Mattel Inc. (MAT): Today's Featured Consumer Durables Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Mattel ( MAT) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Mattel fell $0.43 (-1.0%) to $42.10 on average volume. Throughout the day, 2,340,422 shares of Mattel exchanged hands as compared to its average daily volume of 2,162,500 shares. The stock ranged in price between $42.05-$42.70 after having opened the day at $42.68 as compared to the previous trading day's close of $42.53. Other companies within the Consumer Durables industry that declined today were: Furniture Brands International ( FBN), down 12.9%, A. T. Cross Company ( ATX), down 4.7%, Movado Group ( MOV), down 3.6% and Canon ( CAJ), down 2.3%.

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. Mattel has a market cap of $14.8 billion and is part of the consumer goods sector. Shares are up 16.8% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Mattel a buy, no analysts rate it a sell, and 4 rate it a hold.

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, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Pitney Bowes ( PBI), up 12.8%, Tempur Sealy International ( TPX), up 6.7%, Cobra Electronics Corporation ( COBR), up 5.0% and Leapfrog ( LF), up 3.9%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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