Mattel (NASDAQ:MAT) Research Coverage Started at Odeon Capital Group

Odeon Capital Group initiated coverage on shares of Mattel (NASDAQ:MAT) in a research report sent to investors on Thursday morning, Marketbeat.com reports. The brokerage issued a buy rating on the stock.

Other analysts also recently issued reports about the company. Jefferies Financial Group reiterated a “buy” rating on shares of Mattel in a research report on Wednesday, May 6th. The Goldman Sachs Group downgraded Mattel from a “neutral” rating to a “sell” rating and dropped their price target for the company from $15.00 to $12.00 in a research note on Thursday, July 9th. JPMorgan Chase & Co. cut their price objective on shares of Mattel from $14.00 to $13.00 and set an “underweight” rating for the company in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mattel in a research report on Thursday, July 2nd. Finally, Wall Street Zen downgraded shares of Mattel from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $17.33.

Mattel Trading Down 2.4%

Shares of MAT stock opened at $14.30 on Thursday. The company has a current ratio of 2.06, a quick ratio of 1.50 and a debt-to-equity ratio of 1.11. The stock has a market cap of $4.16 billion, a P/E ratio of 9.05, a price-to-earnings-growth ratio of 1.25 and a beta of 0.74. The stock has a 50 day simple moving average of $14.27 and a 200 day simple moving average of $16.27. Mattel has a 1 year low of $12.73 and a 1 year high of $22.48.

Mattel (NASDAQ:MAT) last issued its quarterly earnings results on Wednesday, April 29th. The company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.04. Mattel had a return on equity of 18.67% and a net margin of 9.27%.The business had revenue of $862.17 million for the quarter, compared to the consensus estimate of $808.38 million. During the same quarter in the prior year, the business posted ($0.03) earnings per share. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. Mattel has set its FY 2026 guidance at 1.270-1.390 EPS. On average, research analysts predict that Mattel will post 1.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Mattel

Hedge funds and other institutional investors have recently modified their holdings of the business. Redwood Investment Management LLC raised its holdings in shares of Mattel by 31.3% during the 1st quarter. Redwood Investment Management LLC now owns 72,448 shares of the company’s stock worth $1,053,000 after buying an additional 17,268 shares in the last quarter. Empowered Funds LLC boosted its stake in Mattel by 26.5% in the first quarter. Empowered Funds LLC now owns 37,708 shares of the company’s stock valued at $548,000 after buying an additional 7,893 shares in the last quarter. Bank of America Corp DE boosted its stake in Mattel by 14.6% in the first quarter. Bank of America Corp DE now owns 1,914,866 shares of the company’s stock valued at $27,823,000 after buying an additional 244,094 shares in the last quarter. Seven Six Capital Management LLC bought a new position in Mattel in the first quarter valued at about $2,110,000. Finally, Kentucky Retirement Systems bought a new position in Mattel in the first quarter valued at about $406,000. Institutional investors own 97.15% of the company’s stock.

Key Stories Impacting Mattel

Here are the key news stories impacting Mattel this week:

• Positive Sentiment: Odeon Capital upgraded Mattel to strong-buy, adding to the bullish case that the stock may be undervalued after its recent weakness. Tickerreport.com coverage
• Positive Sentiment: A Seeking Alpha piece argued Mattel has stronger upside than Wall Street expects, citing a sub-10x P/E, free cash flow yield above 7%, and potential catalysts such as activist pressure, takeover speculation, or short covering. Seeking Alpha article
• Neutral Sentiment: Brokerage coverage remains mixed overall, with Mattel receiving a consensus Hold rating, suggesting analysts see limited near-term clarity despite the valuation appeal. American Banking News coverage
• Neutral Sentiment: Another note said Mattel trades at a discount on earnings despite weak returns, reinforcing the idea that the stock is inexpensive but not yet proving a durable turnaround. Yahoo Finance article
• Negative Sentiment: Articles highlighted competitive and brand-related pressure, including Hasbro’s launch tied to K-Pop Demon Hunters, underscoring rivalry in the toy industry and the risk that Mattel may miss out on some entertainment-driven momentum. Merca20 article

Mattel Company Profile

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.