Mattel Company Profile (NASDAQ:MAT)

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

Mattel declared a quarterly dividend on Friday, June 16th. Investors of record on Wednesday, August 23rd will be given a dividend of $0.15 per share on Friday, September 15th. This represents a $0.60 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Monday, August 21st. View Mattel's Dividend History.

Mattel, Inc. (NASDAQ:MAT) issued its earnings results on Thursday, April, 20th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.15. The business had revenue of $735.60 million for the quarter, compared to analysts' expectations of $797.60 million. Mattel had a net margin of 5.22% and a return on equity of 13.19%. Mattel's revenue for the quarter was down 15.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.14) EPS. View Mattel's Earnings History.

13 analysts have issued 1 year price objectives for Mattel's stock. Their forecasts range from $19.00 to $38.00. On average, they anticipate Mattel's share price to reach $27.38 in the next twelve months. View Analyst Ratings for Mattel.

Here are some recent quotes from research analysts about Mattel stock:

• 1. Argus analysts commented, "at least several quarters."Staszak stated in his downgrade report that he is concerned with Mattel's declining revenue and expanding losses. The analyst also highlighted the company's gross margins which fell by 680 basis points in the first quarter to 37.0 percent, which was notably lower than the 43.7 percent the consensus estimate was calling for. Q1 ConcernsStaszak further noted that Mattel oversees four business segments and all four of them saw declining revenue on a year-over-year basis as follows:Mattel girls and boys brands fell 16 percent to $441 million.Fisher Price fell 8 percent to $247 million.American Girl fell 12 percent to around $82 million.Construction arts and crafts well 38 percent to around $39 million.Given the sales decline in each segment, it shouldn't come as a surprise Mattel's management slashed its 2017 guidance which was issued on February 17. Specifically, the company is expecting full-year sales to rise by a mid-single-digit as opposed to a prior guidance of a mid- to high-single-digit.Staszak's estimates is now calling for a 3 percent full-year sales growth from 2016 to $5.6 billion, down from a prior estimate of $5.7 billion.Finally, the analyst briefly discussed a source of concern among Mattel's investors, namely its current dividend, which is yielding 6.82 percent. Staszak believes the company is on track to pay shareholders $1.52 per share on an annual basis in 2017 and can even raise its annual dividend payout to $1.64 per share in 2018.Bottom line, Staszak believes Mattel's success depends on its ability to "stay ahead of trends" (4/28/2017)
• 2. According to Zacks Investment Research, "Mattel’s Q1 2017 adjusted loss per share of $0.32 was wider than the Zacks Consensus Estimate of a loss of $0.17 and also the prior-year quarter loss of $0.14.  Results were hurt by weak sales. Notably, revenues of $735.6 million plunged 15% year over year as reported and in constant currency and missed the consensus mark by 9.2%. Going forward, U.S. toy category slowdown and unfavorable foreign exchange translation remains a major headwind. Moreover, Mattel’s shares have underperformed the Zacks categorized Toys/Games/Hobby Products industry over the past six months. Even so, we believe that the company’s core brands like Hot Wheels, Thomas, Fisher-Price and MEGA Brands should drive growth. Still, it will take time for all the brands to show consistent improvement. Further, costs related to sales boosting initiatives may keep profits under pressure, while macroeconomic concerns limit revenue growth of the company." (4/26/2017)
• 3. B. Riley analysts commented, "On 2/21, we attended a sell-side analyst meeting with new CEO Margo Georgiadis, former head of the Americas for Alphabet's Google (GOOGL; Buy; $990.00 PT; Sinha). The key message we came away with is that Georgiadis believes MAT has tremendous opportunity to accelerate its growth by leveraging its IP. She joined MAT for five key reasons: (1) she's deeply passionate about childhood learning and education (65% of the jobs today's kids will have in the future do not even exist as jobs today); (2) MAT people have a sense of passion and purpose; (3) MAT has an unrivaled brand portfolio, with high revenue/user; (4) MAT has a global footprint; and (5) she sees an opportunity to transform the internal operations of the company to maximize end-to-end relationships with consumers. Five things Georgiadis plans to focus on: (1) the strategy laid out by previous CEO Chris Sinclair and President Richard Dickson (core brands, Toy Box, emerging markets development, cost improvement); (2) to more systemically incorporate technology across all the brands, as a means of accelerating growth; (3) to drive digital content and communication with the consumer more broadly; (4) to make the business more operationally efficient and to reduce complexity; and (5) to find the right balance between investing for growth and profitability/value to the shareholder." (2/21/2017)
• 4. Barclays PLC analysts commented, "Mattel's issues this quarter were industry specific and we expect other toy companies to report similar industry challenges. While the company's valuation could appear more attractive following this release, we remain Equal Weight particularly given that management's LT growth objectives are now pushed out to 2019 from 2018, and in 2018 the company faces tough comps against a strong entertainment driven 2017. Until investors feel more comfortable with Mattel's growth trajectory, we believe valuation upside is limited. Further, with this most recent setback, we believe investors are going to focus on the sustainability of the dividend yet again which could also be an overhang. The new CEO (as of 2/8) could shake things up and inject growth (particularly in ecommerce), which would certainly be a positive. We are looking forward to hearing Ms. Georgiadis' plans as she gets settled in." (1/26/2017)

Mattel saw a increase in short interest in the month of June. As of June 30th, there was short interest totalling 25,914,516 shares, an increase of 26.4% from the June 15th total of 20,501,303 shares. Based on an average trading volume of 7,913,779 shares, the days-to-cover ratio is currently 3.3 days. Currently, 7.6% of the company's shares are sold short.

Some companies that are related to Mattel include Hasbro (HAS), Viacom (VIAB), Whirlpool Corporation (WHR), Coach (COH), Wynn Resorts, Limited (WYNN), Norwegian Cruise Line Holdings (NCLH), New Oriental Education & Technology Group (EDU), Discovery Communications (DISCB), TAL Education Group (TAL), Discovery Communications (DISCA), Wynn Macau (WYNMF), Discovery Communications (DISCK), Shaw Communications (SJR), Wyndham Worldwide Corp (WYN), Melco Crown Entertainment Limited (MLCO), Intercontinental Hotels Group (IHG), Scripps Networks Interactive (SNI) and Itv Plc. (ITVPY).

Mattel's management team includes the folowing people:

• Christopher Alan Sinclair, Executive Chairman of the Board
• Richard L. Dickson, President and Chief Operating Officer
• Margaret H. Georgiadis, Chief Executive Officer, Director
• Kevin M. Farr CPA, Chief Financial Officer
• Richard R. Gros, Chief Human Resource Officer, Executive Vice President
• Robert John Normile, Executive Vice President, Chief Legal Officer and Secretary
• Juliana L. Chugg, Executive Vice President and Chief Brands Officer – Core Brands
• Peter D. Gibbons, Executive Vice President - Chief Supply Chain Officer
• Geoffrey H. Walker, Executive Vice President and Chief Strategic Technology Officer
• Michael J. Dolan, Lead Independent Director

Mattel's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include NN Investment Partners Holdings N.V. (0.64%), Guinness Asset Management Ltd (0.18%), Bank of Montreal Can (0.15%), APG Asset Management N.V. (0.14%), Penn Davis Mcfarland Inc. (0.13%) and Gateway Investment Advisers LLC (0.12%). Company insiders that own Mattel stock include Christopher A Sinclair, Dean A Scarborough, Dominic Ng, Geoffrey H Walker, Jean Gabriel Zalzman, Kevin M Farr, Loyd Kathy White, Richard R Gros, Steve Totzke and Susan R Lecker. View Institutional Ownership Trends for Mattel.

Mattel's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, US Bancorp DE, Farmers & Merchants Investments Inc., Exane Derivatives, Cascade Investment Advisors Inc., DnB Asset Management AS, Huntington National Bank and Aperio Group LLC. Company insiders that have sold Mattel stock in the last year include Dominic Ng and Geoffrey H Walker. View Insider Buying and Selling for Mattel.

Mattel's stock was bought by a variety of institutional investors in the last quarter, including Guinness Asset Management Ltd, NN Investment Partners Holdings N.V., Franklin Street Advisors Inc. NC, Mn Services Vermogensbeheer B.V., Gateway Investment Advisers LLC, Atria Investments LLC, Pennsylvania Trust Co and Oakbrook Investments LLC. Company insiders that have bought Mattel stock in the last two years include Christopher A Sinclair, Dean A Scarborough and Richard R Gros. View Insider Buying and Selling for Mattel.

Shares of Mattel can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Mattel stock can currently be purchased for approximately $21.63.