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

Key Points

• Analysts maintain a “Hold” consensus on Mattel, with two sell, six hold, four buy and two strong-buy ratings. The average 12-month price target is $17.33 versus the stock’s reported $15.03 price.
• Institutional investors own 97.15% of Mattel, with BlackRock initiating a roughly $363 million position and other major investors increasing or establishing holdings.
• Mattel’s latest quarter showed revenue rising 10.5% year over year to $1.13 billion, but adjusted EPS of $0.01 missed estimates of $0.04. Analysts expect full-year EPS of approximately $1.32.

Mattel, Inc. (NASDAQ:MAT - Get Free Report) has been given a consensus recommendation of "Hold" by the fourteen research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $17.3333.

MAT has been the subject of a number of research analyst reports. Weiss Ratings restated a "hold (c-)" rating on shares of Mattel in a report on Thursday, July 2nd. Citigroup dropped their price target on Mattel from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Friday, July 10th. Wells Fargo & Company reduced their price objective on Mattel from $19.00 to $18.00 and set an "overweight" rating for the company in a research note on Thursday, April 30th. Wall Street Zen lowered Mattel from a "buy" rating to a "hold" rating in a research report on Sunday, May 10th. Finally, Odeon Capital Group started coverage on Mattel in a research note on Thursday, July 16th. They set a "buy" rating on the stock.

Institutional Investors Weigh In On Mattel

Large investors have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Mattel during the second quarter valued at approximately $363,273,000. EdgePoint Investment Group Inc. raised its holdings in Mattel by 6.0% in the fourth quarter. EdgePoint Investment Group Inc. now owns 47,341,242 shares of the company's stock worth $939,250,000 after purchasing an additional 2,678,482 shares during the period. Alyeska Investment Group L.P. raised its holdings in Mattel by 274.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 3,445,360 shares of the company's stock worth $68,356,000 after purchasing an additional 2,524,123 shares during the period. Norges Bank bought a new position in shares of Mattel during the fourth quarter worth $49,182,000. Finally, Serenity Capital Management PTE. LTD. bought a new position in shares of Mattel during the fourth quarter worth $47,331,000. Institutional investors own 97.15% of the company's stock.

Mattel Stock Up 2.0%

Shares of MAT stock opened at $15.03 on Wednesday. Mattel has a 1 year low of $12.73 and a 1 year high of $22.48. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.26 and a current ratio of 1.90. The business's fifty day moving average is $14.20 and its 200-day moving average is $15.49. The stock has a market cap of $4.29 billion, a PE ratio of 11.05, a price-to-earnings-growth ratio of 1.42 and a beta of 0.72.

Mattel (NASDAQ:MAT - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.03). The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.10 billion. Mattel had a return on equity of 16.20% and a net margin of 7.79%.The firm's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.19 earnings per share. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Equities analysts expect that Mattel will post 1.32 earnings per share for the current fiscal 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.

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