Mattel (NASDAQ:MAT – Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.350-1.450 for the period, compared to the consensus EPS estimate of 1.440. The company issued revenue guidance of -. Mattel also updated its FY24 guidance to $1.35-1.45 EPS.
Mattel Stock Up 2.3 %
NASDAQ:MAT traded up $0.43 during trading hours on Friday, reaching $19.00. The company’s stock had a trading volume of 1,755,106 shares, compared to its average volume of 3,139,487. The company has a market cap of $6.46 billion, a price-to-earnings ratio of 20.63, a price-to-earnings-growth ratio of 0.99 and a beta of 0.79. Mattel has a one year low of $15.87 and a one year high of $20.48. The business’s 50-day moving average is $18.98 and its 200-day moving average is $18.28. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.58 and a quick ratio of 1.81.
Mattel (NASDAQ:MAT – Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.19. The firm had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Mattel had a net margin of 5.94% and a return on equity of 25.72%. Mattel’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the prior year, the company posted $1.08 earnings per share. Equities research analysts predict that Mattel will post 1.44 EPS for the current year.
Analysts Set New Price Targets
View Our Latest Stock Analysis on MAT
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.
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