Mattel (NASDAQ:MAT – Get Rating) had its goal worth minimize by MKM Companions from $34.00 to $30.00 in a analysis report issued to purchasers and buyers on Thursday, Benzinga stories. The brokerage presently has a “purchase” ranking on the inventory. MKM Companions’ worth goal signifies a possible upside of 31.81% from the inventory’s present worth.
Individually, StockNews.com minimize shares of Mattel from a “purchase” ranking to a “maintain” ranking in a report on Monday, July 4th. One equities analysis analyst has rated the inventory with a maintain ranking and 6 have assigned a purchase ranking to the corporate’s inventory. Primarily based on information from MarketBeat.com, Mattel presently has a consensus ranking of “Reasonable Purchase” and a median worth goal of $33.33.
Shares of NASDAQ MAT opened at $22.76 on Thursday. Mattel has a 12 month low of $17.94 and a 12 month excessive of $26.99. The inventory has a 50 day shifting common of $23.81 and a 200-day shifting common of $23.09. The corporate has a present ratio of 1.71, a fast ratio of 1.08 and a debt-to-equity ratio of 1.44. The corporate has a market capitalization of $8.02 billion, a P/E ratio of seven.69 and a beta of 1.26.
Mattel (NASDAQ:MAT – Get Rating) final launched its quarterly earnings information on Wednesday, April twenty seventh. The corporate reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.13. The agency had income of $1.04 billion through the quarter, in comparison with analysts’ expectations of $931.83 million. Mattel had a internet margin of 18.75% and a return on fairness of 42.01%. Throughout the identical interval within the earlier 12 months, the enterprise posted ($0.10) earnings per share. Analysts predict that Mattel will publish 1.48 EPS for the present fiscal 12 months.
A number of institutional buyers and hedge funds have not too long ago added to or decreased their stakes in MAT. State of Alaska Division of Income elevated its stake in Mattel by 127.8% within the second quarter. State of Alaska Division of Income now owns 112,229 shares of the corporate’s inventory valued at $2,505,000 after buying an extra 62,961 shares over the past quarter. Cullinan Associates Inc. acquired a brand new place in shares of Mattel through the 2nd quarter price $527,000. Neuberger Berman Group LLC lifted its place in shares of Mattel by 82.0% through the 1st quarter. Neuberger Berman Group LLC now owns 28,044 shares of the corporate’s inventory price $623,000 after shopping for an extra 12,632 shares over the past quarter. Capital Worldwide Traders boosted its stake in Mattel by 6.3% within the first quarter. Capital Worldwide Traders now owns 11,648,917 shares of the corporate’s inventory valued at $258,722,000 after shopping for an extra 693,226 shares within the final quarter. Lastly, Virtu Monetary LLC acquired a brand new place in Mattel through the first quarter price about $321,000. 97.94% of the inventory is at the moment owned by institutional buyers.
Mattel Firm Profile (Get Rating)
Mattel, Inc, a kids’s leisure firm, designs and produces toys and client merchandise worldwide. The corporate operates via North America, Worldwide, and American Lady segments. It affords dolls and equipment, in addition to content material, gaming, and life-style merchandise for kids underneath the Barbie, Monster Excessive, American Lady, Polly Pocket, Spirit, and Enchantimals manufacturers; dolls and books underneath the American Lady model identify; die-cast autos, tracks, playsets, and equipment for youths of all ages, and collectors underneath the Scorching Wheels, Monster Vehicles, Matchbox, CARS, and Mario Kart model names; and toddler, toddler, and preschool merchandise comprising content material, toys, dwell occasions, and different life-style merchandise underneath the Fisher-Worth and Thomas & Mates, Energy wheels, and Fireman Sam manufacturers.
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