Mattel - MAT Stock Forecast, Price & News

Mattel, Inc., a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, Monster High, American Girl, Polly Pocket, Spirit, and Enchantimals brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids of all ages, and collectors under the Hot Wheels, Monster Trucks, Matchbox, CARS, and Mario Kart brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, Power wheels, and Fireman Sam brands. The company also provides action figures, building sets, and games under the Masters of the Universe, MEGA, UNO, Lightyear, Jurassic World, WWE, and Star Wars brands; and licensor partner brands, including Disney, NBCUniversal, WWE, Microsoft, Nickelodeon, Warner Bros, and Sanrio. It sells its products directly to consumers through its catalog, website, and proprietary retail stores; retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; and wholesalers, as well as through agents and distributors. Mattel, Inc. was founded in 1945 and is headquartered in El Segundo, California.

Mattel Trading Up 0.5 %

Shares of MAT Stock traded up $0.12 on Friday, hitting $23.29. 1,989 shares of the company's stock traded hands, compared to its average volume of 3,662,429. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.03 and a current ratio of 1.82. Mattel has a one year low of $17.94 and a one year high of $26.99. The company's fifty day simple moving average is $22.78 and its 200 day simple moving average is $23.26. The stock has a market capitalization of $8.23 billion, a price-to-earnings ratio of 7.33 and a beta of 1.23.

Mattel (NASDAQ:MAT - Get Rating) last released its earnings results on Thursday, July 21st. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.06 by $0.12. Mattel had a net margin of 19.31% and a return on equity of 37.28%. During the same quarter last year, the company posted $0.03 EPS. Equities analysts forecast that Mattel will post 1.47 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Mattel from a "neutral" rating to a "buy" rating and upped their price objective for the company from $30.00 to $31.00 in a report on Sunday, July 10th. StockNews.com raised shares of Mattel from a "hold" rating to a "buy" rating in a research report on Tuesday, July 12th. Jefferies Financial Group reduced their target price on shares of Mattel from $27.00 to $24.00 in a research report on Friday, July 15th. Finally, MKM Partners reduced their target price on shares of Mattel from $34.00 to $30.00 and set a "buy" rating for the company in a research report on Thursday, July 7th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Mattel currently has a consensus rating of "Buy" and an average target price of $32.57.