Mattel (MAT) Earns News Sentiment Rating of 0.15

News articles about Mattel (NASDAQ:MAT) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Mattel earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.6585991509633 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

A number of equities research analysts have recently issued reports on the stock. UBS AG reissued a “buy” rating and issued a $29.00 price target on shares of Mattel in a report on Friday, May 19th. BMO Capital Markets restated a “buy” rating on shares of Mattel in a research report on Wednesday, June 7th. B. Riley restated a “buy” rating and issued a $30.50 price objective on shares of Mattel in a research report on Wednesday, April 26th. DA Davidson cut shares of Mattel from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $30.00 to $24.00 in a research report on Thursday, June 15th. Finally, Jefferies Group LLC restated a “hold” rating and issued a $19.00 price objective on shares of Mattel in a research report on Monday, June 19th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. Mattel presently has an average rating of “Hold” and an average price target of $26.53.

Mattel (MAT) opened at 17.51 on Friday. Mattel has a 12 month low of $17.46 and a 12 month high of $34.20. The firm’s 50-day moving average is $20.30 and its 200-day moving average is $23.21. The company has a market capitalization of $6.00 billion, a PE ratio of 25.12 and a beta of 0.84.

Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Thursday, July 27th. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by $0.05. The company had revenue of $974.50 million for the quarter, compared to analysts’ expectations of $972.36 million. Mattel had a return on equity of 11.62% and a net margin of 4.51%. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter last year, the company earned ($0.02) earnings per share. Equities analysts anticipate that Mattel will post $0.80 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Wednesday, August 23rd will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Monday, August 21st. Mattel’s dividend payout ratio (DPR) is currently 220.29%.

In related news, CEO Mary Margaret Hasti Georgiadis acquired 12,660 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was purchased at an average cost of $19.61 per share, for a total transaction of $248,262.60. Following the purchase, the chief executive officer now directly owns 116,788 shares of the company’s stock, valued at approximately $2,290,212.68. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.88% of the company’s stock.

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Mattel Company Profile

Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.

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