Bulletin
Investor Alert

Market Pulse Archives

March 30, 2020, 2:19 p.m. EDT

Mattel, Hasbro well-positioned for coronavirus as consumers give up pricey entertainment in favor of toys: UBS

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Mattel Inc. (MAT)
  • X
    Hasbro Inc. (HAS)
  • X
    Walt Disney Co. (DIS)

or Cancel Already have a watchlist? Log In

By Tonya Garcia

Mattel Inc. /zigman2/quotes/209819189/composite MAT +3.65% and Hasbro Inc. /zigman2/quotes/201249319/composite HAS +4.93% are well-positioned to manage the coronavirus pandemic as consumers shift their spending from pricey entertainment to toys, according to UBS. Analysts put the average price of a toy at $10, with more than two-thirds of toys priced at less than $25. "Cutting back on higher-ticket entertainment spend (e.g. visit to Disneyland) can often result in replacing more expensive activities with cheaper in-home entertainment options, such as toys," UBS wrote. Walt Disney Co. /zigman2/quotes/203410047/composite DIS +0.91% parks in both Florida and California are closed until further notice due to the outbreak. Mattel stock has dropped 32.5% over the past year. Hasbro is down 18.8% for the period. And the S&P 500 index /zigman2/quotes/210599714/realtime SPX +2.62% is down 8.6% for the last 12 months.

/zigman2/quotes/209819189/composite
US : U.S.: Nasdaq
$ 10.50
+0.37 +3.65%
Volume: 7.32M
June 5, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$3.51 billion
Rev. per Employee
$167,069
loading...
/zigman2/quotes/201249319/composite
US : U.S.: Nasdaq
$ 80.86
+3.80 +4.93%
Volume: 1.15M
June 5, 2020 4:00p
P/E Ratio
24.65
Dividend Yield
3.36%
Market Cap
$10.56 billion
Rev. per Employee
$848,083
loading...
/zigman2/quotes/203410047/composite
US : U.S.: NYSE
$ 124.82
+1.13 +0.91%
Volume: 16.58M
June 5, 2020 4:00p
P/E Ratio
42.12
Dividend Yield
0.00%
Market Cap
$223.42 billion
Rev. per Employee
$295,532
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,193.93
+81.58 +2.62%
Volume: 4.80B
June 5, 2020 5:07p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.