Mattel (MAT) Stock Forecast, Price & News

10 Wall Street 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 analysts is that investors should "buy" MAT shares.
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10 brokerages have issued 12 month price targets for Mattel's stock. Their MAT share price forecasts range from $21.00 to $30.00. On average, they expect the company's stock price to reach $24.33 in the next year. This suggests a possible upside of 34.1% from the stock's current price.
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Mattel's stock was trading at $17.84 at the beginning of the year. Since then, MAT stock has increased by 1.7% and is now trading at $18.14.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our MAT earnings forecast.

Mattel, Inc. (NASDAQ:MAT) announced its earnings results on Wednesday, April, 26th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.02. The company had revenue of $814.60 million for the quarter, compared to the consensus estimate of $740.74 million. Mattel had a trailing twelve-month return on equity of 17.52% and a net margin of 5.11%. The firm's revenue for the quarter was down 21.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.08 EPS.

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

Mattel updated its FY23 earnings guidance on Wednesday, April, 26th. The company provided EPS guidance of $1.10-$1.20 for the period, compared to the consensus earnings per share estimate of $1.26.

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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.65%), Price T Rowe Associates Inc. MD (4.17%), Southeastern Asset Management Inc. TN (3.18%), State Street Corp (2.80%), Victory Capital Management Inc. (2.26%) and Frontier Capital Management Co. LLC (2.08%). Insiders that own company stock include Richard Todd Bradley and Zanatta Roberto Jacobo Isaias.
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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 $18.14.

Mattel (NASDAQ:MAT) has a market capitalization of $6.42 billion and generates $5.43 billion in revenue each year. The company earns $393.91 million in net income (profit) each year or $0.72 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.