Mattel, Inc. (MAT)
| Market Cap | 5.59B |
| Revenue (ttm) | 5.44B |
| Net Income (ttm) | 292.54M |
| Shares Out | 344.10M |
| EPS (ttm) | 0.82 |
| PE Ratio | 19.82 |
| Forward PE | 11.73 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,509,348 |
| Open | 16.21 |
| Previous Close | 16.22 |
| Day's Range | 16.13 - 16.36 |
| 52-Week Range | 16.08 - 22.64 |
| Beta | 0.91 |
| Analysts | Buy |
| Price Target | 23.10 (+42.15%) |
| Earnings Date | Jul 24, 2024 |
About MAT
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 accesso... [Read more]
Financial Performance
In 2023, Mattel's revenue was $5.44 billion, an increase of 0.12% compared to the previous year's $5.43 billion. Earnings were $214.35 million, a decrease of -45.58%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for MAT stock is "Buy." The 12-month stock price forecast is $23.1, which is an increase of 42.15% from the latest price.
News
Mattel Announces Second Quarter 2024 Financial Results and Conference Call Date
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that it plans to release its second quarter 2024 financial results on Tuesday, July 23, 2024, at approximately 4:05 p.m....
Mattel's UNO and other popular games will become colorblind accessible
Mattel announced that 80% of its games will be colorblind accessible by the end of 2024. The company plans to raise this amount to 90% in 2025.
Mattel Announces 80% of Global Games Portfolio Will be Colorblind Accessible by End of 2024 to Support Diverse, Equitable, and Inclusive Communities
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel announces 80% of global games portfolio will be colorblind accessible by end of 2024 to support diverse, equitable, and inclusive communities.
California Becomes First West Coast State to Proclaim June 11 as “International Day of Play”; Mattel Recognized for Its Leadership by California State Legislature
EL SEGUNDO, Calif.--(BUSINESS WIRE)--The California State Legislature has recognized Mattel for its dedication to creating play experiences that bring joy and enrichment to children's lives as part of...
Mattel and Outright Games to Bring Matchbox Driving Adventures to Consoles and PC This September
EL SEGUNDO, Calif. & LONDON--(BUSINESS WIRE)--Mattel, Inc. (Nasdaq: MAT), a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, in co...
Mattel Films Partners with Universal Pictures and Akiva Goldsman for Monster High Feature Film
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) has partnered with Universal Pictures and Academy Award-winning producer/screenwriter Akiva Goldsman under his banner, Weed Road, to dev...
Mattel Television Studios Announces New Animated Series, Barbie Mysteries: The Great Horse Chase to Debut on Netflix This Fall
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced Barbie Mysteries: The Great Horse Chase, Mattel Television Studios' all-new animated children's series, will debut globa...
Mattel to Participate in Stifel's 2024 Cross Sector Insight Conference
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that Anthony DiSilvestro, Mattel's Chief Financial Officer, will participate in a fireside chat at Stifel's 2024 Cross S...
Mattel and Outright Games Launch Multi-Year Partnership to Create Series of Games for Console and PC
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world, today announced...
Barbie Celebrates Role-Model Athletes Who Have Broken Boundaries to Encourage Girls to Stay in Sports and Recognize Their Full Potential
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today, in continued celebration of Barbie's 65th anniversary, the brand will honor nine athletes around the world – including ...
Fisher-Price® Introduces New Premium Wooden Toys to Inspire Creativity and Promote Development in Young Children
EAST AURORA, N.Y.--(BUSINESS WIRE)--Fisher-Price® introduces new premium wooden toys to inspire creativity and promote development in young children.
Three American Girl Classics Are Back! Kirsten™, Addy™, and Josefina™ Return to Flagship Historical Line With Original Tribute Collections
MIDDLETON, Wis.--(BUSINESS WIRE)--American Girl releases fun new collections to its flagship historical line for fans of all ages.
Mattel CEO discusses bringing Masters of the Universe to the box office
Mattel (MAT) is hoping that He-Man and his Power Sword can bring the same magic that Barbie brought to the box office. The company recently announced it's teaming up with Amazon MGM Studios (AMZN) to ...
Mattel to Participate in J.P. Morgan's 52nd Annual Global Technology, Media and Communications Conference
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that Ynon Kreiz, Mattel's Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel's Chief Financial Office...
Mattel Appoints Karen Ancira Executive Vice President and Chief People Officer
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Karen Ancira has been appointed Executive Vice President and Chief People Officer for the company, effective May 15...
Mattel CEO: The success of the 'Barbie' movie was a great showcase of the strength of our brand
Mattel CEO Ynon Kreiz joins CNBC's 'Money Movers' to discuss the company's next step after the success of 'Barbie,' the state of toy industry, and more
Matchbox Launches New Mercedes-Benz Die-Cast Car to Celebrate the Reveal of the All-New Electric G-Class
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Today, Mattel, Inc. (NASDAQ: MAT) announced the Matchbox® Mercedes-Benz G 580 with EQ Technology die-cast car. The new die-cast vehicle was created to celebrate th...
Mattel to Bring Three Channels to Samsung TV Plus
EL SEGUNDO, Calif. & NEW YORK--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) has partnered with Samsung to deliver its first three 24/7 Free Ad Supported Streaming (FAST) channels on Samsung TV Plus, Sa...
Investors Reward Hasbro, Mattel For Cost Cuts, Inventory Reductions
The two biggest U.S. toymakers, Hasbro Hasbro and Mattel Mattel , saw their stock prices jump today despite both companies reporting sales declines during the first quarter.
Mattel says toy demand is improving, and shares are rallying
Toy maker Mattel Inc. on Tuesday reported a narrower quarterly loss than expected, while holding to its full-year profit outlook and citing an improvement in demand after two years of weaker enthusias...
Toymaker Mattel's quarterly loss smaller than expected as cost cuts pay off
Mattel posted a smaller-than-expected loss for the first quarter on Tuesday, helped by the Barbie maker's tight leash on costs while demand remains tepid for its toys and games.
Mattel Reports First Quarter 2024 Financial Results
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today reported first quarter 2024 financial results. Ynon Kreiz, Chairman and CEO of Mattel, said: “We are off to a good start to the ye...
'Mattel is a turnaround story' when it comes to sustainability, says Helen Mbugua-Kahuki
Helen Mbugua-Kahuki, director of research at Calvert Research & Management, joins CNBC's 'The Exchange' to discuss sustainability stock picks, how the toymaker behind Barbie is going greener, and more...
Seventh Annual Hot Wheels™ Legends Tour Presented by Mobil 1 Kicks Off on May 11 in Miami
EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Hot Wheels Legends Tour presented by Mobil 1 is a global phenomenon and back for its seventh year in search of the next Garage of Legends inductee. Beginning M...
Iconic toy maker 'capitalizing' on new industry trends: 'Game play is here to stay'
A spokesperson for Mattel commented on the manufacturer's newly released Scrabble Together game and detailed efforts to stay competitive in the changing industry landscape.