Mattel Rises On Unusually High Volume (MAT)

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) is trading at unusually high volume Wednesday with 5.3 million shares changing hands. It is currently at two times its average daily volume and trading up 97 cents (+2.3%) at $43.95 as of 3:05 p.m. ET.

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Mattel has a market cap of $14.84 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 17.4% year to date as of the close of trading on Tuesday.

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 19.4, above the S&P 500 P/E ratio of 17.7.

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.

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