Recent Research Analysts’ Ratings Changes for Mattel (MAT)

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

• 2/8/2025 – Mattel was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 2/5/2025 – Mattel had its price target raised by analysts at Morgan Stanley from $22.00 to $23.00. They now have an “equal weight” rating on the stock.
• 2/5/2025 – Mattel had its price target raised by analysts at DA Davidson from $27.00 to $30.00. They now have a “buy” rating on the stock.
• 2/5/2025 – Mattel was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $28.00 price target on the stock, up previously from $20.00.
• 1/31/2025 – Mattel was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/23/2025 – Mattel was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/15/2025 – Mattel was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/2/2025 – Mattel was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 12/24/2024 – Mattel was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Mattel Stock Performance

NASDAQ MAT opened at $21.94 on Tuesday. Mattel, Inc. has a 52-week low of $15.87 and a 52-week high of $22.07. The company has a 50-day simple moving average of $18.86 and a 200 day simple moving average of $18.97. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.88 and a current ratio of 2.38. The company has a market capitalization of $7.39 billion, a PE ratio of 13.71, a price-to-earnings-growth ratio of 2.32 and a beta of 0.76.

Mattel (NASDAQ:MAT) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.15. Mattel had a net margin of 10.07% and a return on equity of 25.94%. During the same quarter in the prior year, the firm earned $0.29 earnings per share. On average, research analysts predict that Mattel, Inc. will post 1.69 EPS for the current year.

Institutional Trading of Mattel

Large investors have recently added to or reduced their stakes in the stock. EdgePoint Investment Group Inc. increased its stake in shares of Mattel by 14.9% in the fourth quarter. EdgePoint Investment Group Inc. now owns 46,174,919 shares of the company’s stock worth $818,681,000 after purchasing an additional 5,984,400 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Mattel by 84.0% in the third quarter. Franklin Resources Inc. now owns 9,352,223 shares of the company’s stock valued at $176,757,000 after acquiring an additional 4,270,162 shares during the period. Norges Bank bought a new position in shares of Mattel in the fourth quarter valued at approximately $54,929,000. Hennessy Advisors Inc. bought a new position in shares of Mattel in the fourth quarter valued at approximately $53,238,000. Finally, Invesco Ltd. boosted its position in shares of Mattel by 468.3% in the fourth quarter. Invesco Ltd. now owns 3,394,958 shares of the company’s stock valued at $60,193,000 after acquiring an additional 2,797,559 shares during the period. Hedge funds and other institutional investors own 97.15% of the company’s stock.

Mattel, Inc, a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Hot Wheels Monster Trucks, Hot Wheels Mario Kart, Matchbox, and Cars brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other consumer products under the Fisher-Price, Little People and Imaginext, and Thomas & Friends, and Power wheels brands.