Mattel (NASDAQ:MAT) Upgraded at Odean Cap Resea

Odean Cap Resea upgraded shares of Mattel (NASDAQ:MAT) to a strong-buy rating in a research report released on Thursday morning,Zacks.com reports.

Other research analysts also recently issued reports about the company. Zacks Research upgraded Mattel from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Citigroup decreased their price target on Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a report on Friday, July 10th. Wells Fargo & Company lowered their price objective on shares of Mattel from $19.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mattel in a research note on Thursday, July 2nd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Mattel from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $17.33.

Mattel Trading Down 2.4%

Mattel stock opened at $14.30 on Thursday. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 9.05, a price-to-earnings-growth ratio of 1.25 and a beta of 0.74. Mattel has a 52 week low of $12.73 and a 52 week high of $22.48. The stock has a 50-day moving average price of $14.27 and a 200 day moving average price of $16.27.

Mattel (NASDAQ:MAT) last announced its earnings results on Wednesday, April 29th. The company reported ($0.20) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.04. Mattel had a net margin of 9.27% and a return on equity of 18.67%. The business had revenue of $862.17 million during the quarter, compared to the consensus estimate of $808.38 million. During the same quarter in the prior year, the firm earned ($0.03) earnings per share. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Sell-side analysts anticipate that Mattel will post 1.35 EPS for the current year.

Institutional Trading of Mattel

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Redwood Investment Management LLC grew its holdings in Mattel by 31.3% in the 1st quarter. Redwood Investment Management LLC now owns 72,448 shares of the company’s stock valued at $1,053,000 after buying an additional 17,268 shares during the period. Empowered Funds LLC lifted its holdings in shares of Mattel by 26.5% during the 1st quarter. Empowered Funds LLC now owns 37,708 shares of the company’s stock worth $548,000 after acquiring an additional 7,893 shares during the period. Bank of America Corp DE boosted its position in shares of Mattel by 14.6% in the first quarter. Bank of America Corp DE now owns 1,914,866 shares of the company’s stock worth $27,823,000 after acquiring an additional 244,094 shares during the last quarter. Seven Six Capital Management LLC acquired a new stake in shares of Mattel in the first quarter worth approximately $2,110,000. Finally, Kentucky Retirement Systems purchased a new stake in Mattel in the first quarter valued at approximately $406,000. Hedge funds and other institutional investors own 97.15% of the company’s stock.

Trending Headlines about Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Odeon Capital upgraded Mattel to strong-buy, adding to the bullish case that the stock may be undervalued after its recent weakness. Tickerreport.com coverage
• Positive Sentiment: A Seeking Alpha piece argued Mattel has stronger upside than Wall Street expects, citing a sub-10x P/E, free cash flow yield above 7%, and potential catalysts such as activist pressure, takeover speculation, or short covering. Seeking Alpha article
• Neutral Sentiment: Brokerage coverage remains mixed overall, with Mattel receiving a consensus Hold rating, suggesting analysts see limited near-term clarity despite the valuation appeal. American Banking News coverage
• Neutral Sentiment: Another note said Mattel trades at a discount on earnings despite weak returns, reinforcing the idea that the stock is inexpensive but not yet proving a durable turnaround. Yahoo Finance article
• Negative Sentiment: Articles highlighted competitive and brand-related pressure, including Hasbro’s launch tied to K-Pop Demon Hunters, underscoring rivalry in the toy industry and the risk that Mattel may miss out on some entertainment-driven momentum. Merca20 article

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.