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Should Investors Continue Playing With Mattel's Stock?
Friday, October 23, 2020 - 2:20pm | 542Mattel Inc (NASDAQ: MAT) reported third-quarter results that exceeded expectations due to what management described as "extraordinary" demand for toys. Shares are up more than 10% in Friday's session. Here is a summary of how some of the Street's top analysts reacted to the...
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Mattel CEO: We Are More Than Just A Toy Company
Thursday, December 5, 2019 - 6:00pm | 418Mattel Inc (NASDAQ: MAT) needs to be known as more than just a toy maker and the ultimate success of the company depends on successful expansions into new ventures, company CEO Ynon Kreiz, told CNBC's Jim Cramer on Wednesday. What Mattel Is Doing Beyond Toys Mattel's core product is...
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4 Reasons Why Hasbro Was Downgraded By BMO
Monday, July 16, 2018 - 12:19pm | 425Hasbro, Inc. (NASDAQ: HAS) shares are overvalued trading at an 18.1-19.3 multiple on 2019 estimated earnings, and a more appropriate valuation is 15 times next year's earnings, according to BMO Capital Markets. The Analyst Analyst Gerrick Johnson downgraded Hasbro from Market Perform...
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Jefferies: The Bearish Case For Mattel's Stock No Longer Applies
Wednesday, April 11, 2018 - 1:26pm | 350Mattel, Inc. (NASDAQ: MAT) isn't out of the woods just yet, as there are multiple risks management needs to address. But the case for being bearish on the stock has come to an end as shares are trading near its fair value, according to Jefferies. The Analyst Jefferies' Stephanie Wissink...
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Toys 'R' Us Aftershocks: Stifel Pessimistic On Hasbro, Mattel Ahead Of Q1 Prints
Wednesday, April 4, 2018 - 2:14pm | 616Toy makers are on deck to report quarterly earnings, and the reports could draw outsized attention in the wake of the Toys R Us' bankruptcy and liquidation. The Analyst Stifel's Drew Crum maintains a Hold rating on Hasbro, Inc. (NASDAQ: HAS)' stock with a price target...
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Buy Hasbro As Toys 'R' Us Liquidates, Says KeyBanc Analyst
Thursday, March 22, 2018 - 11:52am | 651Toys R Us' pending liquidation of its U.S. business is a clear overhang for the entire toy sector, and the official announcement of store closures is a negative for near-term earnings, a KeyBanc Capital Markets report said. But shares of Hasbro, Inc. (NYSE: HAS) and Mattel, Inc. (NASDAQ: MAT)...
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Analyst Sees Buy Opportunity In Hasbro As 'Black Panther' Success Should Help Offset Toys 'R' Us Decline
Monday, March 12, 2018 - 3:31pm | 406The success of the "Black Panther" film bodes well for Hasbro, Inc. (NASDAQ: HAS)'s business at a time when the stock is seeing pressure from reports of a potential Toys "R" Us liquidation. The Analyst B Riley FBR's Susan Anderson maintains a Buy rating on Hasbro's...
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What The Toys 'R' Us US Liquidation Means For Toy Makers
Friday, March 9, 2018 - 12:32pm | 739Toy stocks were under heavy selling pressure Friday after a Bloomberg report said retailer Toys "R" Us is likely preparing itself to liquidate its bankrupt U.S. business. What Happened Toys "R" Us hired a law firm with expertise in debt restructuring in early September 2017...
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The 5 Pillars Of Mattel's Turnaround Strategy Lack One Thing — A Timeline
Thursday, June 15, 2017 - 3:08pm | 375Mattel, Inc. (NASDAQ: MAT) presented to investors a compelling long-term strategy but with one notable missing component: timing. DA Davidson Linda Bolton Weiser downgrades Mattel's stock rating from Buy to Neutral with a price target slashed from $30 to $24. While Mattel's CEO Margo Georgiadis...
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3 Things Mattel Investors Expect From New CEO Georgiadis At This Week's Investor Day
Monday, June 12, 2017 - 3:05pm | 406Shares of Mattel, Inc. (NASDAQ: MAT) continue flirting with its 52-week lows of $21.55 ahead of the company's Investor Day presentation (on June 14) and expectations are relatively high, Wells Fargo's Timothy Conder noted in a research report. Mattel's top priority would be for CEO Margo Georgiadis...
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Mattel Has One Of The Most Valuable Brand Portfolios In All Of Consumer Products
Wednesday, May 24, 2017 - 8:27am | 476Mattel, Inc. (NASDAQ: MAT) has lost nearly 30 percent over the past year and has become a hotly-debated stock among analysts and investors. DA Davidson's Linda Bolton Weiser added her name to the bullish camp as she initiated coverage of the toymaker with a Buy rating and 12-18 month $30 price...
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Mattel Investors Anxious To See Their Dividend Cut, May Have To Wait To June
Monday, April 24, 2017 - 8:45am | 333Shares of Mattel, Inc. (NASDAQ: MAT) plunged 13 percent Friday and hit a new 52-week low of $21.78 after the company reported disappointing first-quarter results. The sell off has created a unique opportunity for dividend investors as the stock is currently yielding nearly 7 percent. There is some...
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Lowered Estimates, And Beyond! Hasbro And Mattel Out Of Favor With Sell-Side
Friday, April 21, 2017 - 1:19pm | 541Mattel, Inc. (NASDAQ: MAT)'s "ugly" quarter prompted Eric Handler to lower his price target on the toymaker from $27 to $24 while maintaining a Neutral rating. According to Handler, Mattel's revenue and earnings per share shortfall in the first quarter was attributed to a lower level of reorders...
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Toy Wars: Goldman Prefers Hasbro Over Mattel
Monday, February 13, 2017 - 12:37pm | 356Shares of Hasbro, Inc. (NASDAQ: HAS) hit a new all-time high of $98.76 on Friday while rival Mattel, Inc. (NASDAQ: MAT) has been trading at its lowest levels in a year after a poor earnings report. Analysts at Goldman Sachs initiated coverage of Hasbro with a Buy rating and $110 price target....