Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Mattel (MAT) Stock Price
News coverage about Mattel (NASDAQ:MAT) has trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Mattel earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.5189591703085 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Mattel (MAT) to Release Quarterly Earnings on Tuesday (americanbankingnews.com)
- Bordering on Key Levels: Constellation Brands, Inc. (STZ), Mattel, Inc. (MAT) – Market Movers (financialqz.com)
- Mattel (MAT) Cut to Sell at BidaskClub (americanbankingnews.com)
- Short Interest in Mattel, Inc. (MAT) Drops By 6.5% (americanbankingnews.com)
- March 2nd Options Now Available For Mattel (MAT) (nasdaq.com)
Shares of Mattel (NASDAQ MAT) traded down $0.17 during mid-day trading on Tuesday, reaching $15.12. The company had a trading volume of 4,240,000 shares, compared to its average volume of 6,130,000. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.89 and a current ratio of 1.32. The firm has a market capitalization of $5,200.00, a price-to-earnings ratio of -8.64, a price-to-earnings-growth ratio of 4.14 and a beta of 1.01. Mattel has a 1 year low of $12.71 and a 1 year high of $31.60.
Mattel (NASDAQ:MAT) last announced its quarterly earnings data on Thursday, October 26th. The company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.49). The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.82 billion. Mattel had a positive return on equity of 2.51% and a negative net margin of 11.73%. Mattel’s revenue for the quarter was down 13.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.70 earnings per share. analysts expect that Mattel will post -0.16 EPS for the current year.
MAT has been the subject of a number of research analyst reports. UBS Group set a $22.00 price target on Mattel and gave the company a “buy” rating in a report on Friday, October 27th. Monness Crespi & Hardt lifted their price target on Mattel from $22.00 to $27.00 and gave the company a “buy” rating in a report on Wednesday, October 11th. TheStreet lowered Mattel from a “c” rating to a “d” rating in a research report on Thursday, October 26th. Stifel Nicolaus lowered their price objective on Mattel from $19.00 to $17.00 and set a “hold” rating for the company in a research report on Thursday, October 12th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $17.00 price objective (down from $22.00) on shares of Mattel in a research report on Tuesday, October 10th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $20.25.
Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.
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