HMD Global, which makes Nokia -branded phones, said it has teamed up with toymaker Mattel to launch the HMD Barbie Phone - a pint-sized pink feature flip phone with a retro design.
Mattel (MAT) reported earnings 30 days ago. What's next for the stock?
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Investors with an interest in Toys - Games - Hobbies stocks have likely encountered both Mattel (MAT) and Take-Two Interactive (TTWO). But which of these two companies is the best option for those looking for undervalued stocks?
Here is how Mattel (MAT) and Netflix (NFLX) have performed compared to their sector so far this year.
Reuters said a private equity firm was interested in buying Mattel. Revenue was flat in the second quarter, but profits soared.
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The average of price targets set by Wall Street analysts indicates a potential upside of 26.1% in Mattel (MAT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Mattel delivered new evidence in its second-quarter earnings report that its turnaround plan is working. But the boost in the company's stock today most likely is a reaction to a rumored buyout attempt, rather than Mattel's performance.
Mattel's (MAT) second-quarter 2024 bottom line benefits from increased margins and higher adjusted EBITDA. New product innovations and expanded retail support position it for continued success.