Mattel, Inc. (NASDAQ:MAT) announced its quarterly earnings data on Thursday, October 26th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.49), Bloomberg Earnings reports. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.82 billion. Mattel had a negative net margin of 11.73% and a positive return on equity of 2.51%. The firm’s revenue for the quarter was down 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.70 EPS.
Mattel (NASDAQ MAT) opened at $14.62 on Friday. The company has a market capitalization of $4,788.15, a P/E ratio of 92.87, a PEG ratio of 35.82 and a beta of 0.88. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.32 and a quick ratio of 0.89. Mattel has a one year low of $12.71 and a one year high of $32.48.
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MAT has been the subject of a number of recent analyst reports. DA Davidson restated an “underperform” rating and issued a $14.00 price objective (down previously from $18.00) on shares of Mattel in a research note on Tuesday, September 12th. KeyCorp reaffirmed a “sector weight” rating on shares of Mattel in a research report on Thursday, August 31st. BidaskClub raised Mattel from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 14th. UBS AG set a $22.00 price target on Mattel and gave the company a “buy” rating in a research report on Friday, October 27th. Finally, Jefferies Group LLC set a $13.00 price target on Mattel and gave the company a “hold” rating in a research report on Sunday, October 29th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $21.46.
Mattel, Inc manufactures and markets a range of toy products around the world. The Company’s segments are North America; International, and American Girl. Its portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.
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