Mattel, Inc. (MAT)
| Market Cap | 6.49B |
| Revenue (ttm) | 5.44B |
| Net Income (ttm) | 292.54M |
| Shares Out | 344.10M |
| EPS (ttm) | 0.82 |
| PE Ratio | 23.01 |
| Forward PE | 13.39 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,430,628 |
| Open | 18.79 |
| Previous Close | 18.75 |
| Day's Range | 18.77 - 19.04 |
| 52-Week Range | 16.20 - 22.64 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 23.10 (+22.42%) |
| 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]
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 $23.1, which is an increase of 22.42% from the latest price.
News
Mattel CEO discusses bringing Masters of the Universe to the box office
Mattel (MAT) is hoping that He-Man and his Power Sword can bring the same magic that Barbie brought to the box office. The company recently announced it's teaming up with Amazon MGM Studios (AMZN) to ...
Mattel to Participate in J.P. Morgan's 52nd Annual Global Technology, Media and Communications Conference
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that Ynon Kreiz, Mattel's Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel's Chief Financial Office...
Mattel Appoints Karen Ancira Executive Vice President and Chief People Officer
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Karen Ancira has been appointed Executive Vice President and Chief People Officer for the company, effective May 15...
Mattel CEO: The success of the 'Barbie' movie was a great showcase of the strength of our brand
Mattel CEO Ynon Kreiz joins CNBC's 'Money Movers' to discuss the company's next step after the success of 'Barbie,' the state of toy industry, and more
Matchbox Launches New Mercedes-Benz Die-Cast Car to Celebrate the Reveal of the All-New Electric G-Class
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Today, Mattel, Inc. (NASDAQ: MAT) announced the Matchbox® Mercedes-Benz G 580 with EQ Technology die-cast car. The new die-cast vehicle was created to celebrate th...
Mattel to Bring Three Channels to Samsung TV Plus
EL SEGUNDO, Calif. & NEW YORK--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) has partnered with Samsung to deliver its first three 24/7 Free Ad Supported Streaming (FAST) channels on Samsung TV Plus, Sa...
Investors Reward Hasbro, Mattel For Cost Cuts, Inventory Reductions
The two biggest U.S. toymakers, Hasbro Hasbro and Mattel Mattel , saw their stock prices jump today despite both companies reporting sales declines during the first quarter.
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...
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.
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...
'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...
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...
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.
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.
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...
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....
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...
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 ...
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...