toy stocks

Toys "R" Us officially filed for Chapter 11 bankruptcy reorganization in a move that shouldn't come as a surprise, as it has been speculated for a while that the retailer was struggling with its debt obligation. Under the new plan, Toys "R" Us has secured around $3 billion of debtor-in-possession...

Toy stocks were hard hit last week after reports suggested that the toy-retail giant Toys "R" Us was close to potentially filing for bankruptcy. By Tuesday morning, the company's deceleration of bankrupt was made official, The Washington Post and other media outlets reported. Toys "R" Us filed for...

Mattel, Inc. (NASDAQ: MAT) presented to investors a compelling long-term strategy but with one notable missing component: timing. DA Davidson Linda Bolton Weiser downgrades Mattel's stock rating from Buy to Neutral with a price target slashed from $30 to $24. While Mattel's CEO Margo Georgiadis...

Shares of Mattel, Inc. (NASDAQ: MAT) continue flirting with its 52-week lows of $21.55 ahead of the company's Investor Day presentation (on June 14) and expectations are relatively high, Wells Fargo's Timothy Conder noted in a research report. Mattel's top priority would be for CEO Margo Georgiadis...

Amazon.com, Inc. (NASDAQ: AMZN)'s push to become a seller of nearly everything is making a major push into toys. The online retailer released on Monday a curated list of more than 400 toys to ensure that customers' summer days will be "non-stop fun." "Our team of toy experts are excited about all...

Argus' John Staszak downgraded shares of toymaker Mattel, Inc. (NASDAQ: MAT) from Buy to Hold as the analyst believes the company's first-quarter earnings report signals that a turnaround will take "at least several quarters." Staszak stated in his downgrade report that he is concerned with Mattel'...

Mattel, Inc. (NASDAQ: MAT)'s "ugly" quarter prompted Eric Handler to lower his price target on the toymaker from $27 to $24 while maintaining a Neutral rating. According to Handler, Mattel's revenue and earnings per share shortfall in the first quarter was attributed to a lower level of reorders...

Investors that own stock in a toy company (or many toy companies) should be paying attention to New York City as the city will host the 2017 Toy Fair February 18 through 21. The event will take place at the Jacob K. Javits Convention Center and toy companies will be front and center. Last year...

Shares of Hasbro, Inc. (NASDAQ: HAS) hit a new all-time high of $98.76 on Friday while rival Mattel, Inc. (NASDAQ: MAT) has been trading at its lowest levels in a year after a poor earnings report. Analysts at Goldman Sachs initiated coverage of Hasbro with a Buy rating and $110 price target....