Mattel (MAT) Expected to Announce Quarterly Earnings on Tuesday

Mattel (NASDAQ:MAT) will likely 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 that are interested in registering for the company’s conference call can do so using this link.

Mattel Price Performance

Shares of MAT opened at $18.64 on Monday. The stock has a market cap of $6.28 billion, a PE ratio of 11.65, a PEG ratio of 0.89 and a beta of 0.75. The business has a 50-day simple moving average of $18.45 and a two-hundred day simple moving average of $18.78. The company has a quick ratio of 1.88, a current ratio of 2.45 and a debt-to-equity ratio of 1.01. Mattel has a 12-month low of $15.87 and a 12-month high of $20.59.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on MAT shares. StockNews.com cut Mattel from a “buy” rating to a “hold” rating in a research note on Friday. JPMorgan Chase & Co. lifted their target price on Mattel from $22.00 to $23.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. DA Davidson reaffirmed a “buy” rating and set a $27.00 target price on shares of Mattel in a research report on Thursday, October 24th. Bank of America lifted their price target on Mattel from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Morgan Stanley boosted their target price on Mattel from $21.00 to $22.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Mattel currently has a consensus rating of “Hold” and an average target price 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.