Wall Street analysts expect Mattel, Inc. (NASDAQ:MAT) to announce earnings of $0.22 per share for the current quarter, according to Zacks. Six analysts have issued estimates for Mattel’s earnings. The lowest EPS estimate is $0.13 and the highest is $0.27. Mattel posted earnings per share of $0.52 during the same quarter last year, which indicates a negative year over year growth rate of 57.7%. The business is expected to issue its next earnings report on Wednesday, January 24th.

On average, analysts expect that Mattel will report full-year earnings of ($0.16) per share for the current year, with EPS estimates ranging from ($0.24) to ($0.10). For the next fiscal year, analysts expect that the business will report earnings of $0.40 per share, with EPS estimates ranging from $0.16 to $0.79. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover 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 analysts’ consensus estimates 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%. Mattel’s revenue for the quarter was down 13.1% compared to the same quarter last year. During the same period last year, the company earned $0.70 earnings per share.

Several brokerages recently weighed in on MAT. UBS set a $22.00 price objective on shares of Mattel and gave the company a “buy” rating in a research report on Friday, October 27th. Monness Crespi & Hardt raised their price objective on shares of Mattel from $22.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, October 11th. TheStreet lowered shares of Mattel from a “c” rating to a “d” rating in a research report on Thursday, October 26th. Stifel Nicolaus cut their price objective on shares of Mattel from $19.00 to $17.00 and set a “hold” rating on the stock in a research report on Thursday, October 12th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $17.00 price objective (down previously from $22.00) on shares of Mattel in a research report on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $21.54.

Mattel (NASDAQ MAT) traded down $0.76 during midday trading on Friday, hitting $15.48. 20,403,972 shares of the stock were exchanged, compared to its average volume of 7,996,394. The company has a quick ratio of 0.89, a current ratio of 1.32 and a debt-to-equity ratio of 1.31. The stock has a market capitalization of $5,358.74, a price-to-earnings ratio of 103.93, a price-to-earnings-growth ratio of 71.59 and a beta of 1.00. Mattel has a 1-year low of $12.71 and a 1-year high of $31.60.

Several large investors have recently added to or reduced their stakes in MAT. Highlander Capital Management LLC bought a new position in shares of Mattel in the second quarter valued at approximately $105,000. Penserra Capital Management LLC grew its stake in shares of Mattel by 26.6% in the second quarter. Penserra Capital Management LLC now owns 6,117 shares of the company’s stock worth $131,000 after acquiring an additional 1,287 shares during the last quarter. Zeke Capital Advisors LLC acquired a new stake in shares of Mattel in the third quarter worth $163,000. Hartland & Co. LLC acquired a new stake in shares of Mattel in the third quarter worth $165,000. Finally, ETF Managers Group LLC acquired a new stake in shares of Mattel in the second quarter worth $195,000. 93.86% of the stock is currently owned by institutional investors.

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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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