Roth Capital Issues Pessimistic Forecast for Mattel Earnings

Mattel, Inc. (NASDAQ:MAT) – Roth Capital reduced their FY2027 earnings estimates for Mattel in a note issued to investors on Wednesday, October 22nd. Roth Capital analyst E. Handler now anticipates that the company will post earnings of $1.89 per share for the year, down from their prior forecast of $1.91. Roth Capital has a “Neutral” rating and a $20.00 price target on the stock. The consensus estimate for Mattel’s current full-year earnings is $1.70 per share.

Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. increased their target price on Mattel from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. Wall Street Zen cut Mattel from a “buy” rating to a “hold” rating in a report on Friday, June 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Mattel in a report on Wednesday, October 8th. Finally, DA Davidson reduced their price target on shares of Mattel from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $22.86.

Mattel Trading Up 4.8%

Shares of MAT opened at $19.18 on Friday. Mattel has a 1 year low of $13.94 and a 1 year high of $22.07. The company has a current ratio of 1.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.77. The stock has a 50 day simple moving average of $17.88 and a 200-day simple moving average of $18.00. The stock has a market cap of $6.18 billion, a PE ratio of 14.31, a PEG ratio of 2.33 and a beta of 0.68.

Mattel (NASDAQ:MAT) last posted its earnings results on Tuesday, October 21st. The company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.16). The business had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.86 billion. Mattel had a net margin of 8.27% and a return on equity of 20.60%. The business’s revenue was down 5.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.14 EPS. Mattel has set its FY 2025 guidance at 1.540-1.660 EPS.

Hedge Funds Weigh In On Mattel

A number of institutional investors have recently modified their holdings of MAT. Trust Co. of Vermont raised its stake in shares of Mattel by 995.8% in the first quarter. Trust Co. of Vermont now owns 1,315 shares of the company’s stock worth $26,000 after acquiring an additional 1,195 shares during the last quarter. Parallel Advisors LLC lifted its holdings in Mattel by 189.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,609 shares of the company’s stock worth $32,000 after buying an additional 1,054 shares in the last quarter. Traub Capital Management LLC acquired a new position in Mattel during the 2nd quarter worth $40,000. IFP Advisors Inc lifted its holdings in Mattel by 90.6% during the 2nd quarter. IFP Advisors Inc now owns 2,215 shares of the company’s stock worth $44,000 after buying an additional 1,053 shares in the last quarter. Finally, Employees Retirement System of Texas acquired a new position in Mattel during the 2nd quarter worth $55,000. 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.