Mattel (Nasdaq:MAT) hit a new 52-week high Thursday as it is currently trading at $44.30, above its previous 52-week high of $44.25 with 397,836 shares traded as of 10:35 a.m. ET. Average volume has been 2.6 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Mattel (Nasdaq: MAT) hit a new 52-week high Thursday as it is currently trading at $44.30, above its previous 52-week high of $44.25 with 397,836 shares traded as of 10:35 a.m. ET. Average volume has been 2.6 million shares over the past 30 days. Mattel has a market cap of $14.93 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 18.1% year to date as of the close of trading on Wednesday. Mattel, Inc., together with its subsidiaries, designs, manufactures, and markets various toy products. The company operates in three segments: North America, International, and American Girl. Its products comprise fashion dolls and accessories, vehicles and play sets, and games and puzzles. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Mattel as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Mattel Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.