|Bid||15.53 x 29200|
|Ask||16.31 x 21500|
|Day's Range||15.91 - 16.50|
|52 Week Range||12.21 - 21.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.83|
Barbie, the world’s most iconic doll, is venturing into coding skills in her latest career as a robotics engineer. Michelle Hennessy reports.
Forget Malibu Barbie .. Mattel, the company that makes the doll of every young girls childhood, announced Barbie's new career: robotics engineer. The "Career of the Year" Barbie is available online for $13.99 and she comes with safety goggles, a doll-sized laptop computer, and a small humanoid robot.
Some analysts say the Toys ‘R’ Us liquidation will continue to have an impact on Hasbro and Mattel, while others highlight other headwinds.
As of July 16, Hasbro (HAS) was rated a “buy” by 60% of the 15 analysts covering the stock. The shift to digital technology has hurt the demand for traditional toys along with expanding e-commerce. To retain its market share, Hasbro has focused on product innovation, developing a digital sales channel.
The Dow Jones Industrial Average gained more than 100 points today and had its best week since June 8. •...and wonder why Mattel (MAT) was the S&P 500's worst performer. Hooray for tariffs! How else to respond to a week that saw the Trump administration announce tariffs on another $200 billion in Chinese goods, only to see the market rally this week, and rally hard?
Seeking investments that are fairly valued today is like looking for a needle in a haystack. After a 10-year bull market, there are slim pickings in this frothy market. It reminds me of 1998, when I was looking for value stocks during the dot com boom.
BP, Mattel, Stitch Fix, Nordstrom and Urban Outfitters highlighted as Zacks Bull and Bear of the Day
M&A activity has been big part of the global market for the past few years now, and that’s likely to continue. Tax reform has freed up more cash and made potential targets more accretive. The economy is humming along. And in a few key sectors — consumer goods and media come to mind — there’s an obvious logic behind consolidation.
"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.
It has been a phenomenal stock picker's market since last summer within distressed value, but I am reminded often that those conditions will certainly not last forever, and it can turn on a dime. Mattel is up about 8% over the past five months, however JAKK was the riskier choice in my view. , on the other hand, has stumbled the past month.
For Hasbro (NASDAQ:HAS) stock, there’s one key question at the moment. The question: Is the Toys “R” Us bankruptcy truly the only issue for Hasbro at the moment? Hasbro’s numbers missed Street estimates badly: Revenue fell 16% year-over-year, with earnings-per-share dropping to $0.10, on an adjusted basis, against $0.54 the year before.
Mattel and Hasbro: How Have the Stocks Performed in 2018? In the past 30 days, there have been quite a few changes in the target price and ratings for Mattel stock. On June 28, D.A. Davidson cut the rating on the stock to “underperform” from “neutral.” On June 19, UBS slashed the rating on the stock to “neutral” from “buy.” However, UBS raised the target price for Mattel stock to $18.00 from $17.00 projected earlier.
Mattel and Hasbro: How Have the Stocks Performed in 2018? Mattel (MAT) has been struggling to reverse its declining sales trend. Apart from consumers’ changing preferences and Toys “R” Us filing for bankruptcy, Mattel has many company-specific problems like underperforming brands and rising freight and distribution costs.
As of July 3, Mattel (MAT) and Hasbro’s (HAS) stock prices have risen 8.1% and 2.5% on a YTD (year-to-date) basis. In comparison, the S&P 500 Index (SPY) has risen 1.5% on a YTD basis. Despite the gains, there’s mixed sentiment regarding the toy companies.
EL SEGUNDO, Calif. , July 2, 2018 /PRNewswire/ -- Mattel, Inc. (NASDAQ: MAT) today announced that it plans to release its second quarter 2018 financial results on Wednesday, July 25, 2018 , at approximately ...
Barbie has had a lot of careers over the years. In the STEM fields alone, she's been a computer engineer and a game developer. Doctor, veterinarian, paleontologist and astronaut are also among the more than 200 professions she's pursued.
Mattel, Inc. (NASDAQ: MAT ) was downgraded Thursday from Neutral to Underperform by D.A. Davidson analyst Linda Weiser. Weiser maintained her $12 price target on the stock. The Thesis Mattel shares closed ...
Mattel (MAT) shares dropped on a downgrade last week from UBS, and on Thursday, D.A. Davidson is even more bearish on the toy maker. Analyst Linda Bolton Weiser cut her rating on the shares to Underperform from Neutral with a $12 price target today. Bolton Weiser warns that even on her potentially generous 2019 earnings estimates, Mattel's valuation looks quite rich, and that's despite the fact that it faces a number of headwinds, including higher plastic prices, the disruption from the Toys 'R' Us bankruptcy, and difficult comparisons.
Robotics Barbie is a lab-coat-and-glasses-wearing robotics engineer, a far cry from the 1992 “math class is tough” version. Appropriately, she’s also part of a Mattel Inc. initiative to promote new jobs for girls, in line with a public pledge the company made earlier this year. In February, Mattel Senior Vice President Lisa McKnight joined 40 executives onstage at the Makers women’s diversity conference to make a range of commitments toward improving women’s professional lives.
Sluggish sales across major brands, lack of innovative techniques for brand revitalization and the Toys 'R' US liquidation are continuing to hurt Mattel's (MAT) top and bottom lines.
Coding education startup Tynker and the Black Girls Code are working with Mattel to use Barbies to get young girls interested in tech careers.