Mattel (NASDAQ:MAT) Posts Quarterly Earnings Results, Beats Expectations By $0.15 EPS

Mattel (NASDAQ:MAT) issued its earnings results on Tuesday. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.15, RTT News reports. Mattel had a net margin of 10.24% and a return on equity of 25.39%. During the same period in the previous year, the firm posted $0.29 EPS. Mattel updated its FY 2025 guidance to 1.660-1.720 EPS.

Mattel Trading Up 1.6 %

MAT stock opened at $18.07 on Wednesday. The company has a market capitalization of $6.09 billion, a PE ratio of 11.29, a P/E/G ratio of 0.88 and a beta of 0.76. Mattel has a 12 month low of $15.87 and a 12 month high of $20.59. The firm’s 50-day moving average is $18.42 and its 200 day moving average is $18.80. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.45 and a quick ratio of 1.88.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on MAT. Morgan Stanley raised their price target on shares of Mattel from $21.00 to $22.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. DA Davidson reaffirmed a “buy” rating and set a $27.00 target price on shares of Mattel in a research note on Thursday, October 24th. Jefferies Financial Group raised shares of Mattel from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $20.00 to $28.00 in a research note on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of Mattel from $22.00 to $23.00 and gave the stock a “neutral” rating in a report on Monday, October 21st. Finally, Bank of America lifted their target price on shares of Mattel from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Mattel presently has an average rating of “Moderate Buy” and a consensus price target of $25.00.

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.