What is DA Davidson's Estimate for Mattel FY2026 Earnings?

Mattel, Inc. (NASDAQ:MAT - Free Report) - Research analysts at DA Davidson cut their FY2026 earnings estimates for shares of Mattel in a note issued to investors on Monday, July 7th. DA Davidson analyst K. Cox now forecasts that the company will post earnings of $1.68 per share for the year, down from their prior estimate of $1.86. DA Davidson has a "Buy" rating and a $30.00 price objective on the stock. The consensus estimate for Mattel's current full-year earnings is $1.70 per share.

A number of other analysts have also commented on MAT. Wall Street Zen lowered Mattel from a "buy" rating to a "hold" rating in a report on Friday, June 27th. Morgan Stanley boosted their price target on Mattel from $16.00 to $17.00 and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Citigroup boosted their price target on shares of Mattel from $22.00 to $24.00 and gave the stock a "buy" rating in a research report on Monday, June 16th. Finally, The Goldman Sachs Group cut their price target on shares of Mattel from $24.00 to $21.00 and set a "buy" rating on the stock in a research report on Wednesday, May 7th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Mattel has a consensus rating of "Moderate Buy" and a consensus target price of $24.43.

Mattel Trading Up 0.4%

MAT opened at $20.09 on Wednesday. The stock has a market capitalization of $6.49 billion, a P/E ratio of 12.88, a P/E/G ratio of 2.09 and a beta of 0.66. The firm's fifty day simple moving average is $18.95 and its 200 day simple moving average is $18.75. Mattel has a 12 month low of $13.95 and a 12 month high of $22.07. The company has a current ratio of 2.43, a quick ratio of 1.86 and a debt-to-equity ratio of 1.10.

Mattel (NASDAQ:MAT - Get Free Report) last posted its earnings results on Monday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.11) by $0.08. The business had revenue of $826.60 million during the quarter, compared to analysts' expectations of $791.49 million. Mattel had a return on equity of 25.80% and a net margin of 9.82%. Mattel's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.05) EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. AlphaQuest LLC grew its stake in Mattel by 13.0% in the 1st quarter. AlphaQuest LLC now owns 4,782 shares of the company's stock valued at $93,000 after buying an additional 551 shares during the last quarter. Xponance Inc. grew its position in shares of Mattel by 1.6% during the 4th quarter. Xponance Inc. now owns 46,262 shares of the company's stock worth $820,000 after purchasing an additional 739 shares in the last quarter. Yousif Capital Management LLC grew its position in shares of Mattel by 0.7% during the 1st quarter. Yousif Capital Management LLC now owns 119,902 shares of the company's stock worth $2,330,000 after purchasing an additional 884 shares in the last quarter. Brighton Jones LLC grew its position in shares of Mattel by 7.4% during the 1st quarter. Brighton Jones LLC now owns 12,972 shares of the company's stock worth $252,000 after purchasing an additional 890 shares in the last quarter. Finally, State of Michigan Retirement System grew its position in shares of Mattel by 1.1% during the 1st quarter. State of Michigan Retirement System now owns 80,633 shares of the company's stock worth $1,567,000 after purchasing an additional 900 shares in the last quarter. Institutional investors and hedge funds own 97.15% of the company's stock.

About Mattel

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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