|Bid||0.00 x 1200|
|Ask||0.00 x 3200|
|Day's Range||15.22 - 15.48|
|52 Week Range||12.21 - 19.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.35|
- Longtime Mattel leader Steve Totzke to oversee unified global commercial organization - Latest step in Mattel's ongoing strategy to realign teams and resources towards key, high-growth, areas EL SEGUNDO, ...
Shares of Hasbro (HAS) have outperformed the market this year, and MKM Partners thinks the stock can keep winning. Where we were: While Hasbro and fellow toymaker Mattel (MAT) took a hit following the Toys 'R' Us bankruptcy, Hasbro has come back strong in 2018. Where we're headed: MKM Partners argues that the shares have a strong 2019 ahead.
- Ms. Cisneros, CEO of Cisneros, brings expertise in media and entertainment, digital advertising and content, as well as deep experience in the Latin American technology market. - Mr. Lynch, President and CEO of Pandora, is a recognized leader in digital content, social media, online marketing, e-commerce and technology. - Latest step in Mattel's ongoing process to further strengthen its Board of Directors.
Haven’t heard of Funko (NASDAQ:FNKO) before? Plenty of readers are coming by InvestorPlace just trying to figure out what the heck this company is and why FNKO stock is up 213% this year and more than 50% in the past month. Revenue of roughly $139 million grew 32% year-over-year and beat estimates by more than $16 million (13% above estimates).
Funko (NASDAQ:FNKO) had a rough ride following its November initial public offering. Now, however, FNKO stock is on a tear after striking a couple key licensing deals. It seems Wall Street just doesn’t have a feel for the finer points of pop culture.
Things are looking up for the toy industry as parents and grandparents, sad over the bankruptcy of Toys R Us, fueled massive sales in the first half of the year.
Toy sales are up 7% to $7.9 billion for the first half of 2018, benefiting from the Toys 'R'Us liquidation, according to the latest data from The NPD Group. "I am also convinced that the strong toy industry growth so far this year has been at least partially supported by the empathy that people felt towards losing a store like Toys 'R' Us," said Juli Lennett, senior vice president and industry advisor for toys at NPD.
"Thinking back to what should be the right balance in your portfolio ... now is the most important time in eight, nine, maybe 10 years to rebalance that," says Jeff Kleintop, chief global investment strategist for Charles Schwab Corp. "It's hard to sell the winners and buy the laggards. Here are 40 companies Goldman Sachs thinks have considerable downside risk.
As of July 26, Mattel’s (MAT) stock price had fallen 4.2% since reporting its second-quarter results on July 25. The company continues to suffer from the aftereffects of the Toys “R” Us liquidation. Mattel also hasn’t seen any respite in the weakness that has plagued the sales of its American Girl, Fisher-Price, Thomas & Friends, and Toy Box owned and partner brands.
Currently, analysts’ 12-month average target price for MAT stock is $15.46, which reflects a 0.9% downside to its stock price on July 26. In comparison, 53% of the 15 analysts covering Hasbro (HAS) have recommended “buys” on its stock, while 40% have rated it as a “hold.” Following its earnings announcement on July 23, several analysts, including BMO and D.A. Davidson, raised their price targets for HAS.
Mattel (MAT) reported its second-quarter results on July 25. On a reported basis, its EPS fell to -$0.70, over four times lower than its EPS of -$0.16 in the corresponding quarter last year. Lower sales and reduced profit margins, along with a provision for taxes of $6.9 million, marred the company’s bottom line numbers.
Toymaker Mattel (MAT) reported its second-quarter results on July 25. Mattel’s performance was affected by the liquidation of Toys “R” Us, a tougher YoY (year-over-year) comparison in terms of Cars sales, and soft China business. The company’s net sales were down ~14% to $840.7 million on a YoY basis and fell short of analysts’ estimate by 1.3%.
NEW YORK, NY / ACCESSWIRE / July 27, 2018 / Mattel and Mohawk Industries were big decliners in Thursday's session. Mattel shares slipped on disappointing earnings and the company announcing that it would eliminate over 2,000 jobs. Mattel, Inc. shares closed down 4.21% on nearly 11 million shares after the toymaker reported second quarter results and revealed it would be eliminating thousands of jobs.
After cutting 2,200 jobs due to Toys R Us' liquidation, reporting a major loss in share price and falling revenue, Mattel (MAT) is in some serious trouble.
Barbie was a bright spot in an otherwise dismal second quarter for Mattel Inc. The 59-year-old doll that’s the toymaker’s biggest brand saw a 12 percent jump in sales, marking the third straight quarterly gain.
Hidden within Mattel Inc.’s announcement of plunging sales and massive layoffs were two bright spots that may be the key to the toymaker’s turnaround -- and they’ve been around for a combined 100-plus years. Barbie, the 59-year-old doll that’s Mattel’s biggest brand, had a 12 percent jump in sales in the second quarter, its third straight gain. Hot Wheels, which just celebrated its 50th birthday, had a 21 percent surge in revenue.
Toys R Us' bankruptcy seems to be having a domino effect on toy makers. Here's how much the retail store impacted Mattel's sales.