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

Shares of Mattel, Inc. (NASDAQ:MAT) have been given a consensus rating of “Hold” by the thirteen ratings firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $18.4444.

A number of equities analysts have issued reports on the company. UBS Group reiterated a “buy” rating and set a $28.00 target price on shares of Mattel in a report on Thursday, March 5th. Zacks Research cut Mattel from a “hold” rating to a “strong sell” rating in a report on Wednesday, March 11th. JPMorgan Chase & Co. cut Mattel from a “neutral” rating to an “underweight” rating and set a $14.00 target price for the company. in a report on Wednesday, February 11th. Morgan Stanley set a $18.00 target price on Mattel in a report on Wednesday, February 11th. Finally, Weiss Ratings cut Mattel from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, March 4th.

Hedge Funds Weigh In On Mattel

Large investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC increased its holdings in Mattel by 537.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company’s stock worth $25,000 after purchasing an additional 1,140 shares in the last quarter. Quarry LP acquired a new position in shares of Mattel during the 3rd quarter worth about $28,000. Los Angeles Capital Management LLC acquired a new position in shares of Mattel during the 4th quarter worth about $31,000. Atlas Capital Advisors Inc. acquired a new position in shares of Mattel during the 4th quarter worth about $36,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Mattel by 107.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company’s stock worth $40,000 after buying an additional 1,048 shares during the last quarter. Institutional investors own 97.15% of the company’s stock.

Mattel Price Performance

MAT opened at $14.45 on Thursday. 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 has a 12 month low of $13.94 and a 12 month high of $22.48. The company has a fifty day simple moving average of $16.72 and a 200 day simple moving average of $18.54. The stock has a market cap of $4.37 billion, a P/E ratio of 11.47 and a beta of 0.78.

Mattel (NASDAQ:MAT) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.14). Mattel had a net margin of 7.44% and a return on equity of 20.72%. The firm had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the prior year, the company earned $0.35 EPS. Mattel’s quarterly revenue was up 7.3% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. On average, research analysts expect that Mattel will post 1.7 EPS 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.