Mattel, Inc. (NASDAQ:MAT) was upgraded by research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.

A number of other brokerages also recently issued reports on MAT. BidaskClub downgraded Mattel from a “sell” rating to a “strong sell” rating in a research report on Saturday, November 4th. Stifel Nicolaus restated a “hold” rating on shares of Mattel in a research report on Thursday, August 3rd. SunTrust Banks, Inc. restated a “hold” rating and issued a $17.00 price target (down from $22.00) on shares of Mattel in a research report on Tuesday, October 10th. Jefferies Group LLC set a $13.00 price target on Mattel and gave the stock a “hold” rating in a research report on Sunday, October 29th. Finally, KeyCorp reiterated a “hold” rating on shares of Mattel in a research report on Sunday, October 29th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $21.46.

Mattel (NASDAQ:MAT) opened at $17.64 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $5,025.33, a P/E ratio of 97.47, a PEG ratio of 37.59 and a beta of 0.88. Mattel has a 52-week low of $12.71 and a 52-week high of $32.48.

Mattel (NASDAQ:MAT) last posted its earnings results on Thursday, October 26th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.49). The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.82 billion. Mattel had a negative net margin of 11.73% and a positive return on equity of 2.51%. The firm’s revenue was down 13.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.70 earnings per share. sell-side analysts predict that Mattel will post 0.04 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently bought and sold shares of MAT. Janus Henderson Group PLC grew its stake in Mattel by 19,570.6% in the second quarter. Janus Henderson Group PLC now owns 9,617,527 shares of the company’s stock valued at $207,066,000 after purchasing an additional 9,568,634 shares during the last quarter. Parnassus Investments CA grew its stake in Mattel by 92.5% in the third quarter. Parnassus Investments CA now owns 16,064,364 shares of the company’s stock valued at $248,676,000 after purchasing an additional 7,719,364 shares during the last quarter. American Century Companies Inc. grew its stake in Mattel by 91.6% in the second quarter. American Century Companies Inc. now owns 9,958,114 shares of the company’s stock valued at $214,398,000 after purchasing an additional 4,759,608 shares during the last quarter. Eaton Vance Management grew its stake in Mattel by 581.7% in the second quarter. Eaton Vance Management now owns 2,682,680 shares of the company’s stock valued at $57,758,000 after purchasing an additional 2,289,165 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Mattel by 20.6% in the third quarter. Bank of New York Mellon Corp now owns 13,201,338 shares of the company’s stock valued at $204,357,000 after purchasing an additional 2,253,399 shares during the last quarter. Institutional investors own 95.89% of the company’s stock.

About Mattel

Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.

Analyst Recommendations for Mattel (NASDAQ:MAT)

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