DA Davidson Has Pessimistic View of Mattel FY2025 Earnings

Key Points

• DA Davidson has reduced its FY2025 earnings per share estimate for Mattel to $1.56, down from a previous estimate of $1.61, while still maintaining a "Buy" rating and a price target of $25.00.
• Mattel recently reported a quarterly EPS of $0.89, missing the consensus estimate of $1.05, with revenue declining 5.9% year-over-year to $1.74 billion.
• Institutional investors and hedge funds own approximately 97.15% of Mattel's stock, indicating strong institutional interest despite mixed ratings from analysts.

Mattel, Inc. (NASDAQ:MAT - Free Report) - Research analysts at DA Davidson decreased their FY2025 earnings per share estimates for Mattel in a note issued to investors on Wednesday, October 22nd. DA Davidson analyst K. Cox now expects that the company will earn $1.56 per share for the year, down from their previous estimate of $1.61. DA Davidson has a "Buy" rating and a $25.00 price objective on the stock. The consensus estimate for Mattel's current full-year earnings is $1.70 per share. DA Davidson also issued estimates for Mattel's FY2026 earnings at $1.82 EPS.

Several other research firms also recently weighed in on MAT. Roth Capital set a $20.00 target price on shares of Mattel and gave the company a "neutral" rating in a report on Wednesday. Wall Street Zen cut shares of Mattel from a "buy" rating to a "hold" rating in a research note on Friday, June 27th. JPMorgan Chase & Co. upped their target price on Mattel from $23.00 to $25.00 and gave the company a "neutral" rating in a research note on Thursday, July 24th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Mattel in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Mattel presently has an average rating of "Moderate Buy" and a consensus target price of $22.86.

Mattel Stock Up 4.8%

Mattel stock opened at $19.18 on Friday. Mattel has a fifty-two week low of $13.94 and a fifty-two week high of $22.07. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.12 and a current ratio of 1.60. The stock's fifty day moving average is $17.88 and its two-hundred day moving average is $18.00. The firm has a market capitalization of $6.18 billion, a price-to-earnings ratio of 14.31, a price-to-earnings-growth ratio of 2.33 and a beta of 0.68.

Mattel (NASDAQ:MAT - Get Free Report) last announced its quarterly earnings results on Tuesday, October 21st. The company reported $0.89 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.16). Mattel had a return on equity of 20.60% and a net margin of 8.27%.The firm had revenue of $1.74 billion for the quarter, compared to analysts' expectations of $1.86 billion. During the same period last year, the firm earned $1.14 EPS. Mattel's revenue was down 5.9% compared to the same quarter last year. Mattel has set its FY 2025 guidance at 1.540-1.660 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC grew its holdings in Mattel by 42.8% in the first quarter. GAMMA Investing LLC now owns 5,058 shares of the company's stock valued at $98,000 after purchasing an additional 1,517 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Mattel during the 1st quarter valued at $362,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Mattel by 195.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 76,586 shares of the company's stock worth $1,488,000 after buying an additional 50,700 shares during the last quarter. State of Alaska Department of Revenue raised its position in shares of Mattel by 2.8% in the 1st quarter. State of Alaska Department of Revenue now owns 39,479 shares of the company's stock worth $767,000 after buying an additional 1,070 shares during the period. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in Mattel in the first quarter valued at $375,000. Institutional investors and hedge funds own 97.15% of the company's stock.

Mattel Company Profile

Mattel, Inc, a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accessories for kids, adults, and collectors under the Hot Wheels, Hot Wheels Monster Trucks, Hot Wheels Mario Kart, Matchbox, and Cars brand names; and infant, toddler, and preschool products comprising content, toys, live events, and other consumer products under the Fisher-Price, Little People and Imaginext, and Thomas & Friends, and Power wheels brands.

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