Mattel, Inc. (NASDAQ:MAT) Receives $18.22 Average PT from Brokerages

Mattel, Inc. (NASDAQ:MAT) has been given a consensus recommendation of “Hold” by the thirteen research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $17.8889.

Several equities research analysts have weighed in on the stock. Zacks Research raised shares of Mattel from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Argus upgraded shares of Mattel to a “strong-buy” rating in a report on Friday, March 13th. JPMorgan Chase & Co. decreased their price objective on shares of Mattel from $14.00 to $13.00 and set an “underweight” rating for the company in a report on Thursday, April 30th. Weiss Ratings lowered shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, March 4th. Finally, The Goldman Sachs Group decreased their price objective on shares of Mattel from $18.00 to $15.00 and set a “neutral” rating for the company in a report on Friday.

Mattel Trading Down 2.1%

Shares of MAT opened at $13.69 on Tuesday. The stock has a market capitalization of $3.98 billion, a P/E ratio of 8.66, a PEG ratio of 1.25 and a beta of 0.72. The company has a quick ratio of 1.50, a current ratio of 2.06 and a debt-to-equity ratio of 1.11. The firm has a fifty day simple moving average of $14.64 and a two-hundred day simple moving average of $16.90. Mattel has a twelve month low of $13.61 and a twelve month high of $22.48.

Mattel (NASDAQ:MAT) last announced its quarterly earnings results on Wednesday, April 29th. The company reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.24) by $0.04. The business had revenue of $862.17 million during the quarter, compared to analysts’ expectations of $808.38 million. Mattel had a net margin of 9.27% and a return on equity of 18.67%. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.03) EPS. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. On average, research analysts anticipate that Mattel will post 1.31 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP bought a new position in Mattel in the 3rd quarter worth $28,000. Los Angeles Capital Management LLC bought a new position in Mattel in the 4th quarter worth $31,000. SJS Investment Consulting Inc. raised its holdings in Mattel by 2,959.6% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company’s stock worth $25,000 after purchasing an additional 1,687 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in Mattel in the 4th quarter worth $36,000. Finally, Farther Finance Advisors LLC increased its stake in shares of Mattel by 107.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company’s stock worth $40,000 after acquiring an additional 1,048 shares in the last quarter. 97.15% of the stock is currently owned by institutional investors.

Mattel Company Profile

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.