Mattel (NASDAQ:MAT) Issues Earnings Results

Mattel (NASDAQ:MAT) released its quarterly earnings results on Tuesday. The company reported $0.35 EPS for the quarter, beating the consensus estimate 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 quarter last year, the business earned $0.29 earnings per share. Mattel updated its FY 2025 guidance to 1.660-1.720 EPS.

Mattel Stock Up 15.3 %

NASDAQ:MAT opened at $20.84 on Thursday. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.45 and a quick ratio of 1.88. The company’s fifty day moving average price is $18.46 and its 200-day moving average price is $18.82. Mattel has a 1-year low of $15.87 and a 1-year high of $21.35. The firm has a market capitalization of $7.02 billion, a P/E ratio of 13.03, a PEG ratio of 0.88 and a beta of 0.76.

Analyst Upgrades and Downgrades

Several research firms have issued reports on MAT. DA Davidson lifted their price target on shares of Mattel from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday. JPMorgan Chase & Co. boosted their target price on Mattel from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Bank of America increased 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. Jefferies Financial Group upgraded Mattel from a “hold” rating to a “buy” rating and boosted their price target for the stock from $20.00 to $28.00 in a research note on Wednesday. Finally, Morgan Stanley raised their price target on shares of Mattel from $22.00 to $23.00 and gave the stock an “equal weight” rating in a report on Wednesday. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Mattel has an average rating of “Moderate Buy” and a consensus target price of $25.57.

About Mattel

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.