Mattel (NASDAQ:MAT) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Mattel from buy to hold, adding to a mixed analyst picture for the stock.
• Other recent analyst moves include Wells Fargo trimming its target to $18, Citigroup cutting Mattel to neutral, while Jefferies kept a buy rating. Overall, the stock’s consensus rating remains Hold with an average target price of $18.22.
• Mattel reported better-than-expected quarterly results, with EPS of -$0.20 versus an estimate of -$0.24 and revenue of $862.17 million, up 4.3% year over year. The company also provided FY2026 EPS guidance of 1.270–1.390.

Mattel (NASDAQ:MAT - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued to investors on Sunday.

MAT has been the topic of several other reports. Wells Fargo & Company lowered their target price 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. Jefferies Financial Group reaffirmed a "buy" rating on shares of Mattel in a research report on Wednesday. The Goldman Sachs Group increased their price objective on Mattel from $16.00 to $18.00 and gave the company a "neutral" rating in a report on Wednesday, February 18th. Citigroup downgraded Mattel from a "buy" rating to a "neutral" rating and cut their price objective for the company from $25.00 to $16.00 in a research note on Wednesday, February 11th. Finally, Morgan Stanley set a $18.00 target price on Mattel in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $18.22.

Mattel Price Performance

Shares of MAT opened at $15.39 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.50 and a current ratio of 2.06. The firm has a market cap of $4.47 billion, a PE ratio of 9.74, a PEG ratio of 1.38 and a beta of 0.74. The firm's 50 day moving average price is $15.18 and its 200 day moving average price is $18.19. Mattel has a twelve month low of $14.10 and a twelve month high of $22.48.

Mattel (NASDAQ:MAT - Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.04. The company had revenue of $862.17 million during the quarter, compared to the consensus estimate of $808.38 million. Mattel had a net margin of 9.27% and a return on equity of 18.67%. The company's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.03) earnings per share. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. As a group, research analysts expect that Mattel will post 1.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Mattel

Institutional investors have recently made changes to their positions in the business. Cornerstone Planning Group LLC boosted its stake in Mattel by 537.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company's stock valued at $25,000 after purchasing an additional 1,140 shares during the period. Quarry LP bought a new position in Mattel in the 3rd quarter worth approximately $28,000. Los Angeles Capital Management LLC acquired a new position in shares of Mattel during the fourth quarter worth approximately $31,000. SJS Investment Consulting Inc. boosted its position in shares of Mattel by 2,959.6% in the first quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company's stock valued at $25,000 after acquiring an additional 1,687 shares during the period. Finally, Atlas Capital Advisors Inc. bought a new stake in shares of Mattel in the fourth quarter valued at approximately $36,000. 97.15% of the stock is currently owned by institutional investors.

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.

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