached a new 52-week low on Tuesday , American Banking & Market News reports. The company traded as low as $35.57 and last traded at $35.68, with a volume of 5,773,367 shares traded. The stock had previously closed at $36.65.

MAT has been the subject of a number of recent research reports. Analysts at Argus downgraded shares of Mattel from a “buy” rating to a “hold” rating in a research note on Friday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Mattel in a research note on Tuesday, February 4th. They now have a $40.00 price target on the stock. Finally, analysts at Longbow Research downgraded shares of Mattel from a “buy” rating to a “neutral” rating in a research note on Monday, February 3rd. They now have a $48.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company. Mattel currently has an average rating of “Hold” and a consensus target price of $44.00.

The stock has a 50-day moving average of $41.74 and a 200-day moving average of $43.08. The company has a market cap of $12.038 billion and a price-to-earnings ratio of 14.21. Mattel also was the recipient of some unusual options trading on Tuesday. Stock investors acquired 17,871 call options on the stock. This represents an increase of 803% compared to the average daily volume of 1,980 call options.

Mattel (NYSE:MAT) last released its earnings data on Thursday, January 30th. The company reported $1.07 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.21 by $0.14. The company had revenue of $2.11 million for the quarter, compared to the consensus estimate of $2.38 billion. During the same quarter in the prior year, the company posted $1.12 earnings per share. The company’s quarterly revenue was down 6.3% on a year-over-year basis. Analysts expect that Mattel will post $2.64 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, March 7th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date of this dividend is Tuesday, February 18th. This is a boost from Mattel’s previous quarterly dividend of $0.36.

Mattel, Inc (NYSE:MAT) designs, manufactures and markets a variety of toy products worldwide which are sold to its customers and directly to consumers.

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