Mattel, Inc. (MAT)

NASDAQ: MAT · IEX Real-Time Price · USD
19.17
+0.26 (1.37%)
At close: Jul 26, 2024, 4:00 PM
18.84
-0.33 (-1.72%)
After-hours: Jul 26, 2024, 5:48 PM EDT
1.37%
Market Cap 6.60B
Revenue (ttm) 5.44B
Net Income (ttm) 292.54M
Shares Out 344.10M
EPS (ttm) 0.82
PE Ratio 23.38
Forward PE 13.65
Dividend n/a
Ex-Dividend Date n/a
Volume 3,390,631
Open 19.05
Previous Close 18.91
Day's Range 18.84 - 19.29
52-Week Range 15.87 - 22.44
Beta 0.87
Analysts Buy
Price Target 23.00 (+19.98%)
Earnings Date Jul 23, 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]

Industry Leisure
Founded 1945
Employees 33,000
Stock Exchange NASDAQ
Ticker Symbol MAT
Full Company Profile

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 Statements

Analyst Forecast

According to 9 analysts, the average rating for MAT stock is "Buy." The 12-month stock price forecast is $23.0, which is an increase of 19.98% from the latest price.

Price Target
$23.0
(19.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mattel and A Parent Media Co. Inc. to Bring Beloved Franchise Series to Kidoodle.TV Service

EL SEGUNDO, Calif. & CALGARY, Alberta--(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 wo...

1 day ago - Business Wire

Mattel's Turnaround Toy Story Is Working, But Will Investors Buy It?

Mattel delivered new evidence in its second-quarter earnings report that its turnaround plan is working. But the boost in the company's stock today most likely is a reaction to a rumored buyout attemp...

2 days ago - Forbes

Mattel CEO Ynon Kreiz talks quarterly results with Jim Cramer

Mattel Chairman and CEO Ynon Kreiz joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, and more.

2 days ago - CNBC Television

We continue to strengthen our balance sheet, says Mattel CEO Ynon Kreiz

Mattel Chairman and CEO Ynon Kreiz joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, and more.

2 days ago - CNBC Television

Mattel's quarterly sales fell. But the months ahead will be better, executives say.

Mattel Inc. on Tuesday said it expected to grow both profits and sales next year and said more new products and shelf space from retailers would help momentum for the second half of this year, and the...

3 days ago - Market Watch

Mattel CEO sidesteps takeover report, says he's confident in toymaker's strategy as 'standalone company'

In a Tuesday interview with CNBC's Jim Cramer, Mattel CEO Ynon Kreiz said he's positive about the Barbie maker's success as its own company. According to a Reuters report, private equity firm L Catter...

3 days ago - CNBC

Mattel Sales Declines Slow as Toys Make a Cautious Comeback

After years of consumers cutting back on nonessential retail purchases, Mattel is now starting to feel optimistic about the future of toys sales. On Tuesday (July 23), the toy and entertainment giant,...

3 days ago - PYMNTS

Toymaker Mattel tops quarterly profit estimates on cost controls

Mattel beat Wall Street estimates for second-quarter profit on Tuesday, aided by the toymaker's tight cost controls while posting a surprise drop in sales.

3 days ago - Reuters

Mattel Reports Second Quarter 2024 Financial Results

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today reported second quarter 2024 financial results. Ynon Kreiz, Chairman and CEO of Mattel, said: “This was a good quarter for Mattel,...

3 days ago - Business Wire

Mattel Partners with AthLife to Launch Branded Experiences at Sporting Events Nationwide

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 announce...

3 days ago - Business Wire

Toy Maker Mattel's Stock Soars on Reported L Catterton Buyout Offer

Mattel (MAT) shares soared over 15% Monday, nearly erasing year-to-date losses following a report it received an acquisition offer from LVMH-backed private equity firm L Catterton. L Catterton is back...

4 days ago - Investopedia

Mattel's stock rallies on news of acquisition offer as Hasbro may enter the fray

D.A. Davidson says Mattel ‘fits the bill' as a private-equity takeover target thanks to its low valuation and high free cash flow

Other symbols: HAS
4 days ago - Market Watch

Toy maker Mattel receives buyout offer from L Catterton, sending shares soaring 20%

The move could prompt other potential suitors to consider bids for Mattel, including rival Hasbro.

4 days ago - New York Post

Exclusive: Buyout firm L Catterton approaches Mattel with acquisition offer, sources say

L Catterton, the private equity firm backed by luxury goods giant LVMH , has approached Mattel , the toy maker behind Barbie and Hot Wheels, with an acquisition offer, people familiar with the matter ...

4 days ago - Reuters

Mattel and Outright Games Bring Monster High to All Consoles and PC This Fall

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...

4 days ago - Business Wire

Mattel doesn't need 'Barbie'-like returns for all its films: CEO

Mattel is still riding high following the success of Barbie. However, the toy company has 16 movies in development, with properties such as Masters of the Universe and Hot Wheels having projects in th...

22 days ago - Yahoo Finance

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....

24 days ago - Business Wire

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.

4 weeks ago - CNBC

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.

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire