Mattel, Inc. (NASDAQ:MAT) issued its quarterly earnings results on Thursday. The company reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.09) by $0.05, Bloomberg Earnings reports. The company had revenue of $974.50 million during the quarter, compared to the consensus estimate of $972.36 million. Mattel had a return on equity of 13.19% and a net margin of 5.22%. Mattel’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the previous year, the company earned ($0.02) EPS.

Shares of Mattel (NASDAQ MAT) traded up 1.82% during midday trading on Thursday, reaching $21.30. 8,595,590 shares of the company’s stock traded hands. Mattel has a one year low of $19.41 and a one year high of $34.24. The company has a 50-day moving average of $21.05 and a 200-day moving average of $24.05. The company has a market capitalization of $7.30 billion, a price-to-earnings ratio of 26.73 and a beta of 0.85.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Wednesday, August 23rd will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, August 21st. This represents a $0.60 annualized dividend and a yield of 2.82%. Mattel’s payout ratio is currently 192.41%.

A number of brokerages have recently commented on MAT. Zacks Investment Research raised shares of Mattel from a “sell” rating to a “hold” rating in a report on Friday, April 7th. B. Riley reissued a “buy” rating and issued a $30.50 price target (down previously from $35.00) on shares of Mattel in a report on Friday, April 21st. Monness Crespi & Hardt decreased their price target on shares of Mattel from $34.00 to $29.00 and set a “buy” rating on the stock in a report on Friday, April 21st. BMO Capital Markets reissued a “buy” rating on shares of Mattel in a report on Wednesday, June 7th. Finally, Argus cut shares of Mattel from a “buy” rating to a “hold” rating in a research note on Friday, April 28th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Mattel presently has a consensus rating of “Buy” and an average price target of $27.89.

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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.

Earnings History for Mattel (NASDAQ:MAT)

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