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

September 17, 2017 - By Nellie Frank

 $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.
Cannell Peter B holds 8,954 shares or 0.01% of its portfolio. Westpac Banking Corporation reported 23,328 shares or 0% of all its holdings. Ameriprise Financial invested in 0.05% or 3.30M shares. Virginia Retirement Systems Et Al reported 19,100 shares stake. Paloma Prtn has 46,139 shares for 0.01% of their portfolio. 279,865 were accumulated by Fred Alger Management. Guardian Life Insurance Of America reported 1,310 shares. Employees Retirement Systems Of Texas owns 195,000 shares. 460,760 were reported by Tcw Gru Incorporated. Nordea Inv Management Ab holds 21,148 shares. Columbus Circle Invsts has 0.14% invested in Mattel, Inc. (NASDAQ:MAT). Gateway Invest Advisers holds 0.08% or 305,995 shares in its portfolio. Strs Ohio owns 43,722 shares or 0.01% of their US portfolio. Raymond James & Associate holds 132,401 shares or 0.01% of its portfolio. Wells Fargo And Co Mn invested in 0.04% or 3.81M shares.

Wall Street await Mattel, Inc. (NASDAQ:MAT) to release earnings on October, 18. Analysts forecast earnings per share of $0.63, down exactly $0.07 or 10.00 % from 2014’s $0.7 EPS. The expected MAT’s profit could reach $216.09 million giving the stock 6.29 P/E in the case that $0.63 earnings per share is reported. After posting $-0.14 EPS for the previous quarter, Mattel, Inc.’s analysts now forecast -550.00 % EPS growth. The stock increased 0.13% or $0.02 on September 15, reaching $15.86. About 10.22M 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. On Monday, October 10 the stock rating was upgraded by M Partners to “Buy”. The company was initiated on Thursday, August 20 by Oppenheimer. Jefferies maintained Mattel, Inc. (NASDAQ:MAT) on Wednesday, June 14 with “Hold” rating. BMO Capital Markets upgraded Mattel, Inc. (NASDAQ:MAT) on Monday, December 14 to “Outperform” rating. Citigroup maintained the stock with “Buy” rating in Monday, August 15 report. Argus Research upgraded it to “Buy” rating and $38 target in Thursday, February 4 report. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Buy” rating by Monness Crespi & Hardt on Thursday, January 26. The stock of Mattel, Inc. (NASDAQ:MAT) has “Overweight” rating given on Thursday, April 7 by JP Morgan. The stock of Mattel, Inc. (NASDAQ:MAT) earned “Hold” rating by Barclays Capital on Friday, June 16. The firm earned “Buy” rating on Friday, July 28 by BMO Capital Markets.

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

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