Roth Capital Predicts Mattel's FY2027 Earnings (NASDAQ:MAT)

Key Points

• Roth Capital has increased its FY2027 earnings per share estimate for Mattel to $1.91, slightly up from the previous forecast of $1.90, while maintaining a "Neutral" rating and a $22.00 price target on the stock.
• Mattel's current consensus estimate for full-year earnings is $1.70 per share, reflecting a positive outlook compared to the analysts' earlier estimates.
• The company reported a quarterly earnings of $0.19 EPS, exceeding the consensus estimate of $0.16, despite revenue being down 5.7% from the previous year.

Mattel, Inc. (NASDAQ:MAT - Free Report) - Stock analysts at Roth Capital lifted their FY2027 EPS estimates for Mattel in a research note issued to investors on Thursday, September 18th. Roth Capital analyst E. Handler now forecasts that the company will earn $1.91 per share for the year, up from their previous forecast of $1.90. Roth Capital has a "Neutral" rating and a $22.00 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 announced its quarterly earnings results on Wednesday, July 23rd. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.03. Mattel had a return on equity of 25.19% and a net margin of 9.87%.The business had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.09 billion. During the same period in the prior year, the firm earned $0.19 EPS. The business's quarterly revenue was down 5.7% on a year-over-year basis. Mattel has set its FY 2025 guidance at 1.540-1.660 EPS.

MAT has been the subject of a number of other research reports. Citigroup increased their price objective on Mattel from $22.00 to $24.00 and gave the company a "buy" rating in a research report on Monday, June 16th. Wall Street Zen downgraded shares of Mattel from a "buy" rating to a "hold" rating in a research report on Friday, June 27th. Finally, JPMorgan Chase & Co. upped their price target on shares of Mattel from $23.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, July 24th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Mattel currently has a consensus rating of "Moderate Buy" and an average price target of $24.38.

Mattel Price Performance

Mattel stock remained flat at $17.08 during trading hours on Monday. 3,270,459 shares of the company's stock traded hands, compared to its average volume of 2,820,017. The firm's fifty day moving average price is $18.09 and its 200-day moving average price is $18.28. The company has a current ratio of 1.62, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 10.35, a P/E/G ratio of 2.08 and a beta of 0.66. Mattel has a 52-week low of $13.94 and a 52-week high of $22.07.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of MAT. Cetera Investment Advisers acquired a new stake in shares of Mattel during the 4th quarter worth about $212,000. Man Group plc boosted its holdings in shares of Mattel by 47.6% in the 4th quarter. Man Group plc now owns 21,550 shares of the company's stock worth $382,000 after acquiring an additional 6,948 shares in the last quarter. ProShare Advisors LLC grew its holdings in shares of Mattel by 6.4% during the fourth quarter. ProShare Advisors LLC now owns 15,762 shares of the company's stock worth $279,000 after purchasing an additional 949 shares during the last quarter. Two Sigma Investments LP raised its stake in shares of Mattel by 34.7% in the fourth quarter. Two Sigma Investments LP now owns 83,834 shares of the company's stock worth $1,486,000 after acquiring an additional 21,583 shares during the last quarter. Finally, Vident Advisory LLC bought a new position in Mattel in the 4th quarter worth approximately $618,000. 97.15% of the stock is owned by institutional investors.

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.