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Mattel Inc (NASDAQ:MAT). shares have surged to a 52-week high, reaching a price level of $21.88, as the toy manufacturer continues to captivate investors with its impressive performance. According to InvestingPro data, the stock has delivered a remarkable 20% return year-to-date, though technical indicators suggest the stock may be entering overbought territory. Over the past year, the company has seen a substantial uptick in its stock value, boasting a 13.88% increase. With a market capitalization of $7.4 billion and a P/E ratio of 13.7, this significant growth reflects the company’s successful strategies and strong market presence, which have resonated well with consumers and investors alike. The 52-week high milestone underscores the positive sentiment surrounding Mattel’s prospects and its ability to sustain momentum in a competitive industry. For deeper insights into Mattel’s valuation and technical analysis, along with 10 additional ProTips, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Mattel has seen a flurry of positive analyst action following robust financial results. UBS analysts raised their price target for Mattel to $29, following an impressive fourth-quarter earnings beat and a favorable 2025 fiscal guidance. The firm increased its earnings per share (EPS) estimates for 2025 to $1.67, up from $1.52, and projected a 2026 EPS of $1.79.
DA Davidson also expressed optimism for Mattel, increasing their price target to $30. The firm noted the company’s strong fourth-quarter performance, with sales increasing by 3% and operating profit growing by 10%. They also highlighted Mattel’s 2025 guidance, which includes an EPS between $1.66 and $1.72, surpassing the consensus estimate of $1.58.
CFRA upgraded Mattel’s stock rating from Hold to Buy, increasing the price target to $26. The firm cited Mattel’s growth potential and a $600 million buyback program as reasons for the upgrade. CFRA also raised its 2025 EPS estimate for Mattel to $1.75 and introduced a 2026 EPS estimate of $1.90.
Goldman Sachs increased Mattel’s price target to $24, maintaining a Buy rating. The new price target represents a 21% upside, based on a valuation of 12.5 times the estimated 2026 EPS. The firm noted Mattel’s fourth-quarter earnings beat and improved margins due to supply chain efficiencies and cost-saving programs.
Lastly, Jefferies upgraded Mattel from Hold to Buy, raising the price target to $28. The firm cited positive Q4 results and a projected sales growth of 2%-3% by 2025 as reasons for the upgrade. They also highlighted Mattel’s potential to capture more market share within a growing toy sector and a robust pipeline for 2025.
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