Analysts Set Mattel, Inc. (NASDAQ:MAT) PT at $18.38

Mattel, Inc. (NASDAQ:MAT) has earned an average rating of “Hold” from the eleven ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $18.6250.

Several research firms have recently issued reports on MAT. Citigroup cut Mattel from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $25.00 to $16.00 in a research note on Wednesday, February 11th. Weiss Ratings upgraded shares of Mattel from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. JPMorgan Chase & Co. cut shares of Mattel from a “neutral” rating to an “underweight” rating and set a $14.00 target price on the stock. in a research note on Wednesday, February 11th. UBS Group reaffirmed a “buy” rating on shares of Mattel in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group decreased their price objective on shares of Mattel from $25.00 to $19.00 and set a “buy” rating for the company in a report on Wednesday, February 11th.

Institutional Trading of Mattel

Hedge funds and other institutional investors have recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its holdings in shares of Mattel by 537.7% in the third quarter. Cornerstone Planning Group LLC now owns 1,352 shares of the company’s stock valued at $25,000 after buying an additional 1,140 shares during the period. Quarry LP bought a new stake in Mattel in the third quarter worth about $28,000. Los Angeles Capital Management LLC acquired a new stake in Mattel in the 4th quarter valued at about $31,000. Atlas Capital Advisors Inc. bought a new position in shares of Mattel during the 4th quarter valued at about $36,000. Finally, Farther Finance Advisors LLC grew its stake in shares of Mattel by 107.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,023 shares of the company’s stock worth $40,000 after purchasing an additional 1,048 shares during the last quarter. Institutional investors own 97.15% of the company’s stock.

Mattel Price Performance

Shares of NASDAQ:MAT opened at $17.41 on Wednesday. The firm’s 50 day moving average is $20.11 and its two-hundred day moving average is $19.09. The firm has a market capitalization of $5.41 billion, a P/E ratio of 13.82, a PEG ratio of 2.48 and a beta of 0.70. The company has a current ratio of 2.15, a quick ratio of 1.76 and a debt-to-equity ratio of 1.04. Mattel has a 52 week low of $13.94 and a 52 week high of $22.48.

Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.39 earnings per share (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 business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same period last year, the company earned $0.35 earnings per share. The business’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. Analysts anticipate that Mattel will post 1.7 earnings per share for the current year.

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.