$0.63 EPS Expected for Mattel, Inc. (MAT)

September 17, 2017 - By Marie Mckinney

 $0.63 EPS Expected for Mattel, Inc. (MAT)
Investors sentiment increased to 1.16 in Q4 2016. Its up 0.06, from 1.1 in 2016Q3. It increased, as 56 investors sold Mattel, Inc. shares while 159 reduced holdings. 61 funds opened positions while 188 raised stakes. 323.62 million shares or 2.64% more from 315.31 million shares in 2016Q3 were reported.
Finemark National Bank & Trust And invested 0.11% in Mattel, Inc. (NASDAQ:MAT). Stadion Money Management Ltd Company invested in 82,117 shares or 0.07% of the stock. Dt Invest Partners Ltd invested in 27,165 shares. Ontario Teachers Pension Plan Board has invested 0.01% in Mattel, Inc. (NASDAQ:MAT). Quantres Asset Limited stated it has 0.34% in Mattel, Inc. (NASDAQ:MAT). Livforsakringsbolaget Skandia Omsesidigt holds 0.03% of its portfolio in Mattel, Inc. (NASDAQ:MAT) for 24,133 shares. 23,328 were reported by Westpac. Proshare Advisors Ltd Liability Co, a Maryland-based fund reported 111,291 shares. Henderson Gru Public Limited Liability stated it has 48,893 shares. Cibc World Markets accumulated 52,970 shares. 25,929 are held by Charter Trust. North Star Inv Mgmt Corporation owns 22,833 shares. Willingdon Wealth Management invested in 2.47% or 190,182 shares. Texas Permanent School Fund has 102,464 shares for 0.04% of their portfolio. Raymond James Na invested 0.02% in Mattel, Inc. (NASDAQ:MAT).

Investors wait Mattel, Inc. (NASDAQ:MAT) to report on October, 18. its quarterly earnings Wall Street analysts expect $0.63 earnings per share, down $0.07 or 10.00 % from last year’s $0.7 same quarter earnings. This translates into $216.09 million profit for MAT giving the stock a 6.29 P/E. This is assuming the current $0.63 EPS is accurate. Mattel, Inc.’s Wall Street analysts see -550.00 % EPS growth, taking into account the $-0.14 EPS reproted in the previous quarter, The stock increased 0.13% or $0.02 on September 15, reaching $15.86. About 10.22 million shares traded or 71.48% up from the average. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since September 17, 2016 and is downtrending. It has underperformed by 43.62% the S&P500.

Mattel, Inc. (NASDAQ:MAT) Ratings Coverage

Among 16 analysts covering Mattel Inc. (NASDAQ:MAT), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. Mattel Inc. had 39 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Mattel, Inc. (NASDAQ:MAT) has “Buy” rating given on Tuesday, February 2 by Stifel Nicolaus. The rating was downgraded by DA Davidson on Thursday, August 3 to “Underperform”. Citigroup maintained it with “Buy” rating and $38 target in Monday, August 15 report. The firm has “Neutral” rating by M Partners given on Thursday, July 21. The firm has “Hold” rating given on Friday, June 9 by Stifel Nicolaus. The firm has “Hold” rating by Stifel Nicolaus given on Friday, January 27. The rating was maintained by BMO Capital Markets on Monday, July 31 with “Outperform”. The company was maintained on Friday, July 28 by BMO Capital Markets. The firm has “Outperform” rating given on Monday, December 14 by BMO Capital Markets. The rating was initiated by JP Morgan with “Overweight” on Thursday, April 7.

Mattel, Inc. manufactures and markets a range of toy products around the world. The company has market cap of $5.44 billion. The Company’s divisions are North America; International, and American Girl. It has a 22.9 P/E ratio. The Company’s portfolio of brands and products are grouped into approximately four major brand categories, including Mattel Girls & Boys Brands, Fisher-Price Brands, American Girl Brands and Construction and Arts & Crafts Brands.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Benzinga.com which released: “UBS Answers 5 FAQs From Investors About Mattel” on September 14, 2017, also Globenewswire.com with their article: “Rosen Law Firm Reminds Mattel, Inc. Investors of Important August 28 Deadline …” published on August 24, 2017, Seekingalpha.com published: “Mattel – The Reign Of Margo Georgiadis” on August 20, 2017. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Nasdaq.com and their article: “Relative Strength Alert For Mattel” published on September 05, 2017 as well as Marketwatch.com‘s news article titled: “Weak box-office results spell trouble for toy makers like Mattel and Hasbro” with publication date: September 05, 2017.

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