A number of other equities research analysts have also issued reports on the company. BidaskClub lowered Mattel from a hold rating to a sell rating in a research note on Saturday, January 13th. Stifel Nicolaus cut their price target on Mattel from $19.00 to $17.00 and set a hold rating for the company in a research note on Thursday, October 12th. Jefferies Group set a $14.00 price target on Mattel and gave the stock a hold rating in a research note on Tuesday, December 12th. Zacks Investment Research upgraded Mattel from a strong sell rating to a hold rating in a research note on Tuesday, December 26th. Finally, Monness Crespi & Hardt increased their price target on Mattel from $22.00 to $27.00 and gave the stock a buy rating in a research note on Wednesday, October 11th. Thirteen research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Mattel currently has a consensus rating of Hold and a consensus price target of $19.00.
Shares of Mattel (NASDAQ:MAT) opened at $16.00 on Monday. The company has a quick ratio of 1.55, a current ratio of 1.92 and a debt-to-equity ratio of 2.28. The company has a market capitalization of $5,500.00, a price-to-earnings ratio of -5.23, a PEG ratio of 14.07 and a beta of 1.00. Mattel has a 12 month low of $12.71 and a 12 month high of $26.30.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Highlander Capital Management LLC bought a new position in shares of Mattel during the 2nd quarter valued at about $105,000. Calton & Associates Inc. bought a new position in shares of Mattel during the 4th quarter valued at about $112,000. Zeke Capital Advisors LLC bought a new position in shares of Mattel during the 3rd quarter valued at about $163,000. Hartland & Co. LLC bought a new position in shares of Mattel during the 3rd quarter valued at about $165,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of Mattel during the 4th quarter valued at about $206,000. 93.86% of the stock is owned by institutional investors and hedge funds.
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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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