Mattel Inc. (MAT): Today's Featured Consumer Durables Winner - TheStreet

Mattel

(

MAT

) pushed the Consumer Durables industry higher today making it today's featured consumer durables winner. The industry as a whole closed the day up 0.2%. By the end of trading, Mattel rose 28 cents (0.9%) to $31.94 on light volume. Throughout the day, 1.7 million shares of Mattel exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in a price between $31.71-$32.15 after having opened the day at $31.79 as compared to the previous trading day's close of $31.66. Other companies within the Consumer Durables industry that increased today were:

US Home Systems

(

USHS

), up 4.7%,

Johnson Outdoors

(

JOUT

), up 3.9%,

American Woodmark Corporation

(

AMWD

), up 3.9%, and

Entertainment Gaming Asia

(

EGT

), up 3.6%.

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Mattel, Inc., together with its subsidiaries, designs, manufactures, and markets various toy products. Its products comprise fashion dolls and accessories, vehicles and play sets, and games and puzzles. Mattel has a market cap of $10.97 billion and is part of the

consumer goods

sector. The company has a P/E ratio of 15, above the average consumer durables industry P/E ratio of 14.8 and below the S&P 500 P/E ratio of 17.7. Shares are up 14.1% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Mattel a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Mattel as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

Cobra Electronics Corporation

(

COBR

), down 4.3%,

Furniture Brands International

(

FBN

), down 4.3%,

Virco Manufacturing Corporation

(

VIRC

), down 3.5%, and

Sealy

(

ZZ

), down 3.4%, were all losers within the consumer durables industry with

Canon

(

CAJ

) being today's consumer durables industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider

Consumer Discretionary Sel Sec SPDR

(

XLY

) while those bearish on the consumer durables industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

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