Is Mattel Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: MAT) stock is to Strong Buy MAT stock.
Out of 3 analysts, 3 (100%) are recommending MAT as a Strong Buy, 0 (0%) are recommending MAT as a Buy, 0 (0%) are recommending MAT as a Hold, 0 (0%) are recommending MAT as a Sell, and 0 (0%) are recommending MAT as a Strong Sell.
What is MAT's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: MAT) forecast ROE is 34.83%, which is considered strong.
What is MAT's Price Target?
According to 3 Wall Street analysts that have issued a 1 year MAT price target, the average MAT price target is $24.00, with the highest MAT stock price forecast at $25.00 and the lowest MAT stock price forecast at $23.00.
On average, Wall Street analysts predict that Mattel's share price could reach $24.00 by Jul 27, 2024. The average Mattel stock price prediction forecasts a potential upside of 12.15% from the current MAT share price of $21.40.
What is MAT's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: MAT) forecast ROA is 11.59%, which is higher than the forecast US Leisure industry average of 9.46%.
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