Mattel, Inc. (NASDAQ:MAT) Analysts Recommendations and Insider Trading

Mattel, Inc. (NASDAQ:MAT) stock is presently standing at about $25.46 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 12 analysts covering the company is $30.50, which suggests the stock could still rise over 17 percent. The highest analyst price target is $36.00, which implies a rally of 59 percent. And a quick view of analyst notes show that 3 are rating the stock a buy while 5 rate MAT a strong buy. There are 7 equity research firms advocating a Hold and 0 consider it Sell.

Goldman analysts provided their view on Mattel, Inc. (NASDAQ:MAT) recently. The rating firm issued a Neutral rating to this company in a research note released on Feb 13, 2017. MKM Partners analysts disclosed their opinion on Mattel, Inc. (NASDAQ:MAT) recently. The rating firm gave a Buy rating to this stock in a research note published on Oct 10, 2016. According to a research note disclosed on Sep 19, 2016, analysts at Monness Crespi & Hardt have upped their rating on these shares from Neutral to Buy.

Mattel, Inc. (NASDAQ:MAT) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Executive Chairman SINCLAIR CHRISTOPHER A Purchased 9,610 company shares for 249570, in a transaction on 2017-02-13. Following the transaction, the Executive Chairman is left with a stake of 95,594 shares, currently valued at $2433823. Meanwhile, EVP, Chief HR Officer Gros Richard R purchased 9,610 shares worth $250050, through a transaction dated 2017-02-07. Following the completion of the transaction, the insider is left with a stake of 14,744 shares, amounting $375382.24. MAT EVP, Chief HR Officer Gros Richard R also purchased 9,610 shares, at a stock price of $26.02. This transaction occurred on 2017-02-07 totals $250050. After this transaction, the insider’s stake stands at 14,744 shares, with a market value of $375382.

Executives hold 0.78 percent of the stock. Mr. Robert A. Eckert is one of the biggest insider owners in Mattel, Inc. (NASDAQ:MAT), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 442,895 shares which have current market value of around $11276106.7.Mr. Bryan G. Stockton is another major inside shareholder in the company. The insider owns 341,041 shares as of 0.1%, currently worth $8682903.86. Mr. Neil B. Friedman is ranked as third insider holder of the stock. This insider holds 305,211 shares with a market value around $7770672.06 as of recent close.

Mattel, Inc. (NASDAQ:MAT) Earnings Outlook

In Mattel, Inc. (NASDAQ:MAT)’s latest quarter, EPS moved to $0.52 from $0.70 in preceding quarter and revenues reached at $1,834.40M compared to $1,795.60M. Analysts had expected Mattel, Inc. (NASDAQ:MAT) to post net income of about $0.71 per share on $1,958.74M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $-0.24 to $-0.06. That is compared with the $-0.13 in EPS it reported during the same period a year ago.