Mattel (MAT) to Release Earnings on Tuesday

Mattel (NASDAQ:MAT) will likely be announcing its earnings results after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $1,622,921.78 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Mattel Price Performance

Mattel stock opened at $18.58 on Tuesday. Mattel has a 52 week low of $15.87 and a 52 week high of $20.59. The company’s 50 day moving average price is $18.43 and its two-hundred day moving average price is $18.73. The stock has a market cap of $6.26 billion, a P/E ratio of 11.61, a P/E/G ratio of 0.86 and a beta of 0.75. The company has a quick ratio of 1.88, a current ratio of 2.45 and a debt-to-equity ratio of 1.01.

Analyst Ratings Changes

Several research firms have weighed in on MAT. Morgan Stanley boosted their price objective on Mattel from $21.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. StockNews.com upgraded shares of Mattel from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Jefferies Financial Group lifted their price objective on shares of Mattel from $18.25 to $20.00 and gave the stock a “hold” rating in a research report on Tuesday, October 1st. Bank of America boosted their target price on shares of Mattel from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, DA Davidson restated a “buy” rating and set a $27.00 price target on shares of Mattel in a research note on Thursday, October 24th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Mattel currently has an average rating of “Moderate Buy” and an average price target of $23.86.

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.