|Bid||13.330 x 4000|
|Ask||13.300 x 3000|
|Day's Range||12.45 - 13.99|
|52 Week Range||9.09 - 17.98|
|Beta (3Y Monthly)||1.74|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.25|
Mattel crashes on guidance, as the company has its worst day in a decade. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
Funko acquires board game company to help drive the stock. Yahoo Finance’s Alexis Christoforous and Brian Sozzi sit down with Funko CEO Brian Mariotti.
Bragar Eagel & Squire, P.C. is investigating potential claims against Mattel, Inc. (MAT). Our investigation concerns whether Mattel has violated the federal securities laws and/or engaged in other unlawful business practices. On February 7, 2018, Mattel released its fourth quarter 2018 earnings, beating analyst expectations and sales predictions. On an investor conference call, CEO Ynon Kreiz stated “2018 was a great year for Barbie, which sustained growth and continued momentum globally.
Zamansky LLC announces that it is investigating Mattel, Inc. (MAT) (“Mattel” or the “Company”) for potential breaches of fiduciary duties. Specifically, the investigation concerns the Company’s recently announced fourth quarter earnings, and certain statements made by CEO Ynon Kreiz about Mattel’s 2018 sales of its Barbie doll, as well as guidance on anticipated 2019 sales. If you are a Mattel shareholder and still hold your MAT shares, please contact our firm for further information.
offered a dour forecast for 2019, sending shares into their worst tailspin in nearly 20 years Friday. During a presentation to analysts Friday, the company projected flat gross sales and adjusted EBITDA of $350-$400 million for the year. Shares of Mattel fell $3.10, or 17.7% to close at $13.92, the worst one-day percentage decline for the stock since Oct. 4, 1999.
NEW YORK, Feb. 16, 2019 /PRNewswire/ -- Mattel, Inc. (MAT), the leading global children's entertainment and toy company, made headlines today as Jurassic World™ Dinosaur action figures received the highly coveted Toy of the Year (T.O.T.Y.) award in the Action Figure category. Receiving accolades from toy retailers, media, TIA members and consumers, the award was presented Friday evening in New York at the Toy Industry Association's Annual T.O.T.Y Awards gala. "The 'Jurassic World' franchise has been inspiring generations of kids for 25 years and we are proud to partner with Universal to bring the world of dinosaurs to life in new ways," said PJ Lewis, VP of Action Figures at Mattel.
Mattel Inc. may need to get a license to the “Freaky Friday” franchise. The boomerang trade was the result of splitting holiday-season earnings from Mattel’s (MAT) forecast for 2019 — neither held great news, but last week’s earnings were at least better than expected. Mattel‘s guidance Friday afternoon — reserved for a presentation at the annual Toy Fair industry event in New York — said gross sales will be the same as 2018 after factoring out the negative effects of currency fluctuations.
NEW YORK, Feb. 16, 2019 /PRNewswire/ -- Mattel, Inc. (MAT), the leading global childhood development and play company, was recognized at the 2019 Toy Industry Association's Toy of the Year (TOTY) Awards ceremony, winning the Toy of The Year Award in the Infant/Preschool category for the Fisher-Price Laugh & Learn Smart Learning Home and the Preschool category for the Fisher-Price Think & Learn Rocktopus, based on votes from toy retailers, media, TIA members and consumers. "As a partner to parents for over 80 years, we're proud to continue to innovate and help kids grow, develop and build a broad set of skills in those most important first years," said Chuck Scothon, Global Head of Infant Preschool for Mattel.
Gibbs Law Group is investigating claims on behalf of investors of Mattel, Inc. (MAT) involving possible securities law violations. Specifically, our investigation focuses on allegations that Mattel and certain of its officers and/or directors may have engaged in unlawful business practices or securities fraud. To speak with an attorney regarding the Mattel class action lawsuit investigation, click here.
The forecast comes barely a week after the company said strong holiday sales of Barbie drove a surprise fourth-quarter profit, which sent its shares up 23 percent the following morning. On Friday, the El Segundo, California-based toymaker said gross sales for 2019 would be flat on a constant-currency basis, with weakness in Thomas & Friends and American Girl offsetting comparatively stronger sales of Barbie and Hot Wheels. Both Mattel and rival Hasbro Inc have continued to be haunted by the collapse of Toys "R" Us as they have failed to find newer avenues to sell their toys.
, maker of Barbie and Hot Wheels toys, was riding high when it reported fourth-quarter earnings last week. , its holiday sales performance seemed to leave its rival in the dust. Investors sent Mattel’s stock up 26% the session after it released earnings while Hasbro’s sank.
The toy giant’s portfolio of brands include Barbie, Hot Wheels, American-Girl, Fisher-Price, Thomas & Friends and MEGA.
Toymakers Mattel Inc. and Jakks Pacific Inc. both have announced merchandising deals with major movie franchises, with Mattel teaming with Illumination and Universal Brand Development on "Despicable Me” toys and Jakks aligning with Warner Bros.’ Godzilla franchise.
Stocks that moved substantially or traded heavily on Friday: Arista Networks Inc., up $23.17 to $263.95 The cloud-computing company beat fourth-quarter forecasts on a surge in revenue and issued a strong ...
Key InsightsCaitlin Noselli, an analyst with Bloomberg Intelligence, said investors were likely reacting to less-than-inspired forecasts after last week’s results. Last week, Mattel reported a surprise profit, excluding some items, as it continued to shake off the liquidation of major customer Toys “R” Us Inc. with the help of aggressive cost cutting. Mattel has been criticized by investors for not shifting more toward entertainment, like rival toy companies Hasbro Inc. and Lego A/S. But Mattel Chief Executive Officer Ynon Kreiz is working to change this, and the company has announced new movies involving Barbie, Hot Wheels and on Friday: American Girl.While Barbie and Hot Wheels are still seen growing this year, their momentum will slow from last year, the company said.
Mattel Inc. shares dove more than 16% late in Friday's trading session after the toy maker revealed that sales would remain flat this year. In a presentation, Chief Financial Officer Joseph Euteneuer said that sales would remain flat in constant currency this year, which was called a "significant improvement" for the company, which has struggled of late. The forecast said that the American Girl line would continue to decline as the company entered a multiyear turnaround plan for the dolls, while a decline in Thomas the Train Engine toys should at least decelerate. Barbie and Hot Wheels toys are expected to grow, while Fisher-Price is expected to stabilize by the end of the year, the presentation claimed. Mattel also said it was looking to transition to a "capital-light" manufacturing plan in 2019, which should begin to pay off in 2020. Mattel's stock was headed toward its biggest one-day percentage loss since Jan. 26, 2017, when it declined more than 17%. Mattel shares had been enjoying a rebound so far this year, rising 43.7% as the S&P 500 index gained 9.5%.
The company said it expects adjusted EBITDA to be in a range of $350 million to $400 million for 2019, below analysts' expectations of $551.6 million, according to FactSet data. Toymaker Mattel MAT had its worst trading day in nearly 20 years on Friday after the company posted weaker-than-expected full-year 2019 guidance during an analyst meeting in New York.
American Girl is the latest Mattel toy brand to get the green light for a live-action feature film. The announcement comes at a time in which American Girl dolls are experiencing poor sales.
NEW YORK, Feb. 15, 2019 /PRNewswire/ -- Today, Fisher-Price®, the leading global brand for infants and preschoolers, will re-launch Rescue Heroes®, a preschool toy line featuring action figures that honor real life heroes who work together to combat disasters whenever or wherever they happen. Through play, the Rescue Heroes toy line aims to stimulate children's imagination and sense of adventure without involving violence. The product line will be available exclusively at Walmart stores nationwide and at Walmart.com beginning this summer.
Mattel Inc. said Friday that it has partnered with Metro Goldwyn Mayer Pictures (MGM) for a live-action film based on its American Girl brand. There has been a previous American Girl movie, "Kit Kittredge: An American Girl," starring Abigail Breslin. Mattel recently announced a Hot Wheels movie, a Barbie film starring and co-produced by Oscar-nominee Margot Robbie. Mattel has also partnered with Sony Pictures for a fresh take on the "Masters of the Universe" animated television series. The toy company has also announced its plans to launch 22 animated and live-action TV programs based on more than 20 Mattel properties. The shows will be distributed across different platforms and aim to reach a wide range of demographics including toddlers and teens. Mattel shares have slipped 0.3% over the past year while the S&P 500 index has gained 0.5% for the period.
EL SEGUNDO, Calif., Feb. 15, 2019 /PRNewswire/ -- Mattel, Inc. (MAT) today announced a new slate of 22 animated and live-action TV programs based on the company's iconic and globally-recognized characters and franchises. The new programs in development are created by Mattel Television for multi-platform distribution and are based on more than 20 properties in Mattel's rich IP portfolio. This innovative slate of high-quality episodic content for multi-platform distribution will encompass a broad range of genres, including action adventure, humor, game shows, music and more, and are designed to reach a range of demographics including toddlers and preschool, boys, girls, tweens, teens and families.