Mattel (MAT) Projected to Post Quarterly Earnings on Tuesday

Mattel (NASDAQ:MAT) is expected to be issuing its quarterly earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $1.63 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Mattel Stock Performance

Mattel stock opened at $18.64 on Monday. The firm has a 50 day simple moving average of $18.45 and a 200-day simple moving average of $18.78. Mattel has a 1-year low of $15.87 and a 1-year high of $20.59. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.45 and a quick ratio of 1.88. The stock has a market cap of $6.28 billion, a price-to-earnings ratio of 11.65, a price-to-earnings-growth ratio of 0.89 and a beta of 0.75.

Wall Street Analysts Forecast Growth

MAT has been the subject of several analyst reports. Morgan Stanley increased their price target on shares of Mattel from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. StockNews.com cut shares of Mattel from a “buy” rating to a “hold” rating in a research report on Friday. JPMorgan Chase & Co. increased their price objective on shares of Mattel from $22.00 to $23.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Bank of America increased their price objective on shares of Mattel from $26.00 to $28.00 and gave the stock a “buy” rating in a research 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 report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $23.86.

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.