Mattel, Inc. (NASDAQ:MAT) Receives $18.44 Consensus Price Target from Analysts

Mattel, Inc. (NASDAQ:MAT) has been given a consensus rating of “Hold” by the thirteen analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $18.4444.

Several equities analysts have recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Mattel from $16.00 to $18.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 18th. Weiss Ratings downgraded shares of Mattel from a “buy (b-)” rating to a “hold (c)” rating in a research report on Wednesday, March 4th. Roth Mkm set a $16.00 target price on shares of Mattel in a research note on Wednesday, February 11th. Argus upgraded shares of Mattel to a “strong-buy” rating in a research report on Friday, March 13th. Finally, Jefferies Financial Group dropped their price target on shares of Mattel from $25.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th.

Mattel Trading Up 0.6%

Shares of NASDAQ MAT opened at $15.00 on Friday. Mattel has a 12-month low of $13.94 and a 12-month high of $22.48. The company has a market cap of $4.53 billion, a price-to-earnings ratio of 11.90 and a beta of 0.72. The company has a current ratio of 2.15, a quick ratio of 1.76 and a debt-to-equity ratio of 1.04. The stock’s 50 day simple moving average is $18.52 and its 200 day simple moving average is $18.87.

Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.14). Mattel had a return on equity of 20.72% and a net margin of 7.44%.The company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter in the previous year, the company earned $0.35 earnings per share. Mattel’s quarterly revenue was up 7.3% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.180-1.300 EPS. Equities research analysts expect that Mattel will post 1.7 EPS for the current year.

Institutional Trading of Mattel

Several large investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio raised its stake in Mattel by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 100,310 shares of the company’s stock valued at $1,688,000 after acquiring an additional 623 shares in the last quarter. State of Wyoming grew its stake in shares of Mattel by 4.3% in the third quarter. State of Wyoming now owns 15,251 shares of the company’s stock worth $257,000 after purchasing an additional 634 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Mattel by 8.0% during the fourth quarter. GAMMA Investing LLC now owns 9,344 shares of the company’s stock valued at $185,000 after purchasing an additional 693 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Mattel by 12.6% during the third quarter. Jones Financial Companies Lllp now owns 6,687 shares of the company’s stock valued at $113,000 after purchasing an additional 747 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Mattel by 1.7% during the second quarter. Sei Investments Co. now owns 45,736 shares of the company’s stock valued at $902,000 after purchasing an additional 758 shares in the last quarter. 97.15% of the stock is currently owned by institutional investors and hedge funds.

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.