Wall Street analysts forecast that Mattel Inc (NASDAQ:MAT) will announce earnings per share of ($0.01) for the current quarter, according to Zacks. Four analysts have provided estimates for Mattel’s earnings. The highest EPS estimate is $0.02 and the lowest is ($0.03). Mattel posted earnings per share of $0.04 in the same quarter last year, which would suggest a negative year-over-year growth rate of 125%. The firm is expected to announce its next earnings results on Thursday, February 6th.

On average, analysts expect that Mattel will report full-year earnings of ($0.45) per share for the current financial year, with EPS estimates ranging from ($0.46) to ($0.44). For the next year, analysts anticipate that the business will report earnings of ($0.11) per share, with EPS estimates ranging from ($0.15) to ($0.05). Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Mattel.

Mattel (NASDAQ:MAT) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.18. Mattel had a negative return on equity of 26.03% and a negative net margin of 4.53%. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the prior year, the company earned $0.18 EPS. The firm’s revenue was up 3.1% compared to the same quarter last year.

Several research analysts recently commented on the company. UBS Group reduced their price objective on Mattel from $13.00 to $10.00 and set a “neutral” rating for the company in a research note on Thursday, September 5th. Jefferies Financial Group set a $10.50 price objective on Mattel and gave the company a “hold” rating in a research note on Friday, October 18th. SunTrust Banks reduced their price objective on Mattel to $12.00 and set a “hold” rating for the company in a research note on Wednesday, September 11th. BidaskClub raised Mattel from a “sell” rating to a “hold” rating in a research note on Saturday, December 7th. Finally, Stifel Nicolaus reduced their price objective on Mattel from $14.00 to $13.50 and set a “hold” rating for the company in a research note on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.45.

NASDAQ MAT traded up $0.56 during mid-day trading on Friday, hitting $13.34. The stock had a trading volume of 5,712,922 shares, compared to its average volume of 2,733,517. The firm’s 50 day moving average is $11.71 and its 200 day moving average is $11.38. Mattel has a twelve month low of $9.06 and a twelve month high of $17.26. The company has a debt-to-equity ratio of 6.30, a current ratio of 1.60 and a quick ratio of 1.14. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of -11.70 and a beta of 1.66.

Institutional investors and hedge funds have recently modified their holdings of the business. State Treasurer State of Michigan increased its stake in shares of Mattel by 2.7% in the 2nd quarter. State Treasurer State of Michigan now owns 102,261 shares of the company’s stock worth $1,146,000 after acquiring an additional 2,700 shares during the last quarter. World Asset Management Inc grew its holdings in shares of Mattel by 7.1% during the 3rd quarter. World Asset Management Inc now owns 32,260 shares of the company’s stock worth $367,000 after purchasing an additional 2,150 shares during the period. Comerica Bank grew its holdings in shares of Mattel by 170.2% during the 2nd quarter. Comerica Bank now owns 204,944 shares of the company’s stock worth $2,416,000 after purchasing an additional 129,093 shares during the period. Great Lakes Advisors LLC grew its holdings in shares of Mattel by 25.0% during the 3rd quarter. Great Lakes Advisors LLC now owns 174,188 shares of the company’s stock worth $1,984,000 after purchasing an additional 34,804 shares during the period. Finally, Parametric Portfolio Associates LLC grew its holdings in shares of Mattel by 7.2% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 1,189,943 shares of the company’s stock worth $13,339,000 after purchasing an additional 79,928 shares during the period.

Mattel Company Profile

Mattel, Inc, a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, content, gaming, and lifestyle products for children under the Barbie brand; diecast cars, tracks, playsets, and play products for kids, adults, and collectors under the Hot Wheels brand name; content, toy, live events, and other lifestyle products under the Fisher-Price and Thomas & Friends brands; and dolls and books under the American Girl brand name.

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Earnings History and Estimates for Mattel (NASDAQ:MAT)

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