Citi analyst James Hardiman maintains $Mattel (MAT.US)$ with a buy rating, and maintains the target price at $26.
According to TipRanks data, the analyst has a success rate of 47.6% and a total average return of 8.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Mattel (MAT.US)$'s main analysts recently are as follows:
Mattel's robust third-quarter performance was slightly eclipsed by the implied fourth-quarter earnings per share falling short of expectations, based on the guidance for the full year. Whether this guidance is overly cautious remains to be seen, as the outcome will heavily depend on the critical upcoming sales period which faces a compressed holiday season, an upcoming election, and persistent consumer uncertainty.
Following Mattel's report of Q3 adjusted EPS of $1.14, surpassing the anticipated $1.02, there's a positive outlook on the company's financial performance. Expectations for calendar 2025 EPS have been increased to $1.65, considering ongoing gross margin growth and an anticipated $150M gross billings boost from the future release of Jurassic World Rebirth in July 2025.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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