Mattel, Inc. (NASDAQ:MAT - Free Report) - Equities researchers at DA Davidson issued their FY2025 earnings per share estimates for Mattel in a research note issued on Thursday, May 15th. DA Davidson analyst K. Cox forecasts that the company will post earnings per share of $1.68 for the year. DA Davidson currently has a "Buy" rating and a $30.00 price target 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 $1.86 EPS.
Other research analysts have also issued reports about the company. The Goldman Sachs Group lowered their price target on Mattel from $24.00 to $21.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Morgan Stanley raised their price target on Mattel from $16.00 to $17.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Wall Street Zen upgraded Mattel from a "hold" rating to a "buy" rating in a research report on Saturday. Citigroup raised their price target on Mattel from $19.00 to $22.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Finally, Jefferies Financial Group upgraded Mattel from a "hold" rating to a "buy" rating and raised their price target for the stock from $20.00 to $28.00 in a research report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $24.14.
Read Our Latest Research Report on MAT
Mattel Trading Down 2.2%
Mattel stock traded down $0.43 during mid-day trading on Monday, hitting $19.01. The company's stock had a trading volume of 2,876,262 shares, compared to its average volume of 3,750,591. Mattel has a 1 year low of $13.95 and a 1 year high of $22.07. The stock's fifty day moving average is $17.36 and its two-hundred day moving average is $18.65. The firm has a market capitalization of $6.14 billion, a PE ratio of 11.88, a price-to-earnings-growth ratio of 2.35 and a beta of 0.61. The company has a current ratio of 2.38, a quick ratio of 2.00 and a debt-to-equity ratio of 1.03.
Mattel (NASDAQ:MAT - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.08. The company had revenue of $826.60 million during the quarter, compared to analyst estimates of $791.49 million. Mattel had a return on equity of 25.94% and a net margin of 10.07%. The firm'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 posted ($0.05) earnings per share.
Institutional Trading of Mattel
A number of hedge funds and other institutional investors have recently made changes to their positions in MAT. Magnetar Financial LLC purchased a new stake in Mattel during the 4th quarter valued at approximately $944,000. Arrowstreet Capital Limited Partnership raised its stake in Mattel by 34.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,129,699 shares of the company's stock valued at $37,760,000 after acquiring an additional 545,300 shares during the last quarter. Vanguard Group Inc. raised its stake in Mattel by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 33,134,174 shares of the company's stock valued at $587,469,000 after acquiring an additional 355,769 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Mattel during the 4th quarter valued at approximately $660,000. Finally, Charles Schwab Investment Management Inc. raised its stake in Mattel by 3.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,390,675 shares of the company's stock valued at $77,847,000 after acquiring an additional 127,064 shares during the last quarter. Institutional investors and hedge funds own 97.15% of the company's stock.
About Mattel
(
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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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