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

Mattel, Inc. (NASDAQ:MAT) has earned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $18.00.

Several equities analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Mattel from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 11th. UBS Group reiterated a “buy” rating on shares of Mattel in a research note on Thursday, October 1st. Roth Capital lowered their price target on shares of Mattel from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Citigroup raised their price objective on shares of Mattel from $15.00 to $17.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 13th. Finally, Odeon Capital Group began coverage on shares of Mattel in a research report on Thursday, July 16th. They set a “buy” rating for the company.

Mattel Price Performance

NASDAQ:MAT opened at $15.42 on Monday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.26 and a current ratio of 1.90. The stock’s 50-day simple moving average is $14.98 and its 200 day simple moving average is $15.53. The company has a market cap of $4.41 billion, a P/E ratio of 11.34, a P/E/G ratio of 1.64 and a beta of 0.70. Mattel has a 52-week low of $12.40 and a 52-week high of $22.48.

Mattel (NASDAQ:MAT) last issued its earnings results on Tuesday, August 4th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Mattel had a return on equity of 16.20% and a net margin of 7.79%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the previous year, the firm posted $0.19 earnings per share. Mattel’s quarterly revenue was up 10.5% on a year-over-year basis. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. As a group, sell-side analysts forecast that Mattel will post 1.30 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Roberto Isaias sold 39,083 shares of Mattel stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $15.02, for a total transaction of $587,026.66. Following the completion of the sale, the executive vice president directly owned 144,390 shares of the company’s stock, valued at approximately $2,168,737.80. This trade represents a 21.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. SJS Investment Consulting Inc. raised its holdings in shares of Mattel by 2,959.6% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,744 shares of the company’s stock worth $25,000 after buying an additional 1,687 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Mattel in the second quarter valued at about $37,000. Global Retirement Partners LLC acquired a new stake in Mattel in the second quarter valued at about $38,000. Rakuten Securities Inc. acquired a new stake in Mattel in the second quarter valued at about $42,000. Finally, Farther Finance Advisors LLC grew its position 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 acquiring an additional 2,553 shares during the last quarter. Institutional investors and hedge funds own 97.15% of the company’s stock.

About Mattel

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.