Mattel (NASDAQ:MAT) Updates FY 2025 Earnings Guidance

Mattel (NASDAQ:MAT - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.540-1.660 for the period, compared to the consensus EPS estimate of 1.616. The company issued revenue guidance of $5.4 billion-$5.5 billion, compared to the consensus revenue estimate of $5.5 billion.

Analyst Ratings Changes

Several brokerages recently issued reports on MAT. Wall Street Zen cut Mattel from a "buy" rating to a "hold" rating in a report on Friday, June 27th. Roth Capital set a $22.00 target price on Mattel and gave the company a "neutral" rating in a research note on Friday, July 11th. DA Davidson reissued a "buy" rating and issued a $30.00 price target on shares of Mattel in a research note on Thursday, May 15th. JPMorgan Chase & Co. raised their price target on Mattel from $23.00 to $25.00 and gave the stock a "neutral" rating in a research note on Thursday. Finally, Citigroup raised their price target on Mattel from $22.00 to $24.00 and gave the stock a "buy" rating in a research note on Monday, June 16th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $24.38.

Mattel Stock Up 3.2%

Mattel stock traded up $0.54 during midday trading on Friday, hitting $17.43. 10,169,160 shares of the company were exchanged, compared to its average volume of 4,133,666. Mattel has a fifty-two week low of $13.94 and a fifty-two week high of $22.07. The company's fifty day moving average price is $19.49 and its 200-day moving average price is $18.89. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.43 and a quick ratio of 1.86. The company has a market cap of $5.63 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 2.19 and a beta of 0.66.

Mattel (NASDAQ:MAT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. Mattel had a return on equity of 25.02% and a net margin of 9.87%. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the previous year, the business earned $0.19 EPS. The business's quarterly revenue was down 5.7% on a year-over-year basis. On average, research analysts predict that Mattel will post 1.7 EPS for the current fiscal year.

Institutional Investors Weigh In On Mattel

Institutional investors have recently made changes to their positions in the company. Focus Partners Wealth bought a new stake in shares of Mattel in the 1st quarter worth approximately $266,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Mattel by 5.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 778,963 shares of the company's stock worth $15,135,000 after purchasing an additional 37,118 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Mattel by 50.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,153,851 shares of the company's stock valued at $80,709,000 after acquiring an additional 1,393,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Mattel by 74.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company's stock worth $67,000 after acquiring an additional 1,468 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in Mattel during the 1st quarter worth $553,000. 97.15% of the stock is currently owned by institutional investors.

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.