Roth Capital Issues Pessimistic Forecast for Mattel Earnings

Key Points

• Roth Capital has downgraded its FY2027 earnings estimate for Mattel, projecting earnings per share to be $1.89, down from the previous estimate of $1.91, maintaining a "Neutral" rating and a price target of $20.00.
• Mattel's recent quarterly earnings report showed earnings per share of $0.89, significantly missing analyst expectations of $1.05, with revenue also falling short at $1.74 billion compared to estimates of $1.86 billion.
• Recent reports from other analysts have resulted in varied ratings for Mattel, with DA Davidson lowering their price target while JPMorgan upgraded theirs, reflecting mixed sentiments among investors.

Mattel, Inc. (NASDAQ:MAT - Free Report) - Research analysts at Roth Capital cut their FY2027 earnings per share estimates for shares of Mattel in a research note issued on Wednesday, October 22nd. Roth Capital analyst E. Handler now expects that the company will post earnings per share of $1.89 for the year, down from their prior estimate of $1.91. Roth Capital currently has a "Neutral" rating and a $20.00 price target on the stock. The consensus estimate for Mattel's current full-year earnings is $1.70 per share.

Mattel (NASDAQ:MAT - Get Free Report) last issued its quarterly earnings data on Tuesday, October 21st. The company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the firm posted $1.14 earnings per share. Mattel's quarterly 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.

A number of other research firms have also recently issued reports on MAT. DA Davidson decreased their price target on shares of Mattel from $30.00 to $25.00 and set a "buy" rating for the company in a report on Wednesday. Wall Street Zen cut shares of Mattel from a "buy" rating to a "hold" rating in a report on Friday, June 27th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Mattel in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. lifted 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. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $22.86.

Mattel Price Performance

Shares of Mattel stock opened at $19.18 on Friday. The firm has a fifty day simple moving average of $17.88 and a 200-day simple moving average of $18.00. The company has a current ratio of 1.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.77. Mattel has a 1-year low of $13.94 and a 1-year high of $22.07. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 14.31, a PEG ratio of 2.33 and a beta of 0.68.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Trust Co. of Vermont lifted its position in shares of Mattel by 995.8% in the 1st quarter. Trust Co. of Vermont now owns 1,315 shares of the company's stock worth $26,000 after acquiring an additional 1,195 shares during the period. Parallel Advisors LLC lifted its position in shares of Mattel by 189.9% in the 2nd quarter. Parallel Advisors LLC now owns 1,609 shares of the company's stock worth $32,000 after acquiring an additional 1,054 shares during the period. Traub Capital Management LLC bought a new stake in shares of Mattel in the 2nd quarter worth approximately $40,000. IFP Advisors Inc lifted its position in shares of Mattel by 90.6% in the 2nd quarter. IFP Advisors Inc now owns 2,215 shares of the company's stock worth $44,000 after acquiring an additional 1,053 shares during the period. Finally, Employees Retirement System of Texas bought a new stake in shares of Mattel in the 2nd quarter worth approximately $55,000. 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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