Mattel (NASDAQ:MAT – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.660-1.720 for the period, compared to the consensus estimate of 1.580. The company issued revenue guidance of $5.5 billion-$5.5 billion, compared to the consensus revenue estimate of $5.5 billion.
Analyst Upgrades and Downgrades
Several analysts have commented on MAT shares. JPMorgan Chase & Co. raised their price objective on Mattel from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Monday, October 21st. Jefferies Financial Group upgraded shares of Mattel from a “hold” rating to a “buy” rating and upped their price target for the stock from $20.00 to $28.00 in a research report on Wednesday. Bank of America lifted their price objective on Mattel from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Morgan Stanley raised 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, DA Davidson reaffirmed a “buy” rating and set a $27.00 price objective on shares of Mattel in a research note on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $25.00.
Get Our Latest Stock Analysis on MAT
Mattel Trading Up 1.6 %
Mattel (NASDAQ:MAT – Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.15. Mattel had a net margin of 10.24% and a return on equity of 25.39%. During the same quarter in the prior year, the company posted $0.29 earnings per share. On average, analysts forecast that Mattel will post 1.5 earnings per share for the current fiscal year.
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.
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