Mattel (NASDAQ:MAT) Price Target Raised to $30.00

Mattel (NASDAQ:MAT) had its price objective hoisted by DA Davidson from $27.00 to $30.00 in a research report released on Wednesday,Benzinga reports. DA Davidson currently has a buy rating on the stock. DA Davidson also issued estimates for Mattel’s FY2026 earnings at $1.78 EPS.

A number of other research analysts also recently weighed in on MAT. Bank of America raised their price target on Mattel from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Jefferies Financial Group upgraded Mattel from a “hold” rating to a “buy” rating and raised their price target for the company from $20.00 to $28.00 in a research note on Wednesday. StockNews.com downgraded Mattel from a “buy” rating to a “hold” rating in a research note on Friday, January 31st. Morgan Stanley raised their price target on Mattel from $22.00 to $23.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised their price objective on Mattel from $22.00 to $23.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.57.

Mattel Stock Up 0.2 %

NASDAQ:MAT opened at $21.48 on Wednesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.88 and a current ratio of 2.45. The company has a market cap of $7.24 billion, a PE ratio of 13.43, a PEG ratio of 0.88 and a beta of 0.76. Mattel has a 52-week low of $15.87 and a 52-week high of $21.88. The stock has a 50-day simple moving average of $18.56 and a 200 day simple moving average of $18.85.

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 return on equity of 25.39% and a net margin of 10.24%. During the same quarter in the prior year, the firm earned $0.29 earnings per share. On average, sell-side analysts expect that Mattel will post 1.5 EPS for the current fiscal year.

Institutional Trading of Mattel

A number of hedge funds have recently made changes to their positions in MAT. UMB Bank n.a. lifted its holdings in Mattel by 584.3% during the 3rd quarter. UMB Bank n.a. now owns 1,485 shares of the company’s stock worth $28,000 after purchasing an additional 1,268 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in Mattel during the 3rd quarter worth approximately $29,000. Prospera Private Wealth LLC acquired a new stake in Mattel during the 3rd quarter worth approximately $34,000. West Oak Capital LLC lifted its holdings in Mattel by 9,775.0% during the 4th quarter. West Oak Capital LLC now owns 1,975 shares of the company’s stock worth $35,000 after purchasing an additional 1,955 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Mattel by 38.3% during the 3rd quarter. GAMMA Investing LLC now owns 2,797 shares of the company’s stock worth $53,000 after purchasing an additional 775 shares during the last quarter. 97.15% of the stock is owned by institutional investors and hedge funds.

About Mattel

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.