Mattel, Inc. (NASDAQ:MAT) – Investment analysts at KeyCorp issued their Q1 2018 EPS estimates for shares of Mattel in a research report issued to clients and investors on Sunday. KeyCorp analyst B. Andress forecasts that the company will earn ($0.35) per share for the quarter. KeyCorp currently has a “Hold” rating on the stock. KeyCorp also issued estimates for Mattel’s Q3 2018 earnings at $0.39 EPS.

Mattel (NASDAQ:MAT) last posted its quarterly earnings results on Thursday, February 1st. The company reported ($0.72) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.21 by ($0.93). Mattel had a negative return on equity of 21.37% and a negative net margin of 21.59%. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.69 billion. During the same period last year, the company earned $0.52 earnings per share. The business’s revenue for the quarter was down 12.2% compared to the same quarter last year.

A number of other research firms have also recently weighed in on MAT. BidaskClub raised shares of Mattel from a “strong sell” rating to a “sell” rating in a research note on Wednesday, November 15th. Jefferies Group set a $17.00 price target on shares of Mattel and gave the stock a “hold” rating in a research note on Saturday, December 2nd. Stifel Nicolaus reaffirmed a “hold” rating and set a $16.00 price target on shares of Mattel in a research note on Monday, January 29th. Barclays upped their price target on shares of Mattel from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, Citigroup upped their price target on shares of Mattel from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday. Thirteen equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $19.00.

Mattel (NASDAQ MAT) traded down $0.85 during trading hours on Tuesday, hitting $16.15. 1,026,526 shares of the stock were exchanged, compared to its average volume of 6,491,709. The company has a debt-to-equity ratio of 2.28, a quick ratio of 1.55 and a current ratio of 1.92. Mattel has a fifty-two week low of $12.71 and a fifty-two week high of $26.30. The firm has a market cap of $5,791.84, a PE ratio of -5.56, a PEG ratio of 14.07 and a beta of 1.01.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Thrivent Financial For Lutherans lifted its holdings in Mattel by 3.2% in the 2nd quarter. Thrivent Financial For Lutherans now owns 13,050 shares of the company’s stock valued at $281,000 after purchasing an additional 410 shares in the last quarter. Mutual of America Capital Management LLC lifted its holdings in Mattel by 7.7% in the 2nd quarter. Mutual of America Capital Management LLC now owns 41,629 shares of the company’s stock valued at $896,000 after purchasing an additional 2,969 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Mattel by 6.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,428,373 shares of the company’s stock valued at $30,748,000 after purchasing an additional 82,627 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Mattel by 14.5% in the 2nd quarter. HighTower Advisors LLC now owns 59,462 shares of the company’s stock valued at $1,285,000 after purchasing an additional 7,541 shares in the last quarter. Finally, Prudential PLC lifted its holdings in Mattel by 6.7% in the 2nd quarter. Prudential PLC now owns 264,083 shares of the company’s stock valued at $5,686,000 after purchasing an additional 16,619 shares in the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

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Mattel Company Profile

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.

Earnings History and Estimates for Mattel (NASDAQ:MAT)

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