Roth Capital Issues Negative Forecast for Mattel Earnings

Mattel, Inc. (NASDAQ:MAT) – Equities researchers at Roth Capital lowered their Q4 2024 earnings per share estimates for shares of Mattel in a research report issued on Wednesday, January 15th. Roth Capital analyst E. Handler now anticipates that the company will post earnings per share of $0.20 for the quarter, down from their prior estimate of $0.22. The consensus estimate for Mattel’s current full-year earnings is $1.46 per share. Roth Capital also issued estimates for Mattel’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $1.19 EPS, Q4 2025 earnings at $0.29 EPS and FY2027 earnings at $1.81 EPS.

Mattel (NASDAQ:MAT) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.19. Mattel had a net margin of 10.24% and a return on equity of 25.39%. The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the firm posted $1.08 EPS. The business’s revenue for the quarter was down 3.9% on a year-over-year basis.

A number of other equities research analysts also recently weighed in on the company. Jefferies Financial Group lifted their price objective on Mattel from $18.25 to $20.00 and gave the company a “hold” rating in a report on Tuesday, October 1st. Bank of America boosted their price target on Mattel from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. DA Davidson reiterated a “buy” rating and issued a $27.00 price target on shares of Mattel in a research report on Thursday, October 24th. Morgan Stanley lifted their price objective on Mattel from $21.00 to $22.00 and gave the company an “equal weight” rating in a report on Thursday, October 24th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Mattel from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Monday, October 21st. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Mattel currently has a consensus rating of “Hold” and a consensus price target of $23.75.

Mattel Price Performance

Shares of Mattel stock opened at $17.94 on Thursday. The firm has a market cap of $6.04 billion, a P/E ratio of 11.21, a price-to-earnings-growth ratio of 0.88 and a beta of 0.75. The firm’s 50-day simple moving average is $18.57 and its 200-day simple moving average is $18.61. Mattel has a twelve month low of $15.87 and a twelve month high of $20.59. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.88 and a current ratio of 2.45.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MAT. Crossmark Global Holdings Inc. increased its position in Mattel by 26.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 134,954 shares of the company’s stock valued at $2,393,000 after acquiring an additional 28,386 shares in the last quarter. Aaron Wealth Advisors LLC grew its stake in shares of Mattel by 18.3% during the fourth quarter. Aaron Wealth Advisors LLC now owns 13,455 shares of the company’s stock valued at $239,000 after purchasing an additional 2,082 shares during the last quarter. Krilogy Financial LLC increased its holdings in shares of Mattel by 12.6% in the fourth quarter. Krilogy Financial LLC now owns 75,828 shares of the company’s stock valued at $1,344,000 after purchasing an additional 8,467 shares in the last quarter. Hennessy Advisors Inc. bought a new position in Mattel in the 4th quarter worth approximately $53,238,000. Finally, Assenagon Asset Management S.A. bought a new position in Mattel in the 4th quarter worth approximately $7,431,000. 97.15% of the stock is owned by institutional investors.

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.