Mattel (NASDAQ:MAT – Get Free Report) issued an update on its FY24 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $1.35-1.45 for the period, compared to the consensus estimate of $1.44. Mattel also updated its FY 2024 guidance to 1.350-1.450 EPS.
Mattel Stock Performance
Shares of NASDAQ:MAT traded up $0.81 during trading on Thursday, hitting $18.59. 3,366,931 shares of the stock traded hands, compared to its average volume of 3,139,075. The company has a quick ratio of 1.81, a current ratio of 2.58 and a debt-to-equity ratio of 1.18. The company has a fifty day moving average price of $18.99 and a two-hundred day moving average price of $18.28. Mattel has a 52-week low of $15.87 and a 52-week high of $20.48. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 22.37, a P/E/G ratio of 1.25 and a beta of 0.79.
Mattel (NASDAQ:MAT – Get Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Mattel had a net margin of 5.94% and a return on equity of 25.72%. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the previous year, the company earned $0.10 earnings per share. The firm’s revenue for the quarter was down .7% on a year-over-year basis. As a group, equities analysts predict that Mattel will post 1.43 EPS for the current year.
Wall Street Analyst Weigh In
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.
See Also
- Five stocks we like better than Mattel
- Consumer Discretionary Stocks Explained
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- How is Compound Interest Calculated?
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Quiet Period Expirations Explained
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Mattel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mattel and related companies with MarketBeat.com's FREE daily email newsletter.