What is DA Davidson's Forecast for Mattel FY2025 Earnings?

Mattel, Inc. (NASDAQ:MAT - Free Report) - Equities research analysts at DA Davidson issued their FY2025 earnings per share estimates for Mattel in a research note issued to investors on Thursday, May 15th. DA Davidson analyst K. Cox forecasts that the company will post earnings of $1.68 per share for the year. DA Davidson currently has a "Buy" rating and a $30.00 target price 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.

Several other analysts have also recently weighed in on the company. StockNews.com raised Mattel from a "hold" rating to a "buy" rating in a research report on Wednesday, March 12th. Morgan Stanley raised their target price on Mattel from $16.00 to $17.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. The Goldman Sachs Group reduced their price target on Mattel from $24.00 to $21.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Jefferies Financial Group upgraded Mattel from a "hold" rating to a "buy" rating and increased their price objective for the stock from $20.00 to $28.00 in a report on Wednesday, February 5th. Finally, Citigroup raised their price objective on Mattel from $19.00 to $22.00 and gave the company a "buy" rating in a research report on Tuesday, May 6th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, Mattel presently has an average rating of "Moderate Buy" and a consensus target price of $24.14.

Mattel Price Performance

Shares of NASDAQ MAT opened at $20.10 on Monday. Mattel has a 1 year low of $13.95 and a 1 year high of $22.07. The stock has a market capitalization of $6.49 billion, a P/E ratio of 12.56, a P/E/G ratio of 2.35 and a beta of 0.61. The company's 50-day moving average is $17.41 and its 200 day moving average is $18.65. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.38 and a quick ratio of 2.00.

Mattel (NASDAQ:MAT - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.08. Mattel had a net margin of 10.07% and a return on equity of 25.94%. The business had revenue of $826.60 million for the quarter, compared to the consensus estimate of $791.49 million. During the same period in the previous year, the firm earned ($0.05) EPS. The company's quarterly revenue was up 2.1% compared to the same quarter last year.

Institutional Trading of Mattel

Several hedge funds have recently bought and sold shares of MAT. Assenagon Asset Management S.A. bought a new position in shares of Mattel in the fourth quarter worth about $7,431,000. Krilogy Financial LLC raised its stake in Mattel by 12.6% during the 4th quarter. Krilogy Financial LLC now owns 75,828 shares of the company's stock worth $1,344,000 after acquiring an additional 8,467 shares during the period. Aaron Wealth Advisors LLC lifted its holdings in Mattel by 18.3% during the fourth quarter. Aaron Wealth Advisors LLC now owns 13,455 shares of the company's stock valued at $239,000 after purchasing an additional 2,082 shares in the last quarter. Crossmark Global Holdings Inc. boosted its position in shares of Mattel by 26.6% in the fourth quarter. Crossmark Global Holdings Inc. now owns 134,954 shares of the company's stock worth $2,393,000 after purchasing an additional 28,386 shares during the period. Finally, Clear Harbor Asset Management LLC increased its stake in shares of Mattel by 5.5% in the fourth quarter. Clear Harbor Asset Management LLC now owns 12,918 shares of the company's stock worth $229,000 after purchasing an additional 675 shares in the last quarter. Institutional investors 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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