Shares of Mattel, Inc. (NASDAQ:MAT) traded up 6.6% during trading on Wednesday . The stock traded as high as $15.62 and last traded at $15.59. 8,024,731 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 7,944,294 shares. The stock had previously closed at $14.62.

Several analysts recently commented on the company. ValuEngine lowered Mattel from a “hold” rating to a “sell” rating in a report on Friday, October 27th. DA Davidson cut their price objective on Mattel from $14.00 to $13.00 and set an “underperform” rating for the company in a report on Friday, September 22nd. BidaskClub raised Mattel from a “strong sell” rating to a “sell” rating in a report on Wednesday, November 15th. Stifel Nicolaus reissued a “hold” rating and set a $14.00 price target (down previously from $34.00) on shares of Mattel in a report on Wednesday. Finally, UBS reissued a “buy” rating and set a $23.00 price target on shares of Mattel in a report on Saturday, September 16th. One analyst has rated the stock with a sell rating, ten have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $21.54.

The firm has a market cap of $5,283.12, a PE ratio of 102.47, a P/E/G ratio of 39.52 and a beta of 1.00. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.89 and a current ratio of 1.32.

Mattel (NASDAQ:MAT) last announced its quarterly earnings data on Thursday, October 26th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.49). Mattel had a negative net margin of 11.73% and a positive return on equity of 2.51%. The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the previous year, the firm earned $0.70 earnings per share. Mattel’s revenue was down 13.1% on a year-over-year basis. research analysts expect that Mattel, Inc. will post 0.04 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in MAT. Highlander Capital Management LLC purchased a new position in shares of Mattel in the second quarter valued at about $105,000. Penserra Capital Management LLC lifted its position in shares of Mattel by 26.6% in the second quarter. Penserra Capital Management LLC now owns 6,117 shares of the company’s stock valued at $131,000 after acquiring an additional 1,287 shares in the last quarter. Zeke Capital Advisors LLC purchased a new position in shares of Mattel in the third quarter valued at about $163,000. Hartland & Co. LLC purchased a new position in shares of Mattel in the third quarter valued at about $165,000. Finally, ETF Managers Group LLC purchased a new position in shares of Mattel in the second quarter valued at about $195,000. Institutional investors and hedge funds own 93.86% of the company’s stock.

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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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