Mattel (NASDAQ:MAT) Updates FY 2025 Earnings Guidance

Mattel (NASDAQ:MAT) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.540-1.660 for the period, compared to the consensus earnings per share estimate of 1.610. The company issued revenue guidance of $5.4 billion-$5.5 billion, compared to the consensus revenue estimate of $5.4 billion.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Mattel from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. Weiss Ratings restated a “hold (c)” rating on shares of Mattel in a research note on Wednesday, October 8th. Roth Capital set a $22.00 price target on Mattel and gave the stock a “neutral” rating in a research note on Friday, July 11th. Finally, Wall Street Zen downgraded Mattel from a “buy” rating to a “hold” rating in a research report on Friday, June 27th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $24.38.

Mattel Trading Up 2.4%

Shares of NASDAQ MAT opened at $18.82 on Wednesday. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 12.14, a price-to-earnings-growth ratio of 2.33 and a beta of 0.68. Mattel has a 12-month low of $13.94 and a 12-month high of $22.07. The company has a current ratio of 1.62, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. The stock’s 50 day simple moving average is $17.86 and its 200 day simple moving average is $17.98.

Mattel (NASDAQ:MAT) last announced its quarterly earnings results on Tuesday, October 21st. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.16). The company had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.86 billion. Mattel had a return on equity of 25.19% and a net margin of 9.87%.The company’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same period last year, the business posted $1.14 EPS. Mattel has set its FY 2025 guidance at 1.540-1.660 EPS. Equities research analysts expect that Mattel will post 1.7 EPS for the current year.

Hedge Funds Weigh In On Mattel

Hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Mattel by 74.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,437 shares of the company’s stock worth $67,000 after acquiring an additional 1,468 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Mattel by 191.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,777 shares of the company’s stock worth $173,000 after acquiring an additional 5,762 shares in the last quarter. M&T Bank Corp bought a new stake in shares of Mattel during the 2nd quarter worth $202,000. Focus Partners Wealth bought a new stake in shares of Mattel during the 1st quarter worth $266,000. Finally, State of Wyoming bought a new stake in shares of Mattel during the 2nd quarter worth $288,000. 97.15% of the stock is currently owned by institutional investors and hedge funds.

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.