Mattel Inc. (MAT): Today's Featured Consumer Goods 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 Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.9%. By the end of trading, Mattel fell $1.40 (-3.3%) to $41.15 on average volume. Throughout the day, 2,777,599 shares of Mattel exchanged hands as compared to its average daily volume of 2,404,700 shares. The stock ranged in price between $41.13-$42.22 after having opened the day at $41.81 as compared to the previous trading day's close of $42.55. Other companies within the Consumer Goods sector that declined today were: Ever-Glory International Group ( EVK), down 16.1%, Cooper Tire & Rubber Company ( CTB), down 12.8%, Tandy Brands Accessories ( TBAC), down 11.1% and Myers Industries ( MYE), down 9.3%.

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 $14.7 billion and is part of the consumer durables industry. Shares are up 16.7% year to date as of the close of trading on Friday. 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, expanding profit margins, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures 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 positive front, Fuwei Films (Holdings ( FFHL), up 15.9%, China Marine Food Group ( CMFO), up 12.9%, Swisher Hygiene ( SWSH), up 9.8% and DS Healthcare Group ( DSKX), up 8.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector 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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