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Shares of Mattel (NYSE:MAT) have received a consensus rating of “Hold” from the thirteen ratings firms that are currently covering the stock, Analyst Ratings News reports. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $39.38.

Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Mattel from a “neutral” rating to an “underperform” rating in a research note on Friday, August 29th. They now have a $32.00 price target on the stock. Finally, 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.

Shares of Mattel (NYSE:MAT) opened at 34.58 on Wednesday. Mattel has a one year low of $34.30 and a one year high of $47.94. The stock’s 50-day moving average is $35.49 and its 200-day moving average is $37.73. The company has a market cap of $11.683 billion and a P/E ratio of 14.82.

Mattel (NYSE:MAT) last issued its quarterly earnings data on Thursday, July 17th. The company reported $0.08 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.21 earnings per share. Mattel’s revenue was down 9.1% compared to the same quarter last year. Analysts expect that Mattel will post $2.17 EPS for the current fiscal year.

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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