Mattel found using ticker (MAT) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 45 and 24 with a mean TP of 31.55. Given that the stocks previous close was at 23.13 this indicates there is a potential upside of 36.4%. There is a 50 day moving average of 22.98 and the 200 moving average now moves to 22.68. The market capitalisation for the company is $8,026m. You can visit the company’s website by visiting: https://www.mattel.com
The potential market cap would be $10,948m 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, Monster High, 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 of all ages, and collectors under the Hot Wheels, Monster Trucks, 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, Lightyear, 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.
