Mattel (NASDAQ:MAT) Reaches New 12-Month Low – Should You Sell?

Shares of Mattel, Inc. (NASDAQ:MAT) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $13.84 and last traded at $13.9050, with a volume of 1484819 shares trading hands. The stock had previously closed at $14.13.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Wall Street Zen lowered Mattel from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. UBS Group reissued a “buy” rating and set a $28.00 target price on shares of Mattel in a research note on Thursday, March 5th. Weiss Ratings lowered shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, March 4th. Jefferies Financial Group reiterated a “buy” rating on shares of Mattel in a report on Wednesday, May 6th. Finally, Zacks Research upgraded shares of Mattel from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Mattel has a consensus rating of “Hold” and a consensus price target of $18.22.

Mattel Stock Performance

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 market capitalization of $3.97 billion, a P/E ratio of 8.65, a P/E/G ratio of 1.29 and a beta of 0.72. The stock has a fifty day moving average of $14.77 and a 200-day moving average of $17.34.

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in MAT. SJS Investment Consulting Inc. lifted its position in Mattel by 2,959.6% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company’s stock worth $25,000 after buying an additional 1,687 shares in the last quarter. Quarry LP bought a new position in shares of Mattel in the 3rd quarter valued at about $28,000. Los Angeles Capital Management LLC bought a new position in shares of Mattel in the 4th quarter valued at about $31,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Mattel in the fourth quarter valued at about $36,000. Finally, Farther Finance Advisors LLC increased its position in shares of Mattel by 107.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company’s stock valued at $40,000 after acquiring an additional 1,048 shares during the last quarter. Institutional investors own 97.15% of the company’s stock.

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.