Mattel, Inc. (MAT)
Market Cap | 6.83B |
Revenue (ttm) | 5.44B |
Net Income (ttm) | 214.35M |
Shares Out | 353.23M |
EPS (ttm) | 0.60 |
PE Ratio | 32.23 |
Forward PE | 13.81 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,778,696 |
Open | 19.12 |
Previous Close | 19.17 |
Day's Range | 19.07 - 19.51 |
52-Week Range | 16.00 - 22.64 |
Beta | 0.96 |
Analysts | Buy |
Price Target | 22.80 (+17.89%) |
Earnings Date | Apr 24, 2024 |
About MAT
Mattel, Inc., a children's and family entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, Monster High, American Girl, Disney Princess and Frozen, and Polly Pocket brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids of all ages, and collectors unde... [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 $22.8, which is an increase of 17.89% from the latest price.
News
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.
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...
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...
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.
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...
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...
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...
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...
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.
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...
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...
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...
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. --------
Mattel CEO discusses Q4 earnings,' $1 billion buyback, 'Barbie' success
Mattel's (MAT) mainline Barbie brand dominated nearly all corners of culture and conversations happening across various circles in 2023 due to the success of Greta Gerwig's Barbie film. The toymaker r...
Mattel Appoints Christopher Farrell as Executive Vice President and Chief Strategy Officer
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Christopher Farrell has joined the Company as Executive Vice President and Chief Strategy Officer, effective immedi...
Mattel CEO: We are looking to continue developing cultural & societal moments through our products
Mattel Chairman and CEO Ynon Kreiz joins 'Mad Money' host Jim Cramer to talk Q4 earnings, the toy manufacturing space, and more.
Mattel's Holiday Sales Boost Doesn't Make Up For A Tough Year
A holiday boost in toy sales wasn't enough to make up for sales declines during the rest of the year, leaving Mattel MAT to end 2023 with full-year net sales down 1% in constant currency, compared to ...
Mattel Targets D2C Opportunity as Barbie Fever Supercharges Doll Sales
It has been a good year for Mattel, and the toy giant is looking to capitalize on the recent surge in enthusiasm to drive digital and direct-to-consumer (D2C) sales. In a presentation shared with anal...
Mattel announces cost cuts after fourth-quarter results miss expectations
Toy maker Mattel Inc. on Wednesday reported fourth-quarter results that missed expectations, and the company said it planned to cut costs this year while continuing to buy back stock.
Mattel misses holiday-quarter estimates, sees dull 2024 sales on tepid toy demand
Mattel missed market estimates for holiday-quarter sales and profit, and forecast tepid 2024 sales on Wednesday as soft demand for toys overshadows gains from its blockbuster movie "Barbie".
Mattel Reports Fourth Quarter and Full Year 2023 Financial Results
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today reported fourth quarter and full year 2023 financial results. Ynon Kreiz, Chairman and CEO of Mattel, said: “2023 was a milestone ...
Julius Genachowski and Dawn Ostroff Join Mattel Board of Directors
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Julius Genachowski and Dawn Ostroff have joined the Company's Board of Directors, effective February 5, 2024. The n...
Mattel's Head of Fisher-Price to Depart as Sales Lag
The management change was made to match the company's plans for the infant and toddler category, a Mattel spokesperson said.
Mattel Television Studios' Barbie and Stacie to the Rescue to Debut March 14 on Netflix
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Barbie, Stacie and friends are returning for an all-new journey in Barbie and Stacie to the Rescue. Coming to Netfl...
Barbie-owner Mattel courted by activist investor in bid to boost toymaker's lackluster stock
Move over Ken, Barbie has a new suitor. New York-based investment company Barington Capital Group has built an undisclosed stake in Barbie-owner Mattel and wants to swoop in to create value for shareh...