Mattel (NASDAQ:MAT) Issues FY 2025 Earnings Guidance

Key Points

• Mattel has issued its FY 2025 earnings guidance, projecting EPS between 1.540 and 1.660, slightly below the consensus estimate of 1.610.
• The company anticipates revenue of $5.4 billion to $5.5 billion, aligning with analysts' expectations of $5.4 billion.
• Following the earnings guidance announcement, Mattel's stock increased by 2.4% to $18.82, indicating positive market sentiment.

Mattel (NASDAQ:MAT - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.540-1.660 for the period, compared to the consensus EPS estimate of 1.610. The company issued revenue guidance of $5.4 billion-$5.5 billion, compared to the consensus revenue estimate of $5.4 billion.

Mattel Trading Up 2.4%

MAT traded up $0.45 during midday trading on Tuesday, hitting $18.82. The company's stock had a trading volume of 5,894,706 shares, compared to its average volume of 3,982,164. The company has a current ratio of 1.62, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. The firm has a market cap of $6.06 billion, a P/E ratio of 12.14, a PEG ratio of 2.33 and a beta of 0.68. The firm has a 50-day moving average price of $17.84 and a two-hundred day moving average price of $17.97. Mattel has a 52-week low of $13.94 and a 52-week high of $22.07.

Mattel (NASDAQ:MAT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.16 by $0.03. The company had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $1.09 billion. Mattel had a return on equity of 25.19% and a net margin of 9.87%.The firm's revenue was down 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.19 EPS. Mattel has set its FY 2025 guidance at 1.540-1.660 EPS. On average, research analysts anticipate that Mattel will post 1.7 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on MAT shares. Roth Capital set a $22.00 target price on Mattel and gave the stock a "neutral" rating in a report on Friday, July 11th. Wall Street Zen cut Mattel from a "buy" rating to a "hold" rating in a report on Friday, June 27th. Weiss Ratings reissued a "hold (c)" rating on shares of Mattel in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. boosted their price target on Mattel from $23.00 to $25.00 and gave the stock a "neutral" rating in a research report on Thursday, July 24th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $24.38.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. grew its stake in shares of Mattel by 19.7% in the second quarter. Raymond James Financial Inc. now owns 59,100 shares of the company's stock worth $1,165,000 after purchasing an additional 9,746 shares in the last quarter. Orion Porfolio Solutions LLC grew its stake in shares of Mattel by 221.0% in the second quarter. Orion Porfolio Solutions LLC now owns 56,637 shares of the company's stock worth $1,117,000 after purchasing an additional 38,993 shares in the last quarter. Man Group plc grew its stake in shares of Mattel by 121.5% in the second quarter. Man Group plc now owns 52,309 shares of the company's stock worth $1,032,000 after purchasing an additional 28,690 shares in the last quarter. Sei Investments Co. grew its stake in shares of Mattel by 1.7% in the second quarter. Sei Investments Co. now owns 45,736 shares of the company's stock worth $902,000 after purchasing an additional 758 shares in the last quarter. Finally, Vident Advisory LLC bought a new position in shares of Mattel in the second quarter worth $626,000. Institutional investors 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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