4 Reasons To Buy Mattel Stock
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Is Mattel (mat) a great stock for value investors?
Valuation metrics show that Mattel, Inc. may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of MAT, demonstrate its potential to perform inline with the market. It currently has a Growth Score of F.
Should Mattel be in your portfolio?
An investor can own both companies, and in that regard, Mattel remains a stock investors should consider for their portfolio. Rich Duprey has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Hasbro. The Motley Fool recommends NetEase.
What is the upside for Mattel's stock?
On average, they expect Mattel's share price to reach $23.69 in the next year. This suggests a possible upside of 11.8% from the stock's current price. View analysts' price targets for Mattel or view top-rated stocks among Wall Street analysts.
Is Hasbro a better stock to buy than Mattel?
A $10,000 investment in Hasbro 10 years ago would be worth $33,000 today with dividends reinvested. The same investment in Mattel would be worth $9,350. Obviously, Hasbro looks like the better stock to own, but it's not that simple.
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Should I invest in Mattel stock?
Valuation metrics show that Mattel, Inc. may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of MAT, demonstrate its potential to outperform the market.
Is Mattel a good long term investment?
Mattel Inc. (NASDAQ:MAT) is a buy for those looking to win big in the long term. The market is here to stay, and so is MAT, which is one of the biggest names in the domain. Its smart managerial decisions have proven to substantially enhance value for shareholders in recent years, making it a great long-term investment.
Is Mattel doing well?
Heading into 2022, Mattel is on stronger financial footing. It has reduced its debt from $2.85 billion in 2018 to $2.57 billion in 2021.
Is Barbie on the stock market?
The BARBIE brand is owned by Mattel, a company listed in New York....Stock market history Mattel (BARBIE)XPriceJun 15, 202222.19Jun 14, 202222.3Jun 13, 202222.13Jun 10, 202223.44219 more rows
Will Mattel stock go up?
The 13 analysts offering 12-month price forecasts for Mattel Inc have a median target of 32.00, with a high estimate of 45.00 and a low estimate of 26.00. The median estimate represents a +39.37% increase from the last price of 22.96.
Does Mattel pay dividends?
MATTEL (NASDAQ: MAT) does not pay a dividend.
What made Mattel successful?
In 1960, Mattel introduced Chatty Cathy, a talking doll that was voiced by June Foray and revolutionized the toy industry, leading to pull-string talking dolls and toys flooding the market throughout the 1960s and 1970s. In 1961, Mattel introduced the Ken doll.
What is Mattel's current strategy?
We have a clear strategy to transform Mattel into an IP-driven high performing toy company. We have defined plans in place to accelerate our topline growth and improve profitability in the short- term, while advancing our strategy to capture the full value of our IP in the mid-to-long term.
Is Hasbro better than Mattel?
Investors can note that Mattel has outperformed Hasbro over the last year. A look at the long-term performance shows that Hasbro has outperformed Mattel over the last five and 10 years.
Why has Mattel stock dropped?
Since Feb. 20, the day the stock market really started to fall apart in response to the increasingly clear threat posed by the novel coronavirus, shares of toy maker Mattel (MAT -1.57%) have shed 45% of their value.
What is Lego stock price?
Legato Merger Corp. Stock Price (Quote) NASDAQ:LEGORangeLow PriceHigh Price30 days$11.25$11.2590 days$11.25$11.2552 weeks$9.54$11.93
Is Mattel a publicly traded company?
Mattel becomes a publicly traded company.
How long has Rich been a Fool?
Author Bio. Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.
Is Mattel toys part of its DNA?
CEO Ynon Kreiz has said that toys will always be part of Mattel's DNA, but the future is about "commercializing our brand s and finding transformative opportunities for us to be a part of other verticals that are directly adjacent to the toy industry.".
The Barbie maker beat sales expectations and issued a positive outlook for the next few years
Mattel ( MAT -0.95% ) stock jumped sharply following a strong fourth-quarter earnings report on Feb. 9. Sales and profits were much better than investors expected, but most importantly, the Hot Wheels maker sees strong sales performance continuing in the near term, despite supply chain issues and higher consumer prices.
Growing toy industry
Despite near-term economic headwinds, Mattel's sales accelerated to 10% year-over-year growth during the holiday quarter. Management's cost savings initiatives drove solid performance on the bottom line, too, with adjusted earnings per share increasing by 33%.
NASDAQ: MAT
Mattel rival Hasbro also posted double-digit sales growth in the fourth quarter. These strong results reflect a resilient toy industry that has grown for 10 consecutive years, and sales remained firm during the pandemic.
More growth
Management expects more growth in 2022. Guidance calls for sales to advance 8% to 10% in constant currency over 2021, with adjusted earnings per share (EPS) improving to a range of $1.42 to $1.48. That represents 10.7% year-over-year growth in adjusted EPS at the midpoint of guidance.
Mattel is on sale
After spending the last few years turning the business around by improving sales growth and margins, CEO Ynon Kreiz said, "Our turnaround is complete. We are now in growth mode."
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Where are Mattel toys made?
Headquartered in El Segundo, CA , Mattel Inc. is the world’s largest manufacturer of toys. The company’s products are sold directly to retailers and wholesalers in most European, Latin American and Asian countries as well as in Australia, Canada and New Zealand through the Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands, and Construction and Arts & Crafts Brands. The products are sold through agents as well as distributors in countries where Mattel has no direct presence.#N#Mattel’s portfolio of global brands has vast intellectual property potential. ...
What is value scorecard?
The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher.
Why is Mattel's beta so high?
This is because Mattel’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
Is it a good time to buy MAT?
Are you a potential investor? If you’ve been keeping tabs on MAT, now may not be the most optimal time to buy, given it is trading around its fair value. However, the optimistic prospect is encouraging for the company, which means it’s worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
About Mattel
Mattel, Inc. is a global children's entertainment company that specializes in the design and production of toys and consumer products. The company engages consumers through its portfolio of iconic franchises, including Barbie, Hot Wheels, American Girl, Fisher-Price, Thomas & Friends, UNO and MEGA.
Mattel (NASDAQ:MAT) Frequently Asked Questions
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mattel in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Mattel stock. View analyst ratings for Mattel or view top-rated stocks.