Mattel (NASDAQ:MAT) has been assigned a $17.00 price target by equities research analysts at Jefferies Group in a research report issued on Saturday. The firm presently has a “hold” rating on the stock. Jefferies Group’s price objective would suggest a potential downside of 1.51% from the company’s previous close.
MAT has been the subject of a number of other reports. DA Davidson reiterated an “underperform” rating and set a $14.00 price objective (down from $18.00) on shares of Mattel in a research note on Tuesday, September 12th. KeyCorp restated a “sector weight” rating on shares of Mattel in a research note on Thursday, August 31st. BidaskClub upgraded Mattel from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 14th. UBS set a $22.00 price target on Mattel and gave the stock a “buy” rating in a research note on Friday, October 27th. Finally, TheStreet downgraded Mattel from a “c” rating to a “d” rating in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $21.79.
Shares of Mattel (NASDAQ:MAT) traded down $0.99 during trading hours on Friday, hitting $17.26. The company had a trading volume of 9,680,000 shares, compared to its average volume of 11,618,164. The company has a market cap of $5,932.76, a P/E ratio of 115.07, a PEG ratio of 44.38 and a beta of 0.99. The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 1.31. Mattel has a 52 week low of $12.71 and a 52 week high of $31.60.
Several hedge funds and other institutional investors have recently bought and sold shares of MAT. Highlander Capital Management LLC bought a new position in shares of Mattel during the 2nd quarter valued at approximately $105,000. Penserra Capital Management LLC boosted its position in shares of Mattel by 26.6% during the 2nd quarter. Penserra Capital Management LLC now owns 6,117 shares of the company’s stock valued at $131,000 after acquiring an additional 1,287 shares during the last quarter. Zeke Capital Advisors LLC bought a new position in shares of Mattel during the 3rd quarter valued at approximately $163,000. Hartland & Co. LLC bought a new position in shares of Mattel during the 3rd quarter valued at approximately $165,000. Finally, ETF Managers Group LLC bought a new position in shares of Mattel during the 2nd quarter valued at approximately $195,000. Hedge funds and other institutional investors own 93.85% of the company’s stock.
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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