Roth Capital Has Bearish Forecast for Mattel FY2027 Earnings

Mattel, Inc. (NASDAQ:MAT) – Investment analysts at Roth Capital dropped their FY2027 earnings per share estimates for shares of Mattel in a report issued on Wednesday, October 22nd. Roth Capital analyst E. Handler now forecasts that the company will post earnings per share of $1.89 for the year, down from their previous estimate of $1.91. Roth Capital has a “Neutral” rating and a $20.00 price objective on the stock. The consensus estimate for Mattel’s current full-year earnings is $1.70 per share.

Other analysts have also recently issued research reports about the company. DA Davidson dropped their target price on Mattel from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Mattel in a research report on Wednesday, October 8th. Wall Street Zen cut Mattel from a “buy” rating to a “hold” rating in a research report on Friday, June 27th. Finally, JPMorgan Chase & Co. raised their price objective on Mattel from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Thursday, July 24th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $22.86.

Mattel Stock Down 3.8%

Shares of NASDAQ MAT opened at $18.45 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $5.94 billion, a PE ratio of 13.77, a price-to-earnings-growth ratio of 2.45 and a beta of 0.68. The stock’s fifty day simple moving average is $17.88 and its two-hundred day simple moving average is $18.03. Mattel has a 12-month low of $13.94 and a 12-month high of $22.07.

Mattel (NASDAQ:MAT) last announced its earnings results on Tuesday, October 21st. The company reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.16). The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.86 billion. Mattel had a net margin of 8.27% and a return on equity of 20.60%. The firm’s revenue was down 5.9% compared to the same quarter last year. During the same period last year, the business posted $1.14 EPS. Mattel has set its FY 2025 guidance at 1.540-1.660 EPS.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. AQR Capital Management LLC raised its position in shares of Mattel by 386.2% during the 1st quarter. AQR Capital Management LLC now owns 7,260,394 shares of the company’s stock worth $139,218,000 after purchasing an additional 5,767,170 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of Mattel by 247.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 6,651,568 shares of the company’s stock worth $129,240,000 after purchasing an additional 4,737,199 shares during the last quarter. EdgePoint Investment Group Inc. raised its position in shares of Mattel by 12.9% during the 2nd quarter. EdgePoint Investment Group Inc. now owns 40,823,584 shares of the company’s stock worth $805,041,000 after purchasing an additional 4,665,541 shares during the last quarter. Mane Global Capital Management LP acquired a new position in shares of Mattel during the 2nd quarter worth about $56,619,000. Finally, Norges Bank acquired a new position in shares of Mattel during the 2nd quarter worth about $55,651,000. Institutional investors and hedge funds own 97.15% of the company’s stock.

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.