Mattel - MAT Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mattel in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MAT shares.
View MAT analyst ratings or view top-rated stocks.

10 equities research analysts have issued 1-year price targets for Mattel's shares. Their MAT share price forecasts range from $21.00 to $30.00. On average, they anticipate the company's share price to reach $24.33 in the next year. This suggests a possible upside of 48.9% from the stock's current price.
View analysts price targets for MAT or view top-rated stocks among Wall Street analysts.

Mattel's stock was trading at $17.84 at the beginning of 2023. Since then, MAT stock has decreased by 8.4% and is now trading at $16.34.
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Mattel saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 12,460,000 shares, a decline of 6.2% from the February 13th total of 13,280,000 shares. Based on an average daily trading volume, of 3,250,000 shares, the days-to-cover ratio is currently 3.8 days.
View Mattel's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our MAT earnings forecast.

Mattel, Inc. (NASDAQ:MAT) released its quarterly earnings data on Wednesday, February, 8th. The company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.29 by $0.11. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.68 billion. Mattel had a trailing twelve-month return on equity of 24.47% and a net margin of 7.25%. The firm's revenue for the quarter was down 21.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.53 EPS.

ETFs with the largest weight of Mattel (NASDAQ:MAT) stock in their portfolio include Schwab Ariel ESG ETF (SAEF), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Nuveen ESG Small-Cap ETF (NUSC), T. Rowe Price Equity Income ETF (TEQI), Vanguard S&P Mid-Cap 400 Value ETF (IVOV), VanEck Morningstar SMID Moat ETF (SMOT), iShares S&P Mid-Cap 400 Value ETF (IJJ) and SPDR S&P 400 Mid Cap Value ETF (MDYV).

Mattel updated its FY23 earnings guidance on Thursday, March, 16th. The company provided earnings per share (EPS) guidance of $1.10-1.20 for the period, compared to the consensus estimate of $1.28.

89 employees have rated Mattel Chief Executive Officer Ynon Kreiz on Glassdoor.com. Ynon Kreiz has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mattel investors own include AbbVie (ABBV), Chicago Bridge Iron (CBI), Diebold Nixdorf (DBD), Bristol-Myers Squibb (BMY), Hasbro (HAS), AT&T (T), General Electric (GE), KKR & Co. Inc. (KKR), Ford Motor (F) and Intel (INTC).

Mattel trades on the NASDAQ under the ticker symbol "MAT."

Mattel's stock is owned by many different retail and institutional investors. Top institutional investors include EdgePoint Investment Group Inc. (12.47%), Ariel Investments LLC (4.49%), Price T Rowe Associates Inc. MD (4.26%), Southeastern Asset Management Inc. TN (3.40%), Victory Capital Management Inc. (1.90%) and Victory Capital Management Inc. (1.90%). Insiders that own company stock include Richard Todd Bradley and Zanatta Roberto Jacobo Isaias.
View institutional ownership trends.

Shares of MAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MAT stock can currently be purchased for approximately $16.34.

Mattel (NASDAQ:MAT) has a market capitalization of $5.81 billion and generates $5.43 billion in revenue each year. The company earns $393.91 million in net income (profit) each year or $1.08 on an earnings per share basis.

The company employs 33,900 workers across the globe.

Mattel's mailing address is 333 CONTINENTAL BLVD, EL SEGUNDO CA, 90245. The official website for the company is www.mattel.com. The company can be reached via phone at (310) 252-2000, via email at investor.relations@mattel.com, or via fax at 31-10-275-5589.