What is DA Davidson’s Forecast for Mattel FY2025 Earnings?

Mattel, Inc. (NASDAQ:MAT) – Research analysts at DA Davidson issued their FY2025 earnings per share (EPS) estimates for shares of Mattel in a research note issued to investors on Thursday, May 15th. DA Davidson analyst K. Cox expects that the company will post earnings per share of $1.68 for the year. DA Davidson has a “Buy” rating and a $30.00 price target on the stock. The consensus estimate for Mattel’s current full-year earnings is $1.70 per share. DA Davidson also issued estimates for Mattel’s FY2026 earnings at $1.86 EPS.

Mattel (NASDAQ:MAT) last released its quarterly earnings results on Monday, May 5th. The company reported ($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.08. Mattel had a return on equity of 25.94% and a net margin of 10.07%. The firm had revenue of $826.60 million during the quarter, compared to analysts’ expectations of $791.49 million. During the same period last year, the firm posted ($0.05) EPS. The business’s revenue was up 2.1% on a year-over-year basis.

A number of other research firms have also recently weighed in on MAT. Jefferies Financial Group raised Mattel from a “hold” rating to a “buy” rating and raised their price target for the company from $20.00 to $28.00 in a report on Wednesday, February 5th. StockNews.com raised Mattel from a “hold” rating to a “buy” rating in a report on Wednesday, March 12th. Citigroup raised their price target on Mattel from $19.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, May 6th. The Goldman Sachs Group decreased their price objective on Mattel from $24.00 to $21.00 and set a “buy” rating on the stock in a research report on Wednesday, May 7th. Finally, Morgan Stanley increased their price objective on Mattel from $16.00 to $17.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 6th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.14.

Mattel Trading Down 0.5%

MAT stock opened at $20.00 on Monday. The business has a fifty day moving average price of $17.40 and a 200 day moving average price of $18.65. Mattel has a fifty-two week low of $13.95 and a fifty-two week high of $22.07. The stock has a market capitalization of $6.46 billion, a price-to-earnings ratio of 12.50, a P/E/G ratio of 2.35 and a beta of 0.61. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.38 and a quick ratio of 2.00.

Hedge Funds Weigh In On Mattel

Several institutional investors and hedge funds have recently made changes to their positions in MAT. Bayforest Capital Ltd bought a new stake in shares of Mattel in the first quarter valued at approximately $725,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Mattel by 5.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 778,963 shares of the company’s stock worth $15,135,000 after buying an additional 37,118 shares in the last quarter. Great Lakes Advisors LLC acquired a new position in shares of Mattel during the first quarter worth $4,436,000. Caxton Associates LLP acquired a new position in shares of Mattel during the first quarter worth $1,343,000. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Mattel by 50.5% during the first quarter. Goldman Sachs Group Inc. now owns 4,153,851 shares of the company’s stock worth $80,709,000 after buying an additional 1,393,000 shares in the last quarter. 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.