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

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

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.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.