Goldman Sachs analyst Stephen Laszczyk maintains $Mattel (MAT.US)$ with a buy rating, and maintains the target price at $22.
According to TipRanks data, the analyst has a success rate of 47.5% and a total average return of -6.0% 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 overshadowed by a fourth-quarter earnings per share forecast that fell short of expectations, based on the full year outlook. While the guidance might turn out to be cautious, it remains uncertain with critical selling weeks coming up during a compressed holiday season, alongside the looming election and continuous consumer uncertainty.
Following Mattel's report of third-quarter adjusted EPS that surpassed expectations, the outlook for the company has improved. The forecast for calendar year 2025 EPS has been increased, factoring in sustained gross margin growth and an anticipated $150M gross billings contribution from the upcoming Jurassic World Rebirth, slated for release in July 2025.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
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.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
