$0.22 EPS Expected for Mattel, Inc. (MAT)

December 29, 2017 – By Dolores Ford

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.19, from 0.98 in 2017Q2. It worsened, as 72 investors sold Mattel, Inc. shares while 132 reduced holdings. 36 funds opened positions while 126 raised stakes. 359.18 million shares or 14.87% more from 312.67 million shares in 2017Q2 were reported.
Vaughan David Investments Il reported 6,935 shares stake. Comerica Bancorporation stated it has 104,659 shares or 0.01% of all its holdings. 14,964 were accumulated by Liberty Mutual Grp Inc Asset. Coastline Tru holds 20,360 shares or 0.05% of its portfolio. Louisiana State Employees Retirement has 0.02% invested in Mattel, Inc. (NASDAQ:MAT). Eminence L P owns 2.24 million shares for 0.56% of their portfolio. Moreover, Franklin Street Advsr Inc Nc has 0.04% invested in Mattel, Inc. (NASDAQ:MAT). Credit Suisse Ag invested 0.01% of its portfolio in Mattel, Inc. (NASDAQ:MAT). The California-based California State Teachers Retirement has invested 0.02% in Mattel, Inc. (NASDAQ:MAT). Principal Financial Grp Inc Inc holds 0.01% in Mattel, Inc. (NASDAQ:MAT) or 474,218 shares. State Of Alaska Department Of Revenue has 53,948 shares. State Board Of Administration Of Florida Retirement Systems has invested 0.02% in Mattel, Inc. (NASDAQ:MAT). Northern Tru has 0.02% invested in Mattel, Inc. (NASDAQ:MAT) for 4.16M shares. Hap Trading Ltd Company holds 89,143 shares or 0.07% of its portfolio. Ls Advsr Ltd Liability Company reported 20,530 shares or 0.02% of all its holdings.

Analysts expect Mattel, Inc. (NASDAQ:MAT) to report $0.22 EPS on January, 24.They anticipate $0.30 EPS change or 57.69 % from last quarter’s $0.52 EPS. MAT’s profit would be $75.62M giving it 17.43 P/E if the $0.22 EPS is correct. After having $0.09 EPS previously, Mattel, Inc.’s analysts see 144.44 % EPS growth. The stock decreased 1.79% or $0.28 during the last trading session, reaching $15.34. About 3.41M shares traded. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since December 29, 2016 and is downtrending. It has underperformed by 43.62% the S&P500.

Mattel, Inc. (NASDAQ:MAT) Ratings Coverage

Among 18 analysts covering Mattel Inc. (NASDAQ:MAT), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Mattel Inc. had 56 analyst reports since July 28, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Friday, July 28 report. The company was maintained on Thursday, October 20 by B. Riley & Co. The stock of Mattel, Inc. (NASDAQ:MAT) has “Underperform” rating given on Thursday, August 3 by DA Davidson. The rating was maintained by Jefferies on Tuesday, September 5 with “Hold”. Goldman Sachs initiated the stock with “Neutral” rating in Monday, February 13 report. Monness Crespi & Hardt maintained Mattel, Inc. (NASDAQ:MAT) on Thursday, January 26 with “Buy” rating. The firm has “Hold” rating by Jefferies given on Friday, December 1. Jefferies maintained Mattel, Inc. (NASDAQ:MAT) rating on Thursday, July 20. Jefferies has “Hold” rating and $1900 target. Jefferies maintained the stock with “Hold” rating in Wednesday, June 14 report. The stock has “Buy” rating by M Partners on Monday, July 3.

Mattel, Inc. designs, manufactures, and markets a range of toy products worldwide. The company has market cap of $5.27 billion. The firm operates in three divisions: North America, International, and American Girl. It currently has negative earnings. It offers dolls and accessories, vehicles and play sets, and games and puzzles under the Mattel Girls & Boys brands, including Barbie, Monster High, Ever After High, Polly Pocket, DC Super Hero Girl, Disney Classics, Hot Wheels, Matchbox, CARS, DC Comics, WWE Wrestling, Minecraft, Max Steel, Little Mommy, BOOMco., and Toy Story.

More notable recent Mattel, Inc. (NASDAQ:MAT) news were published by: Moodys.com which released: “Moody’s Publishes Covenant Quality Assessment for Mattel, Inc. Bond Offering” on December 14, 2017, also Usnews.com with their article: “No Holiday Gift for Mattel Investors this Year” published on November 29, 2017, Fool.com published: “Why Mattel, Inc.’s Shares Popped 29% in November” on December 04, 2017. More interesting news about Mattel, Inc. (NASDAQ:MAT) were released by: Seekingalpha.com and their article: “Mattel’s Turnaround: A Complete And Total Overview” published on December 06, 2017 as well as Latimes.com‘s news article titled: “Mattel lays off 70 employees amid continuing financial struggles” with publication date: December 21, 2017.