Professional
Added to YB: 2024-03-13
Pitch date: 2023-12-31
MAT [bullish]
Mattel, Inc.
-7.34%
current return
Author Info
No bio for this author
Company Info
Mattel, Inc., a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$5.1B
Pitch Price
$18.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.83
P/E
13.28
EV/Sales
1.21
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.
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