Mattel found using ticker (MAT) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 38 and 23 calculating the average target price we see 28.01. With the stocks previous close at 21.36 this now indicates there is a potential upside of 31.1%. The 50 day moving average now sits at 21.36 while the 200 day moving average is 20.88. The company has a market cap of $7,536m. Company Website: https://www.mattel.com
The potential market cap would be $9,882m based on the market concensus.
Mattel, a children’s 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, American Girl, Polly Pocket, Spirit, and Enchantimals brands; dolls and books under the American Girl brand name; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Matchbox, CARS, and Mario Kart brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends, Power wheels, and Fireman Sam brands. The company also provides action figures, building sets, and games under the Masters of the Universe, MEGA, UNO, Toy Story, Jurassic World, WWE, and Star Wars brands; and licensor partner brands, including Disney, NBCUniversal, WWE, Microsoft, Nickelodeon, Warner Bros, and Sanrio. It sells its products directly to consumers through its catalog, website, and proprietary retail stores; retailers, including discount and free-standing toy stores, chain stores, department stores, and other retail outlets; and wholesalers, as well as through agents and distributors. Mattel was founded in 1945 and is headquartered in El Segundo, California.
