Mattel (NASDAQ:MAT – Get Free Report) updated its FY 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.350-1.450 for the period, compared to the consensus estimate of 1.390. The company issued revenue guidance of -. Mattel also updated its FY24 guidance to $1.35-$1.45 EPS.
Mattel Price Performance
MAT traded down $0.71 during midday trading on Thursday, hitting $18.47. The company had a trading volume of 4,165,038 shares, compared to its average volume of 3,034,085. Mattel has a twelve month low of $16.20 and a twelve month high of $22.64. The company has a market capitalization of $6.35 billion, a PE ratio of 22.25, a P/E/G ratio of 1.25 and a beta of 0.95. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.90 and a current ratio of 2.33. The firm’s 50-day simple moving average is $19.30 and its 200-day simple moving average is $19.08.
Mattel (NASDAQ:MAT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 23rd. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.07. Mattel had a net margin of 5.38% and a return on equity of 24.25%. The business had revenue of $809.50 million during the quarter, compared to analyst estimates of $833.52 million. During the same quarter last year, the business posted ($0.24) earnings per share. Mattel’s revenue for the quarter was down .6% compared to the same quarter last year. Equities research analysts predict that Mattel will post 1.37 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
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About Mattel
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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