Mattel (NASDAQ:MAT) is scheduled to be issuing its quarterly earnings data on Tuesday, January 23rd. Analysts expect the company to announce earnings of $0.56 per share for the quarter.
Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.09 earnings per share for the quarter, missing the 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 business’s quarterly revenue was down 13.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.70 EPS. On average, analysts expect Mattel to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Mattel (MAT) opened at $16.14 on Monday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.32 and a quick ratio of 0.89. The firm has a market capitalization of $5,550.00, a P/E ratio of -9.22, a P/E/G ratio of 4.37 and a beta of 1.01. Mattel has a 52 week low of $12.71 and a 52 week high of $31.60.
MAT has been the topic of several recent research reports. Jefferies Group set a $14.00 price target on Mattel and gave the stock a “hold” rating in a research note on Tuesday, December 12th. BidaskClub downgraded Mattel from a “sell” rating to a “strong sell” rating in a research note on Saturday, November 4th. Monness Crespi & Hardt upped their price target on Mattel from $22.00 to $27.00 and gave the stock a “buy” rating in a research note on Wednesday, October 11th. ValuEngine upgraded Mattel from a “sell” rating to a “hold” rating in a research note on Tuesday, November 14th. Finally, DA Davidson upgraded Mattel from an “underperform” rating to a “neutral” rating and set a $12.00 price target on the stock in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $20.25.
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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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