Several brokerages have updated their recommendations and price targets on shares of Mattel (NASDAQ: MAT) in the last few weeks:

  • 8/11/2017 – Mattel was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/5/2017 – Mattel was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/3/2017 – Mattel had its “hold” rating reaffirmed by analysts at Stifel Nicolaus.
  • 8/3/2017 – Mattel was downgraded by analysts at DA Davidson from a “neutral” rating to an “underperform” rating. They now have a $18.00 price target on the stock, down previously from $22.00.
  • 7/28/2017 – Mattel had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $17.00 price target on the stock, down previously from $19.00.
  • 7/28/2017 – Mattel was given a new $26.00 price target on by analysts at UBS AG. They now have a “buy” rating on the stock.
  • 7/28/2017 – Mattel had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $25.00 price target on the stock, down previously from $30.00.
  • 7/5/2017 – Mattel was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/3/2017 – Mattel had its price target lowered by analysts at MKM Partners from $24.00 to $22.00. They now have a “buy” rating on the stock.
  • 6/21/2017 – Mattel had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $26.00 price target on the stock, down previously from $29.00.
  • 6/21/2017 – Mattel had its price target lowered by analysts at Stifel Nicolaus from $23.00 to $20.00. They now have a “hold” rating on the stock.
  • 6/20/2017 – Mattel was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 6/19/2017 – Mattel had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $19.00 price target on the stock.
  • 6/16/2017 – Mattel had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a $22.00 price target on the stock, down previously from $25.00.
  • 6/16/2017 – Mattel had its price target lowered by analysts at Barclays PLC from $25.00 to $22.00. They now have an “equal weight” rating on the stock.
  • 6/15/2017 – Mattel was downgraded by analysts at DA Davidson from a “buy” rating to a “neutral” rating. They now have a $24.00 price target on the stock, down previously from $30.00.
  • 6/15/2017 – Mattel had its price target lowered by analysts at Monness Crespi & Hardt from $29.00 to $27.00. They now have a “buy” rating on the stock.
  • 6/12/2017 – Mattel had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a $30.00 price target on the stock.

Shares of Mattel, Inc. (NASDAQ:MAT) traded down 0.310% during trading on Friday, hitting $17.685. 1,525,262 shares of the stock were exchanged. Mattel, Inc. has a one year low of $17.65 and a one year high of $34.20. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 25.373 and a beta of 0.84. The stock’s 50 day moving average price is $20.38 and its 200-day moving average price is $23.30.

Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Thursday, July 27th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.05. Mattel had a return on equity of 11.62% and a net margin of 4.51%. The company had revenue of $974.50 million during the quarter, compared to analyst estimates of $972.36 million. During the same quarter in the prior year, the company posted ($0.02) earnings per share. The business’s revenue was up 1.8% compared to the same quarter last year. On average, analysts predict that Mattel, Inc. will post $0.80 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Wednesday, August 23rd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, August 21st. This represents a $0.60 annualized dividend and a dividend yield of 3.38%. Mattel’s dividend payout ratio is currently 220.29%.

In related news, CEO Mary Margaret Hasti Georgiadis acquired 12,660 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were purchased at an average cost of $19.61 per share, for a total transaction of $248,262.60. Following the acquisition, the chief executive officer now owns 116,788 shares in the company, valued at approximately $2,290,212.68. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.88% of the company’s stock.

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.

Receive News & Ratings for Mattel Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mattel Inc and related companies with MarketBeat.com's FREE daily email newsletter.