Mattel, Inc. (NASDAQ:MAT) Given Consensus Rating of “Hold” by Brokerages

Mattel, Inc. (NASDAQ:MAT) has received an average rating of “Hold” from the thirteen research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $18.2222.

A number of research firms have recently issued reports on MAT. UBS Group reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Mattel in a research report on Thursday, March 5th. Zacks Research raised Mattel from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Roth Mkm set a $16.00 price target on Mattel in a report on Wednesday, February 11th. Citigroup cut Mattel from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $25.00 to $16.00 in a report on Wednesday, February 11th. Finally, Wall Street Zen cut Mattel from a “buy” rating to a “hold” rating in a report on Sunday, May 10th.

Hedge Funds Weigh In On Mattel

A number of hedge funds have recently added to or reduced their stakes in MAT. EdgePoint Investment Group Inc. increased its stake in Mattel by 9.4% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 44,662,760 shares of the company’s stock worth $751,674,000 after acquiring an additional 3,839,176 shares during the period. Alyeska Investment Group L.P. increased its stake in Mattel by 274.0% during the 4th quarter. Alyeska Investment Group L.P. now owns 3,445,360 shares of the company’s stock worth $68,356,000 after acquiring an additional 2,524,123 shares during the period. Norges Bank bought a new position in shares of Mattel in the 4th quarter valued at $49,182,000. Serenity Capital Management PTE. LTD. bought a new position in shares of Mattel in the 4th quarter valued at $47,331,000. Finally, Simcoe Capital Management LLC bought a new position in shares of Mattel in the 3rd quarter valued at $39,044,000. Institutional investors own 97.15% of the company’s stock.

Mattel Stock Performance

MAT opened at $14.89 on Friday. Mattel has a 12-month low of $14.10 and a 12-month high of $22.48. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 9.42, a PEG ratio of 1.34 and a beta of 0.74. The business has a 50 day moving average of $14.83 and a 200-day moving average of $17.80. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.11.

Mattel (NASDAQ:MAT) last released its quarterly earnings data on Wednesday, April 29th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.04. Mattel had a return on equity of 18.67% and a net margin of 9.27%.The company had revenue of $862.17 million during the quarter, compared to analysts’ expectations of $808.38 million. During the same period last year, the firm posted ($0.03) earnings per share. The business’s revenue was up 4.3% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. On average, equities research analysts expect that Mattel will post 1.31 earnings per share for the current year.

Mattel Company Profile

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.