|Bid||16.07 x 1000|
|Ask||16.08 x 1200|
|Day's range||15.91 - 16.53|
|52-week range||12.21 - 21.67|
|PE ratio (TTM)||N/A|
|Earnings date||25 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||15.83|
Barbie, the world’s most iconic doll, is venturing into coding skills in her latest career as a robotics engineer. Michelle Hennessy reports.
The Dow Jones Industrial Average gained more than 100 points today and had its best week since June 8. •...and wonder why Mattel (MAT) was the S&P 500's worst performer. Hooray for tariffs! How else to respond to a week that saw the Trump administration announce tariffs on another $200 billion in Chinese goods, only to see the market rally this week, and rally hard?
BP, Mattel, Stitch Fix, Nordstrom and Urban Outfitters highlighted as Zacks Bull and Bear of the Day
Mattel and Hasbro: How Have the Stocks Performed in 2018? In the past 30 days, there have been quite a few changes in the target price and ratings for Mattel stock. On June 28, D.A. Davidson cut the rating on the stock to “underperform” from “neutral.” On June 19, UBS slashed the rating on the stock to “neutral” from “buy.” However, UBS raised the target price for Mattel stock to $18.00 from $17.00 projected earlier.
Mattel and Hasbro: How Have the Stocks Performed in 2018? Mattel (MAT) has been struggling to reverse its declining sales trend. Apart from consumers’ changing preferences and Toys “R” Us filing for bankruptcy, Mattel has many company-specific problems like underperforming brands and rising freight and distribution costs.
As of July 3, Mattel (MAT) and Hasbro’s (HAS) stock prices have risen 8.1% and 2.5% on a YTD (year-to-date) basis. In comparison, the S&P 500 Index (SPY) has risen 1.5% on a YTD basis. Despite the gains, there’s mixed sentiment regarding the toy companies.
Mattel (MAT) shares dropped on a downgrade last week from UBS, and on Thursday, D.A. Davidson is even more bearish on the toy maker. Analyst Linda Bolton Weiser cut her rating on the shares to Underperform from Neutral with a $12 price target today. Bolton Weiser warns that even on her potentially generous 2019 earnings estimates, Mattel's valuation looks quite rich, and that's despite the fact that it faces a number of headwinds, including higher plastic prices, the disruption from the Toys 'R' Us bankruptcy, and difficult comparisons.
Robotics Barbie is a lab-coat-and-glasses-wearing robotics engineer, a far cry from the 1992 “math class is tough” version. Appropriately, she’s also part of a Mattel Inc. initiative to promote new jobs for girls, in line with a public pledge the company made earlier this year. In February, Mattel Senior Vice President Lisa McKnight joined 40 executives onstage at the Makers women’s diversity conference to make a range of commitments toward improving women’s professional lives.
Sluggish sales across major brands, lack of innovative techniques for brand revitalization and the Toys 'R' US liquidation are continuing to hurt Mattel's (MAT) top and bottom lines.
As we mentioned briefly, Mattel (MAT) is dropping on a downgrade from UBS. Analyst Arpine Kocharyan cut her rating on Mattel to Neutral from Buy, although she also raised her price target by $1, to $18.
Mattel Inc. shares fell 5% in Tuesday trading after UBS downgraded the stock to neutral from buy cut its price target to $17 from $18. Analysts say shares of the toy company's stock have risen more than 35% since March but there's been "little change on fundamentals." Moreover, the company now has the additional "execution risk" from an "untested management team and levered balance sheet." U.S. toy sales grew to $20.7 billion in 2017, which also leads analysts to think Mattel has created its own problems, stalling top-line recovery. "Because there is no evidence of industry structural declines, we think Mattel's market share losses have largely been self-inflicted," wrote analysts led by Arpine Kocharyan.
Tellurian TELL dropped more than 5 percent in extended hours training. AMC Entertainment AMC increased by more than 1 percent during after hours trading, before giving up some of its gains. The American theater company is planning on selling its remaining equity interest in National Cinemedia for $157 million in cash.
NEW YORK, June 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Global ...
Jim Cramer zooms through his take on callers' favorite stocks, including a toymaker attracting investors.
For Mattel Inc’s (NASDAQ:MAT) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. MAT is exposed toRead More...
Mattel's (MAT) focus on achieving cumulative cost savings, expansion in international markets and strong product line-up is likely to drive performance.
Mattel (MAT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
If there is anything to glean from all the pay ratio disclosures, it’s that there needs to be more consistency in how they are calculated and reported before they can be useful to investors. When the Securities and Exchange Commission adopted the pay ratio rule nearly three years ago, in which companies were required to report how the annual total compensation of the chief executive officer compares with the median of the annual total compensation of their employees, the idea was to provide more insight into income inequality. One problem that arises is that companies only count what each employee is paid during the year, while CEO compensation could include estimates of market value of unvested stock options and other benefits, such as security measures for a CEO’s residence.
Sixty-three years after her death, Mexican artist Frida Kahlo has achieved a level of fame she never reached in her lifetime, her image emblazoned on mugs, T-shirts, keychains and even underwear. The debate heated up this spring when toymaker Mattel released a Barbie in Kahlo's image, over protests from her family. "Frida Kahlo is not a product or a brand….
Isaac Larian, the toy mogul behind Bratz dolls, has been at odds with Mattel Inc. for more than a decade. Mr. Larian recently offered to merge his MGA Entertainment Inc. with Mattel and put himself at the helm of the combined company, according to correspondence reviewed by The Wall Street Journal and people familiar with the matter. Mattel rejected the approach, which lacked details or financial terms, according to the documents.