Professional
Added to YB: 2024-03-13
Pitch date: 2023-12-31
MAT [bullish]
Mattel, Inc.
-20.37%
current return
Author Info
No bio for this author
Company Info
Mattel, Inc., a play and family entertainment company, designs, manufactures, markets, and sells toys, games, and other products in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific.
Market Cap
$4.3B
Pitch Price
$18.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.01
P/E
9.37
EV/Sales
1.14
Sector
Leisure Products
Category
value
Ariel Fund Portfolio Holding: Mattel, Inc.
MAT: Despite Q3 earnings beat, shares down on cautious holiday outlook. Maintaining FY guidance; potential for market share growth, profit boost & cash flow uptick. Valuation lags standalone demand strength in core brands (Barbie, Hot Wheels, Disney). Leverage via future entertainment content.
Read full article (1 min)