Mattel, Inc. (NASDAQ:MAT) Receives Consensus Recommendation of “Hold” from Brokerages

Mattel, Inc. (NASDAQ:MAT) has been given an average rating of “Hold” by the eleven analysts that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $18.3750.

Several brokerages recently commented on MAT. Roth Mkm set a $16.00 target price on Mattel in a report on Wednesday, February 11th. Jefferies Financial Group dropped their price objective on Mattel from $25.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. UBS Group restated a “buy” rating on shares of Mattel in a report on Wednesday, February 11th. Citigroup lowered Mattel from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $25.00 to $16.00 in a report on Wednesday, February 11th. Finally, Cfra downgraded shares of Mattel from a “moderate buy” rating to a “hold” rating in a report on Wednesday, October 22nd.

Mattel Stock Performance

MAT stock opened at $16.84 on Wednesday. The company has a market capitalization of $5.23 billion, a P/E ratio of 13.37, a PEG ratio of 2.34 and a beta of 0.70. The company has a 50-day simple moving average of $20.31 and a 200 day simple moving average of $19.11. Mattel has a fifty-two week low of $13.94 and a fifty-two week high of $22.48. The company has a quick ratio of 1.76, a current ratio of 2.15 and a debt-to-equity ratio of 1.04.

Mattel (NASDAQ:MAT) last released its earnings results on Tuesday, February 10th. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.14). The company had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.85 billion. Mattel had a net margin of 7.44% and a return on equity of 20.72%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.35 EPS. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Sell-side analysts predict that Mattel will post 1.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in Mattel during the 2nd quarter worth about $55,651,000. CX Institutional purchased a new stake in shares of Mattel in the third quarter worth approximately $6,260,000. Great Lakes Advisors LLC lifted its position in shares of Mattel by 37.1% in the third quarter. Great Lakes Advisors LLC now owns 318,769 shares of the company’s stock worth $5,365,000 after purchasing an additional 86,207 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in shares of Mattel by 221.0% in the second quarter. Orion Porfolio Solutions LLC now owns 56,637 shares of the company’s stock worth $1,117,000 after purchasing an additional 38,993 shares in the last quarter. Finally, Hillsdale Investment Management Inc. acquired a new stake in shares of Mattel during the second quarter worth approximately $726,000. Institutional investors own 97.15% of the company’s stock.

About Mattel

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.