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.

Wall Street Analysts Forecast Growth

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

Mattel Stock Performance

Shares of Mattel stock remained flat at $22.59 during midday trading on Tuesday. The company had a trading volume of 153,059 shares, compared to its average volume of 3,556,345. The company's 50 day moving average is $22.89 and its 200 day moving average is $23.25. Mattel has a one year low of $17.94 and a one year high of $26.99. The company has a market capitalization of $7.96 billion, a P/E ratio of 7.12 and a beta of 1.23. 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 (NASDAQ:MAT - Get Rating) last issued its quarterly earnings data on Thursday, July 21st. The company reported $0.18 EPS for the quarter, topping 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 period last year, the firm posted $0.03 earnings per share. On average, equities analysts anticipate that Mattel will post 1.47 earnings per share for the current fiscal year.