Roth Capital Analysts Reduce Earnings Estimates for Mattel

Mattel, Inc. (NASDAQ:MAT) – Equities researchers at Roth Capital lowered their Q4 2024 earnings estimates for shares of Mattel in a report issued on Wednesday, January 15th. Roth Capital analyst E. Handler now forecasts that the company will earn $0.20 per share 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.

Mattel (NASDAQ:MAT) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.19. Mattel had a net margin of 10.24% and a return on equity of 25.39%. The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same quarter in the previous year, the firm earned $1.08 earnings per share. The firm’s quarterly revenue was down 3.9% on a year-over-year basis.

A number of other research firms also recently issued reports on MAT. DA Davidson restated a “buy” rating and issued a $27.00 price objective on shares of Mattel in a research note on Thursday, October 24th. StockNews.com downgraded Mattel from a “buy” rating to a “hold” rating in a research note on Wednesday. Morgan Stanley lifted their target price on Mattel from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Bank of America upped their price target on Mattel from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Finally, Jefferies Financial Group lifted their price objective on shares of Mattel from $18.25 to $20.00 and gave the company a “hold” rating in a research report on Tuesday, October 1st. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $23.75.

Mattel Stock Down 0.1 %

Mattel stock opened at $17.93 on Thursday. The stock’s fifty day moving average is $18.51 and its two-hundred day moving average is $18.62. The stock has a market cap of $6.04 billion, a PE ratio of 11.21, a P/E/G ratio of 0.88 and a beta of 0.75. Mattel has a 1-year low of $15.87 and a 1-year high of $20.59. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.45 and a quick ratio of 1.88.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. boosted its position in shares of Mattel by 20,152.4% in the 2nd quarter. Pacer Advisors Inc. now owns 10,995,234 shares of the company’s stock worth $178,783,000 after buying an additional 10,940,943 shares in the last quarter. State Street Corp lifted its holdings in shares of Mattel by 3.1% in the third quarter. State Street Corp now owns 10,517,270 shares of the company’s stock valued at $200,354,000 after purchasing an additional 318,125 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Mattel by 84.0% in the third quarter. Franklin Resources Inc. now owns 9,352,223 shares of the company’s stock valued at $176,757,000 after purchasing an additional 4,270,162 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Mattel by 0.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,291,976 shares of the company’s stock valued at $119,862,000 after purchasing an additional 27,204 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Mattel by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 6,134,691 shares of the company’s stock worth $116,896,000 after purchasing an additional 17,309 shares in the last quarter. 97.15% of the stock is owned by hedge funds and other 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.