-
Should Investors Continue Playing With Mattel's Stock?
Friday, October 23, 2020 - 1:20pm | 542Read More...Mattel Inc (NASDAQ: MAT) reported third-quarter results that exceeded expectations due to what management described as "extraordinary" demand for toys. Shares are up more than 10% in Friday's session. Here is a summary of how some of the Street's top analysts reacted to the...
-
UBS Upgrades Hasbro As Stock Price Bakes In Tariffs, Slow Holiday
Monday, November 25, 2019 - 9:16am | 412Read More...Hasbro, Inc. (NASDAQ: HAS) has slipped 25% on weak third-quarter figures, but the toymaker could gain firmer footing as Walt Disney Co's (NYSE: DIS) “Frozen” franchise heats things up. The Rating UBS analysts led by Arpine Kocharyan upgraded Hasbro to Buy and maintained a $117 price...
-
Toying With Tariffs: Trade War With Mexico Could Hurt Mattel, While China Spat Affects Hasbro
Wednesday, June 5, 2019 - 12:26pm | 619Read More...For toymakers Hasbro, Inc. (NASDAQ: HAS) and Mattel Inc., (NASDAQ: MAT), American saber-rattling on trade is no child’s play. The impact of high tariffs on products coming from Mexico — a threat made last week by the Trump administration — and China, with which the...
-
Fisher-Price Sleeper Recall Could Cost Mattel Up To $60M
Monday, April 15, 2019 - 1:00pm | 635Read More...Market analysts say Fisher-Price’s voluntary recall of nearly 5 million infant sleepers could cost Mattel Inc. (NASDAQ: MAT) $40 million to $60 million not counting potential legal costs and increases the risk to its shares. What Happened The company, in cooperation with the U.S. Consumer...
-
UBS: Increasingly, Toys 'R' Sold Online
Friday, December 21, 2018 - 3:06pm | 717Read More...Toyland is increasingly a virtual place. Online toy sales will see a modest increase over the coming years, according to the newest UBS Evidence Lab eCommerce Retail survey, and more than one-third of toy purchases could be made online by 2022 — up from about 23 percent of sales now. That...
-
What Toys R Us Store Closures Could Mean For Mattel, Hasbro
Thursday, December 21, 2017 - 1:09pm | 474Read More...Toy investors have plenty of reasons to be nervous about their investments, including a reduction in store footprints, mostly from Toys R Us closures. The Analyst UBS' Arpine Kocharyan. The Thesis Toy investors continue to face significant uncertainty as Toys R Us has consistently been an...
-
There's Rationale For A Hasbro And Mattel Deal
Monday, November 13, 2017 - 8:17am | 374Read More...Struggling toymaker Mattel, Inc. (NASDAQ: MAT) is in talks to sell itself to larger rival Hasbro, Inc. (NASDAQ: HAS), The Wall Street Journal reported on Friday. The Analyst UBS analyst Arpine Kocharyan maintains a Neutral rating and $104 price target on Hasbro's stock and a Buy rating and $...
-
Dividend Suspension A Hard Pill To Swallow For Mattel Investors
Friday, October 27, 2017 - 12:28pm | 375Read More...Mattel, Inc. (NASDAQ: MAT)'s attractive dividend yield of more than 4.5 percent is now off the table. While many had seen the dividend elimination a real possibility given the company's ongoing struggles in a difficult environment, the company made the wise decision, UBS's Arpine Kocharyan said in...
-
How The Toys R Us Bankruptcy Will Be Different From KB Toys
Monday, October 2, 2017 - 6:57am | 1564Read More...In the 1980s, Toys R Us was gobbling market share in the golden age of brick and mortar. In the 1990s, soaring profits fueled its expansion both in the U.S. and abroad. But on Sept. 19, the once redoubtable retailer filed for Chapter 11 bankruptcy protection, submitting to a heavy debt burden amid...
-
UBS Answers 5 FAQs From Investors About Mattel
Thursday, September 14, 2017 - 1:13pm | 748Read More...The toy industry is experiencing turmoil. As recently as this month, Danish toymaker Lego announced job cuts, as its sales for the first half declined for the first time in a decade. Also this month, Toys R Us reportedly hired restructuring lawyers for potentially filing for bankruptcy. However...
-
After 5 Years, Mattel's Top Line Returns To Growth; Q4 Guided Higher Than Average
Friday, July 28, 2017 - 12:24pm | 386Read More...Mattel, Inc. (NASDAQ: MAT)'s stock hit a multi-year low of $19.16 on Friday after the company's earnings report disappointed investors. But not all analysts on the Street are ready to throw in the towel just yet, including UBS's Arpine Kocharyan, who maintains a Buy rating and $26 price target on...
-
Mattel: Does This Toy Story Have An Upcoming Twist?
Thursday, May 18, 2017 - 10:06am | 436Read More...Mattel, Inc. (NASDAQ: MAT) shares are now down more than 20 percent in 2017. But with a number of potential catalysts on the horizon, Mattel shareholders are anticipating some big news in the coming weeks. The Year Thus Far And Upcoming Analyst Day Mattel’s has lagged its way into a 6.9-...
-
Mattel Investors Anxious To See Their Dividend Cut, May Have To Wait To June
Monday, April 24, 2017 - 7:45am | 333Read More...Shares of Mattel, Inc. (NASDAQ: MAT) plunged 13 percent Friday and hit a new 52-week low of $21.78 after the company reported disappointing first-quarter results. The sell off has created a unique opportunity for dividend investors as the stock is currently yielding nearly 7 percent. There is some...
-
The Hypothetical Case For A Mattel-Hasbro Merger
Tuesday, March 14, 2017 - 2:11pm | 515Read More...UBS analyst Arpine Kocharyan said 2017-2018 could see a pickup in consolidation in the toy market, which remains fragmented. The top 3 players – Mattel, Inc. (NASDAQ: MAT), Hasbro, Inc. (NASDAQ: HAS) and LEGO Group -- make up about 50 percent of U.S. market, with the rest of 6-7 players at...
-
Cautious Optimism For Mattel And Hasbro This Holiday Season Thanks To Barbie, Star Wars And More
Tuesday, September 20, 2016 - 12:34pm | 307Read More...For toy makers Hasbro, Inc. (NASDAQ: HAS) and Mattel Inc. (NASDAQ: MAT), the holiday shopping season is the most critical time of the year. Although the holiday shopping rush is still a couple of months away, UBS analyst Arpine Kocharyan is reporting some positive preliminary channel checks....
