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Shares of Mattel (NYSE:MAT) hit a new 52-week low on Monday , AR Network reports. The company traded as low as $34.56 and last traded at $34.85, with a volume of 1,286,713 shares trading hands. The stock had previously closed at $34.99.

A number of analysts have recently weighed in on MAT shares. Analysts at Zacks reiterated a “neutral” rating on shares of Mattel in a research note on Friday, July 18th. They now have a $38.00 price target on the stock. Separately, analysts at MKM Partners cut their price target on shares of Mattel from $45.00 to $41.00 in a research note on Friday, July 18th. They now have a “buy” rating on the stock. Finally, analysts at Needham & Company LLC downgraded shares of Mattel from a “buy” rating to a “hold” rating in a research note on Friday, July 18th. They now have a $41.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $40.13.

The stock’s 50-day moving average is $36.29 and its 200-day moving average is $37.80. The company has a market cap of $11.781 billion and a price-to-earnings ratio of 14.99.

Mattel (NYSE:MAT) last posted its quarterly earnings results on Thursday, July 17th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.18 by $0.10. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was down 9.1% on a year-over-year basis. On average, analysts predict that Mattel will post $2.17 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 19th. Shareholders of record on Wednesday, August 27th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date of this dividend is Monday, August 25th.

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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