What Analysts Are Saying About Mattel Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Mattel (NASDAQ:MAT), with recent ratings ranging from bullish to indifferent. The average 12-month price target is now $21.71, down from $23.33. Analyst actions include both upgrades and downgrades, reflecting varying perspectives on the company's market position and financial health. Mattel's revenue declined by -15.54% as of December 31, 2023, but it maintains a strong net margin of 9.09% and an exceptional ROE of 7.04%. The company faces challenges with a high debt-to-equity ratio of 1.2.
March 08, 2024 | 6:01 pm
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NEUTRAL IMPACT
Analysts show mixed sentiments on Mattel, with a revised average price target of $21.71. Despite revenue challenges, Mattel's financial indicators like net margin and ROE remain strong. However, its high debt-to-equity ratio poses risks.
The mixed analyst ratings and the decrease in the average price target suggest uncertainty, which could lead to short-term price volatility. However, strong financial health indicators like net margin and ROE could mitigate negative impacts. The high debt-to-equity ratio is a concern but is already factored into analyst expectations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100