DA Davidson Has Negative Outlook of Mattel FY2025 Earnings

Mattel, Inc. (NASDAQ:MAT) – Equities researchers at DA Davidson cut their FY2025 earnings estimates for shares of Mattel in a research report issued on Wednesday, October 22nd. DA Davidson analyst K. Cox now expects that the company will earn $1.56 per share for the year, down from their prior estimate of $1.61. DA Davidson has a “Buy” rating and a $25.00 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 $1.82 EPS.

A number of other equities research analysts have also weighed in on MAT. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mattel in a report on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on Mattel from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Wall Street Zen cut Mattel from a “buy” rating to a “hold” rating in a research note on Friday, June 27th. Finally, Roth Capital set a $20.00 price target on Mattel and gave the company a “neutral” rating in a report on Wednesday. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Mattel currently has a consensus rating of “Moderate Buy” and an average price target of $22.86.

Mattel Stock Up 4.8%

Shares of NASDAQ:MAT opened at $19.18 on Friday. The company has a 50 day moving average of $17.88 and a two-hundred day moving average of $18.00. Mattel has a 52-week low of $13.94 and a 52-week high of $22.07. The company has a quick ratio of 1.12, a current ratio of 1.60 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 14.31, a price-to-earnings-growth ratio of 2.33 and a beta of 0.68.

Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Tuesday, October 21st. The company reported $0.89 EPS 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 company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the prior year, the firm earned $1.14 EPS. The company’s revenue for the quarter was down 5.9% compared to the same quarter last year. Mattel has set its FY 2025 guidance at 1.540-1.660 EPS.

Institutional Trading of Mattel

Several hedge funds and other institutional investors have recently bought and sold shares of the company. AlphaQuest LLC lifted its holdings in Mattel by 13.0% during the 1st quarter. AlphaQuest LLC now owns 4,782 shares of the company’s stock worth $93,000 after buying an additional 551 shares during the last quarter. Sei Investments Co. raised its position in shares of Mattel by 1.7% during the 2nd quarter. Sei Investments Co. now owns 45,736 shares of the company’s stock valued at $902,000 after acquiring an additional 758 shares in the last quarter. State of Michigan Retirement System lifted its stake in Mattel by 1.1% during the first 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 during the last quarter. Louisiana State Employees Retirement System lifted its stake in Mattel by 1.0% during the first quarter. Louisiana State Employees Retirement System now owns 94,400 shares of the company’s stock worth $1,834,000 after purchasing an additional 900 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in Mattel by 90.6% in the second quarter. IFP Advisors Inc now owns 2,215 shares of the company’s stock worth $44,000 after purchasing an additional 1,053 shares during the period. 97.15% of the stock is owned by institutional investors.

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.