Mattel (NASDAQ:MAT – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.660-1.720 for the period, compared to the consensus earnings per share 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.
Analysts Set New Price Targets
A number of research analysts have commented on MAT shares. Bank of America increased their price objective on shares of Mattel from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. lifted their price target on Mattel from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. StockNews.com lowered shares of Mattel from a “buy” rating to a “hold” rating in a research note on Friday. DA Davidson reiterated a “buy” rating and set a $27.00 price target on shares of Mattel in a research report on Thursday, October 24th. Finally, Morgan Stanley increased their price objective on shares of Mattel from $21.00 to $22.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $23.86.
Read Our Latest Stock Report on Mattel
Mattel Stock 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 (EPS) for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the firm earned $0.29 earnings per share. As a group, equities research analysts expect that Mattel will post 1.5 EPS for the current year.
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.
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