Roth Capital Issues Negative Estimate for Mattel Earnings

Mattel, Inc. (NASDAQ:MAT - Free Report) - Stock analysts at Roth Capital dropped their Q4 2024 earnings per share (EPS) estimates for Mattel in a research note issued on Wednesday, January 15th. Roth Capital analyst E. Handler now anticipates that the company will post earnings per share of $0.20 for the quarter, down from their prior forecast of $0.22. The consensus estimate for Mattel's current full-year earnings is $1.46 per share. Roth Capital also issued estimates for Mattel's Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $1.19 EPS, Q4 2025 earnings at $0.29 EPS and FY2027 earnings at $1.81 EPS.

MAT has been the topic of several other research reports. Morgan Stanley lifted their target price on shares of Mattel from $21.00 to $22.00 and gave the company an "equal weight" rating in a report on Thursday, October 24th. DA Davidson reaffirmed a "buy" rating and set a $27.00 price objective on shares of Mattel in a report on Thursday, October 24th. JPMorgan Chase & Co. raised their target price on Mattel from $22.00 to $23.00 and gave the company a "neutral" rating in a report on Monday, October 21st. StockNews.com lowered shares of Mattel from a "buy" rating to a "hold" rating in a research report on Wednesday. Finally, Bank of America raised their price objective on shares of Mattel from $26.00 to $28.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $23.75.

Mattel Stock Performance

MAT traded up $0.08 during trading on Thursday, hitting $17.94. The stock had a trading volume of 2,039,492 shares, compared to its average volume of 2,561,289. The firm has a market capitalization of $6.04 billion, a P/E ratio of 11.21, a PEG ratio of 0.88 and a beta of 0.75. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.88 and a current ratio of 2.45. Mattel has a twelve month low of $15.87 and a twelve month high of $20.59. The company's 50-day moving average price is $18.57 and its 200 day moving average price is $18.61.

Mattel (NASDAQ:MAT - Get Free Report) last released its earnings results on Wednesday, October 23rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.19. Mattel had a return on equity of 25.39% and a net margin of 10.24%. The business had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the company posted $1.08 earnings per share. The company's revenue for the quarter was down 3.9% compared to the same quarter last year.

Hedge Funds Weigh In On Mattel

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MAT. Crossmark Global Holdings Inc. lifted its stake in Mattel by 26.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 134,954 shares of the company's stock valued at $2,393,000 after buying an additional 28,386 shares in the last quarter. Aaron Wealth Advisors LLC raised its holdings in Mattel by 18.3% in the 4th quarter. Aaron Wealth Advisors LLC now owns 13,455 shares of the company's stock valued at $239,000 after acquiring an additional 2,082 shares during the last quarter. Krilogy Financial LLC lifted its stake in shares of 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 purchasing an additional 8,467 shares during the period. Hennessy Advisors Inc. acquired a new stake in shares of Mattel during the fourth quarter worth $53,238,000. Finally, Assenagon Asset Management S.A. purchased a new stake in shares of Mattel in the fourth quarter valued at $7,431,000. Institutional investors and hedge funds own 97.15% of the company's stock.

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.