Morgan Stanley analyst Megan Alexander maintains $Mattel (MAT.US)$ with a hold rating, and adjusts the target price from $21 to $22.
According to TipRanks data, the analyst has a success rate of 48.1% and a total average return of 1.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Mattel (MAT.US)$'s main analysts recently are as follows:
The 'strong' third-quarter performance of Mattel was somewhat eclipsed by the fourth-quarter earnings per share, which were suggested to be significantly below expectations according to the full-year outlook. Although the guidance might be on the cautious side, it's premature to determine the outcome given the crucial upcoming sales weeks, which coincide with a shorter holiday period, an upcoming election, and persistent uncertainties in consumer behavior.
Following Mattel's reported Q3 adjusted EPS of $1.14, exceeding the anticipated forecast, there has been an upward revision of the calendar 2025 EPS estimate to $1.65. This revision is grounded in the expectation of sustained gross margin growth and a projected $150M gross billings contribution from the upcoming release of Jurassic World Rebirth in July 2025.
Note:
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