What's Going On With Mattel Stock After Earnings?
What's Going On With Mattel Stock After Earnings?
Mattel, Inc. (NASDAQ:MAT) shares are trading higher Wednesday after the company posted better-than-expected first-quarter adjusted earnings per share results. Here's a look at the details.
The Details:
Mattel reported quarterly losses of 5 cents per share which beat the analyst consensus estimate of losses of 12 cents per share.
Quarterly sales came in at $810 million, missing the analyst consensus estimate of $831.8 million by 2.62% and representing a 0.56% decrease in sales year-over-year.
Mattel said gross billings in its North America segment increased by 1%, driven by growth in Vehicles (primarily Hot Wheels) and Action Figures, Building Sets and Games, partly offset by declines in Infant, Toddler and Preschool (primarily Baby Gear) and Dolls (primarily Disney Princess and Disney Frozen).
The company expects full-year adjusted earnings in a range of $1.35 to $1.45 per share, versus the $1.39 estimate.
Following the print, DA Davidson analyst Linda Bolton Weiser maintained Mattel with a Buy rating and raised the price target on the stock from $26 to $27. Also, Roth MKM maintained its Neutral rating and $21 price target on Mattel.
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Should I Sell My MAT Stock?
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
Shares of Mattel have increased by 14% in the past year. An investor who bought shares of Mattel at the beginning of the year would make a profit of $0.57 per share if they sold it today.
Mattel shares have an all-time high of $26.97, representing 39.42% upside from current levels.
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Mattel stock currently has an RSI of 65.56, indicating neutral conditions.
For access to advanced charting and analysis tools and stock data, check out Benzinga PRO. Try it for free.
MAT Price Action: According to Benzinga Pro, Mattel shares are up 3.82% at $19.45 at the time of publication Wednesday.
Image: 1319631 from Pixabay
Mattel, Inc. (NASDAQ:MAT) shares are trading higher Wednesday after the company posted better-than-expected first-quarter adjusted earnings per share results. Here's a look at the details.
美泰公司（納斯達克股票代碼：MAT）週三股價走高，此前該公司公佈的第一季度調整後每股收益好於預期。以下是細節。
The Details:
細節：
Mattel reported quarterly losses of 5 cents per share which beat the analyst consensus estimate of losses of 12 cents per share.
美泰公佈的季度虧損爲每股5美分，超過了分析師普遍預期的每股虧損12美分。
Quarterly sales came in at $810 million, missing the analyst consensus estimate of $831.8 million by 2.62% and representing a 0.56% decrease in sales year-over-year.
季度銷售額爲8.1億美元，比分析師普遍預期的8.318億美元低2.62％，銷售額同比下降0.56％。
Mattel said gross billings in its North America segment increased by 1%, driven by growth in Vehicles (primarily Hot Wheels) and Action Figures, Building Sets and Games, partly offset by declines in Infant, Toddler and Preschool (primarily Baby Gear) and Dolls (primarily Disney Princess and Disney Frozen).
美泰表示，其北美板塊的總賬單增長了1％，這得益於汽車（主要是風火輪）和動作人物、積木套裝和遊戲的增長，但嬰兒、幼兒和學齡前兒童（主要是嬰兒裝備）和玩偶（主要是迪士尼公主和迪士尼冰雪奇緣）的下降部分抵消了這一增長。
The company expects full-year adjusted earnings in a range of $1.35 to $1.45 per share, versus the $1.39 estimate.
該公司預計，全年調整後每股收益在1.35美元至1.45美元之間，而預期爲1.39美元。
Following the print, DA Davidson analyst Linda Bolton Weiser maintained Mattel with a Buy rating and raised the price target on the stock from $26 to $27. Also, Roth MKM maintained its Neutral rating and $21 price target on Mattel.
公佈後，達·戴維森分析師琳達·博爾頓·韋瑟維持美泰的買入評級，並將該股的目標股價從26美元上調至27美元。此外，羅斯MKM維持了對美泰的中性評級和21美元的目標股價。
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相關新聞： 豪華電動汽車製造商Lucid的股票怎麼了？
Should I Sell My MAT Stock?
我應該賣出我的 MAT 股票嗎？
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
在決定持有或出售股票時，投資者應考慮其時間範圍、未實現收益和總回報。
Shares of Mattel have increased by 14% in the past year. An investor who bought shares of Mattel at the beginning of the year would make a profit of $0.57 per share if they sold it today.
在過去的一年中，美泰的股價上漲了14％。年初購買美泰股票的投資者如果今天出售美泰股票，將獲得每股0.57美元的利潤。
Mattel shares have an all-time high of $26.97, representing 39.42% upside from current levels.
美泰股價創歷史新高，爲26.97美元，較當前水平上漲39.42％。
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Mattel stock currently has an RSI of 65.56, indicating neutral conditions.
投資者也可以考慮市場動態。相對強弱指數可用於表明股票是超買還是超賣。美泰股票目前的相對強弱指數爲65.56，表明情況中立。
For access to advanced charting and analysis tools and stock data, check out Benzinga PRO. Try it for free.
要訪問高級製圖和分析工具以及股票數據，請查看 Benzinga PRO。免費試用。
MAT Price Action: According to Benzinga Pro, Mattel shares are up 3.82% at $19.45 at the time of publication Wednesday.
MAT價格走勢：根據Benzinga Pro的數據，美泰股價在週三發佈時上漲3.82％，至19.45美元。
Image: 1319631 from Pixabay
圖片：來自 Pixabay 的 1319631
譯文內容由第三人軟體翻譯。
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