Analysts on Wall Street forecast a ($0.04) EPS for Mattel Incorporated (NASDAQ MAT) for the present fiscal quarter. Estimates have been issued by 5 analysts, ranging between $0.01 and ($0.09). During the same period last year, a ($0.26) EPS was reported. This indicates a positive 84.6% yearly growth rate.
Stock Commentary On NASDAQ MAT
The consensus estimates for the annual EPS stands at $0.90 for the present fiscal year. For the upcoming year. The consensus EPS estimate stands at $1.15.
The latest quarterly earnings reports of NASDAQ MAT were posted on 22nd April, Thursday. An EPS of ($0.10) was reported, beating the consensus ($0.34) estimate by analysts. The revenue for the quarter stood at $874.20Mn. A 4.57% net margin and an 89.94% equity return were also reported.
Several research analysts have issued their reports on NASDAQ MAT. Berenberg Bank increased their rating to “buy” from “hold” while upping their target price to $25 from $14 on 21st April, Wednesday. TheStreet decreased the rating to “c” from “b-” on 14th May, Friday. MKM Partners increased their target price to $23 from $21 on 23rd April, Friday. Zacks Investment Research decreased their rating to “hold” from “buy” while giving a target price of $21 on 28th June, Monday. Stifel Nicolaus increased their target price to $22 from $19.50 while issuing a rating of “hold” on 13th April, Tuesday.
The opening value of NASDAQ MAT on Friday was $19.65. The market capitalization stood at $6.85Bn with a 1.51 beta. The highest and lowest of the stock over a period of one year stood at $23.31 and $10 respectively. The moving average over a period of 50 days stands at $20.55.
Verition Fund Management LLC, Amundi Asset Management US Inc., Eaton Vance Management, Point72 Asset Management L.P., and Principal Financial Group Inc. all increased their holdings of NASDAQ MAT shares.
