Mattel, Inc. (NASDAQ:MAT) will be announcing its earnings results on Tuesday, October 17th.
Mattel (NASDAQ:MAT) last issued its quarterly earnings data on Thursday, July 27th. The company reported ($0.14) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.05). Mattel had a net margin of 4.51% and a return on equity of 11.62%. The company had revenue of $974.50 million during the quarter, compared to the consensus estimate of $972.36 million. During the same period in the previous year, the business posted ($0.02) earnings per share. The firm’s revenue was up 1.8% on a year-over-year basis. On average, analysts expect Mattel to post $0.65 EPS for the current fiscal year and $0.82 EPS for the next fiscal year.
Mattel, Inc. (NASDAQ:MAT) opened at 15.74 on Monday. Mattel, Inc. has a 52 week low of $14.35 and a 52 week high of $33.23. The company has a market capitalization of $5.39 billion, a P/E ratio of 22.58 and a beta of 0.86. The company has a 50 day moving average price of $15.56 and a 200-day moving average price of $19.98.
Several analysts recently issued reports on the company. Jefferies Group LLC reiterated a “hold” rating and set a $19.00 target price on shares of Mattel in a report on Monday, June 19th. UBS AG reiterated a “buy” rating and set a $26.00 target price (down previously from $29.00) on shares of Mattel in a report on Wednesday, June 21st. BidaskClub lowered Mattel from a “hold” rating to a “sell” rating in a report on Tuesday, June 20th. Stifel Nicolaus reiterated a “hold” rating and set a $19.00 target price on shares of Mattel in a report on Thursday. Finally, MKM Partners dropped their target price on Mattel from $24.00 to $22.00 and set a “buy” rating on the stock in a report on Monday, July 3rd. Two analysts have rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $23.57.
In other Mattel news, CEO Mary Margaret Hasti Georgiadis acquired 12,660 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were purchased at an average price of $19.61 per share, for a total transaction of $248,262.60. Following the completion of the purchase, the chief executive officer now directly owns 116,788 shares of the company’s stock, valued at $2,290,212.68. The transaction was disclosed in a document filed with the SEC, which is available through this link. 1.40% of the stock is owned by corporate insiders.
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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