Mattel, Inc. (MAT)

NASDAQ: MAT · IEX Real-Time Price · USD
18.73
+0.11 (0.59%)
At close: Apr 23, 2024, 4:00 PM
19.00
+0.27 (1.44%)
After-hours: Apr 23, 2024, 7:51 PM EDT
0.59%
Market Cap 6.44B
Revenue (ttm) 5.44B
Net Income (ttm) 214.35M
Shares Out 344.06M
EPS (ttm) 0.60
PE Ratio 31.22
Forward PE 13.37
Dividend n/a
Ex-Dividend Date n/a
Volume 3,701,572
Open 18.63
Previous Close 18.62
Day's Range 18.53 - 18.93
52-Week Range 16.20 - 22.64
Beta 0.98
Analysts Buy
Price Target 22.80 (+21.73%)
Earnings Date Apr 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 10 analysts, the average rating for MAT stock is "Buy." The 12-month stock price forecast is $22.8, which is an increase of 21.73% from the latest price.

Price Target
$22.8
(21.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

13 hours ago - Market Watch

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.

13 hours ago - Reuters

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...

13 hours ago - Business Wire

'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...

1 day ago - CNBC Television

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...

1 day ago - Business Wire

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.

2 days ago - Fox Business

Mattel recalls Donald Duck, Daisy Duck figures over safety fears

Two popular young children's toys have been recalled over fears the products could pose “a risk of serious injury or death from choking” due to a design flaw.

4 days ago - New York Post

Mattel Appoints Brian Fitzharris Senior Vice President and General Manager, Fisher-Price

EAST AURORA, N.Y.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Brian Fitzharris has been appointed as Senior Vice President and General Manager of Fisher-Price, effective April 22...

5 days ago - Business Wire

8 Stocks to Buy Ahead of Earnings

We searched for names whose 2024 earnings expectations have either been revised higher by analysts or kept unchanged since late February, when aggregate earnings estimates for the S&P 500 began to fal...

Other symbols: AMPGMMTDRSHWSTLDSTXWHR
7 days ago - Barrons

Mattel Announces First 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 first quarter 2024 financial results on Tuesday, April 23, 2024, at approximately 4:05 p.m....

19 days ago - Business Wire

Hot Wheels Unveils New Die-Cast to Encourage Open-Ended Play Ahead of Autism Acceptance Month

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Today, Mattel, Inc. (NASDAQ: MAT) announced the Hot Wheels® Flippin Fast™ die-cast, a new vehicle designed to encourage an open-ended play experience, ahead of Aut...

4 weeks ago - Business Wire

Mattel Adventure Park Kansas City Set for 2026 Opening

EL SEGUNDO, Calif. & KANSAS CITY, Kan.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), through a licensing partnership with Epic Resort Destinations, today announced plans for a second Mattel Adventure ...

4 weeks ago - Business Wire

Mattel CEO: Extended our leadership in key toy categories with significant share gain in 2023

Mattel CEO Ynon Kreiz joins 'Squawk Box' to discuss the company's virtual investor day, pressure from activist shareholder, state of the consumer, and more.

6 weeks ago - CNBC Television

Mattel Partners with Atlantis Paradise Island Bahamas to Offer Barbie Bahamas Beach Vacation: Where Atlantis Dreams Come True

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today revealed a celebratory partnership with Atlantis Paradise Island to develop Barbie Bahamas Beach Vacation: Where Atlantis Dreams C...

6 weeks ago - Business Wire

Season Two of Mattel and Nickelodeon's Monster High Animated Series to Debut March 11

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) and Nickelodeon today announced that the second season of the hit animated series Monster High will premiere on Monday, March 11, 2024 a...

6 weeks ago - Business Wire

Barbie is the blueprint as Mattel seeks to revitalize American Girl, Fisher-Price

Mattel is facing activist pressure from Barington Capital, particularly around its strategy with the Fisher-Price and American Girl brands.

6 weeks ago - CNBC

Mattel and Universal Renew Jurassic World Licensing Partnership

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) and Universal Products & Experiences (UP&E) today announced they have renewed their licensing partnership to produce toys inspired by th...

6 weeks ago - Business Wire

Barbie® Celebrates 65 Years of Inspiring Girls to Recognize Their Full Potential

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today its kickoff to celebrate the 65th anniversary of Barbie and over six decades of breaking down boundaries and inspiring g...

7 weeks ago - Business Wire

Barbie Is Turning 65, And Mattel Is Betting On A Birthday Sales Boost

The Barbie doll turns 65 on March 9, and her creator, toymaker Mattel MAT , is celebrating in classic Barbie style, with toy releases featuring nostalgic nods to her best moments over the past six dec...

7 weeks ago - Forbes

Mattel CFO Anthony DiSilvestro to Participate in UBS 2024 Global Consumer and Retail Conference

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that Chief Financial Officer Anthony DiSilvestro will participate in a fireside chat at the UBS Global Consumer and Reta...

7 weeks ago - Business Wire

Mattel kicks off self-publishing for games

Mattel is kicking off its self-published games where it will work with closely with big and small devs making Mattel-branded games.

7 weeks ago - VentureBeat

Mattel delays filing of 2023 annual report

Toymaker Mattel said on Thursday it was unable to file its 2023 annual report within the prescribed time after it identified certain deficiencies, which represented "material weakness" in its internal...

7 weeks ago - Reuters

Mattel Announces 2024 Virtual Investor Presentation

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that it will host a Virtual Investor Presentation to provide a strategic business update and its plans for 2024. The eve...

2 months ago - Business Wire

Mattel Promotes Krista Berger to Senior Vice President, Barbie and Head of Dolls

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) has promoted Krista Berger to Senior Vice President, Barbie and Head of Dolls. It was announced by Lisa McKnight, Executive Vice Preside...

2 months ago - Business Wire

Mattel CEO Talks Barbie, Earnings and American Girl Movie

Mattel CEO Ynon Kreiz discusses the company's fourth-quarter and full-year results, acquisition opportunities and the plans for movies based on American Girl and Bob the Builder. --------

2 months ago - Bloomberg Markets and Finance