Mattel (MAT) Given News Sentiment Rating of 0.11
Media coverage about Mattel (NASDAQ:MAT) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mattel earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.831471740244 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Mattel dives into digital toys with new Silicon Valley partnership (mercurynews.com)
- El Segundo’s Mattel dives into digital toys with new Silicon Valley partnership (dailybreeze.com)
- Mattel Nursery Gadget Listens to Babies, Sets Off Privacy Alarms (finance.yahoo.com)
- My Relationship With Barbie: It’s Complicated (finance.yahoo.com)
- Mattel Target of Unusually High Options Trading (MAT) (americanbankingnews.com)
Shares of Mattel (NASDAQ MAT) opened at 15.38 on Tuesday. The stock’s 50 day moving average price is $15.89 and its 200 day moving average price is $20.60. The stock has a market capitalization of $5.27 billion, a P/E ratio of 21.66 and a beta of 0.86. Mattel has a one year low of $14.35 and a one year high of $33.23.
Mattel (NASDAQ:MAT) last issued its earnings results on Thursday, July 27th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.05). The business had revenue of $974.50 million for the quarter, compared to the consensus estimate of $972.36 million. Mattel had a net margin of 4.51% and a return on equity of 11.62%. The business’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.02) EPS. On average, analysts forecast that Mattel will post $0.78 EPS for the current year.
Several research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Mattel from a “strong sell” rating to a “sell” rating in a report on Thursday, September 14th. Jefferies Group LLC reiterated a “hold” rating and set a $17.00 price objective on shares of Mattel in a research note on Thursday, September 7th. BMO Capital Markets reissued an “outperform” rating and set a $25.00 target price (down previously from $30.00) on shares of Mattel in a report on Friday, July 28th. UBS AG set a $26.00 target price on Mattel and gave the stock a “buy” rating in a report on Friday, July 28th. Finally, KeyCorp restated a “sector weight” rating on shares of Mattel in a research report on Thursday, August 31st. Three analysts have rated the stock with a sell rating, five have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $24.12.
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In related news, CEO Mary Margaret Hasti Georgiadis acquired 12,660 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was acquired at an average price of $19.61 per share, for a total transaction of $248,262.60. Following the completion of the acquisition, the chief executive officer now owns 116,788 shares of the company’s stock, valued at approximately $2,290,212.68. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.40% of the stock is owned by insiders.
Mattel Company Profile
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.
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