Mattel, Inc. (NASDAQ:MAT) Stock Has Consensus Target Price of $18.00 According to Brokerages

Shares of Mattel, Inc. (NASDAQ:MAT – Get Free Report) have been assigned an average recommendation of “Hold” from the thirteen analysts that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $18.00.

Several analysts recently commented on MAT shares. Seaport Research Partners raised Mattel from a “neutral” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Monday, October 12th. Citigroup boosted their price target on Mattel from $15.00 to $17.00 and gave the company a “neutral” rating in a report on Tuesday, October 13th. Odeon Capital Group started coverage on shares of Mattel in a report on Thursday, July 16th. They set a “buy” rating for the company. Roth Capital decreased their target price on shares of Mattel from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Finally, Weiss Ratings downgraded shares of Mattel from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, August 11th.

Get Our Latest Report on Mattel

Mattel Trading Down 1.0%

Shares of NASDAQ:MAT opened at $15.28 on Monday. The company has a quick ratio of 1.26, a current ratio of 1.90 and a debt-to-equity ratio of 1.17. Mattel has a 52-week low of $12.40 and a 52-week high of $22.48. The stock has a market cap of $4.37 billion, a price-to-earnings ratio of 11.24, a PEG ratio of 1.74 and a beta of 0.70. The business has a 50-day moving average price of $14.95 and a 200-day moving average price of $15.59.

Mattel (NASDAQ:MAT – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.10 billion. Mattel had a return on equity of 16.20% and a net margin of 7.79%. Mattel’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.19 EPS. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. Equities analysts predict that Mattel will post 1.30 EPS for the current year.

Insider Buying and Selling at Mattel

In related news, EVP Roberto Isaias sold 39,083 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $15.02, for a total value of $587,026.66. Following the completion of the transaction, the executive vice president owned 144,390 shares of the company’s stock, valued at approximately $2,168,737.80. This represents a 21.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Mattel

A number of large investors have recently modified their holdings of the business. SJS Investment Consulting Inc. grew its position in Mattel by 2,959.6% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company’s stock valued at $25,000 after acquiring an additional 1,687 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Mattel during the 2nd quarter worth $37,000. Global Retirement Partners LLC acquired a new stake in Mattel in the second quarter valued at about $38,000. Rakuten Securities Inc. purchased a new stake in Mattel during the second quarter worth about $42,000. Finally, Farther Finance Advisors LLC grew its holdings in Mattel by 253.8% in the third quarter. Farther Finance Advisors LLC now owns 3,559 shares of the company’s stock valued at $45,000 after purchasing an additional 2,553 shares during the last quarter. Hedge funds and other institutional investors own 97.15% of the company’s stock.

About Mattel

(Get Free Report)

Mattel, Inc is a global toy and entertainment company that designs, manufactures and markets a broad portfolio of toys, games and consumer products. Its best-known brands include Barbie, Hot Wheels, Fisher-Price, American Girl, Matchbox, UNO, Masters of the Universe and Thomas & Friends. Mattel also develops entertainment content and licenses its intellectual property for use in consumer products, digital experiences and other media.

Founded in 1945, Mattel has expanded from a U.S.

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Analyst Recommendations for Mattel (NASDAQ:MAT)

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