Mattel, Inc. (NASDAQ:MAT) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 60,488,844 shares, a growth of 9.7% from the January 12th total of 55,145,315 shares. Approximately 17.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,164,597 shares, the short-interest ratio is presently 8.4 days.

Several equities research analysts recently commented on MAT shares. Citigroup boosted their price objective on shares of Mattel from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, February 6th. Jefferies Group set a $17.00 price objective on shares of Mattel and gave the stock a “hold” rating in a research report on Saturday, December 2nd. UBS Group set a $22.00 price objective on shares of Mattel and gave the stock a “buy” rating in a research report on Friday, October 27th. Monness Crespi & Hardt lowered shares of Mattel from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 12th. Finally, TheStreet lowered shares of Mattel from a “c” rating to a “d” rating in a research report on Thursday, October 26th. Thirteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $19.00.

Mattel (MAT) opened at $16.36 on Wednesday. The stock has a market cap of $5,620.00, a PE ratio of -5.35, a price-to-earnings-growth ratio of 14.42 and a beta of 1.00. The company has a quick ratio of 1.55, a current ratio of 1.92 and a debt-to-equity ratio of 2.28. Mattel has a 1-year low of $12.71 and a 1-year high of $26.30.

Mattel (NASDAQ:MAT) last released its earnings results on Thursday, February 1st. The company reported ($0.72) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.21 by ($0.93). The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Mattel had a negative net margin of 21.59% and a negative return on equity of 21.37%. Mattel’s revenue for the quarter was down 12.2% on a year-over-year basis. During the same quarter last year, the company posted $0.52 earnings per share. equities research analysts predict that Mattel will post 0.13 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the business. Calton & Associates Inc. purchased a new position in Mattel in the 4th quarter valued at about $112,000. Zeke Capital Advisors LLC acquired a new position in shares of Mattel during the 3rd quarter valued at about $163,000. Hartland & Co. LLC acquired a new position in shares of Mattel during the 3rd quarter valued at about $165,000. Virtu Financial LLC acquired a new position in shares of Mattel during the 4th quarter valued at about $187,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Mattel during the 4th quarter valued at about $206,000. Institutional investors own 93.86% of the company’s stock.

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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.

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