Wall Street analysts forecast that Mattel, Inc. (NASDAQ:MAT) will post earnings of $0.21 per share for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have made estimates for Mattel’s earnings, with the lowest EPS estimate coming in at $0.13 and the highest estimate coming in at $0.26. Mattel posted earnings of $0.52 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 59.6%. The firm is expected to announce its next quarterly earnings results after the market closes on Thursday, February 1st.

On average, analysts expect that Mattel will report full-year earnings of ($0.16) per share for the current fiscal year, with EPS estimates ranging from ($0.24) to ($0.11). For the next financial year, analysts forecast that the firm will post earnings of $0.40 per share, with EPS estimates ranging from $0.16 to $0.79. Zacks’ EPS averages are an average based on a survey of analysts that that provide coverage for Mattel.

Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.49). The company had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Mattel had a positive return on equity of 2.51% and a negative net margin of 11.73%. The company’s quarterly revenue was down 13.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.70 EPS.

Several research analysts recently issued reports on the stock. UBS Group set a $22.00 target price on shares of Mattel and gave the stock a “buy” rating in a report on Friday, October 27th. Jefferies Group set a $17.00 target price on shares of Mattel and gave the stock a “hold” rating in a report on Saturday, December 2nd. Monness Crespi & Hardt cut shares of Mattel from a “buy” rating to a “neutral” rating in a report on Tuesday, December 12th. TheStreet cut shares of Mattel from a “c” rating to a “d” rating in a report on Thursday, October 26th. Finally, ValuEngine raised shares of Mattel from a “sell” rating to a “hold” rating in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $20.25.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MAT. Highlander Capital Management LLC purchased a new position in Mattel in the second quarter valued at $105,000. Zeke Capital Advisors LLC purchased a new position in Mattel in the third quarter valued at $163,000. Hartland & Co. LLC purchased a new position in Mattel in the third quarter valued at $165,000. ETF Managers Group LLC purchased a new position in Mattel in the second quarter valued at $195,000. Finally, National Asset Management Inc. purchased a new position in Mattel in the second quarter valued at $213,000.

Mattel (NASDAQ MAT) traded up $0.91 during midday trading on Thursday, hitting $16.14. 8,926,368 shares of the company’s stock were exchanged, compared to its average volume of 5,830,000. The stock has a market capitalization of $5,550.00, a PE ratio of -9.22, a P/E/G ratio of 4.37 and a beta of 1.01. Mattel has a fifty-two week low of $12.71 and a fifty-two week high of $31.60. The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 1.31.

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Mattel Company Profile

Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.

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Earnings History and Estimates for Mattel (NASDAQ:MAT)

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