Mattel (NASDAQ:MAT) Announces Quarterly Earnings Results

Mattel (NASDAQ:MAT) announced its quarterly earnings results on Tuesday. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03), FiscalAI reports. Mattel had a net margin of 9.27% and a return on equity of 18.67%. Mattel updated its FY 2026 guidance to 1.270-1.390 EPS.

Mattel Trading Down 0.6%

Shares of MAT stock traded down $0.08 on Tuesday, hitting $14.80. The company had a trading volume of 5,858,893 shares, compared to its average volume of 4,903,237. Mattel has a twelve month low of $12.73 and a twelve month high of $22.48. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.50 and a current ratio of 2.06. The firm has a market cap of $4.30 billion, a P/E ratio of 9.37, a P/E/G ratio of 1.32 and a beta of 0.72. The stock’s 50-day moving average is $14.21 and its two-hundred day moving average is $15.76.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MAT shares. Wall Street Zen lowered shares of Mattel from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mattel in a report on Thursday, July 2nd. Odeon Capital Group initiated coverage on shares of Mattel in a research report on Thursday, July 16th. They issued a “buy” rating for the company. Wells Fargo & Company dropped their price target on shares of Mattel from $19.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Mattel in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Mattel currently has an average rating of “Hold” and a consensus price target of $17.33.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Panagora Asset Management Inc. bought a new stake in shares of Mattel during the 4th quarter valued at about $199,000. Kestra Advisory Services LLC bought a new stake in Mattel in the fourth quarter worth approximately $119,000. McMillan Office Inc. acquired a new position in Mattel in the fourth quarter valued at approximately $71,000. PharVision Advisers LLC acquired a new position in Mattel in the third quarter valued at approximately $177,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Mattel by 94.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,386 shares of the company’s stock worth $124,000 after buying an additional 3,585 shares in the last quarter. Institutional investors own 97.15% of the company’s stock.

About Mattel

Mattel, Inc is a leading global toy company headquartered in El Segundo, California. Founded in 1945 by Harold “Matt” Matson and Elliot and Ruth Handler, the company has grown into a major player in the toy and family products industry. Mattel designs, manufactures, and markets a broad range of toys, games and entertainment products under well-known brands, including Barbie, Hot Wheels, Fisher-Price, American Girl, Thomas & Friends, UNO and Matchbox. In addition to its proprietary labels, Mattel holds licenses with global entertainment franchises, partnering with Disney, Warner Bros., WWE and other studios to create character-driven play experiences.