Mattel found using ticker (MAT) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 45 and 24 calculating the average target price we see 31.55. With the stocks previous close at 22.55 this would imply there is a potential upside of 39.9%. The 50 day moving average now sits at 22.92 and the 200 day moving average is 22.74. The company has a market capitalisation of $8,062m. Company Website: https://www.mattel.com
The potential market cap would be $11,279m 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.
