Mattel, Inc. (NASDAQ:MAT) Gains But Fails To Exceed 52-Week High – (MAT, HAS, LF, JAKK)
Mattel, Inc. (NASDAQ:MAT) shares traded near 52-week highs but failed to hit the high mark after the world’s largest toymaker posted better-than-predicted quarterly earnings as the company maintained low costs and got a boost from Batman and Barbie products.
Mattel, home to brands including Barbie, Hot Wheels and Fisher-Price, said profit grew to $96.2 million or 28 cents a share for the second quarter, higher than the $80.5 million or 23 cents a share in the same quarter last year. Analysts surveyed by Thomson Reuters had a mean forecast for a profit of 21 cents a share. Revenue was $1.16 billion, better than analysts forecast of $1.13 billion.
Mattel, Inc (NASDAQ:MAT) hit 12.17% as their profit margin for the last twelve months and had an operating margin of 16.55%. Evaluating management effectiveness, return on equity was maintained at 29.12% in the last twelve months. Return on assets was 14.14%. In the previous 52 weeks the price has traded between $22.70 – $34.62. The last session’s volume of 13.13 million shares competed with the average daily trading volume of 2.23 million shares.
Within the industry, Hasbro, Inc (NASDAQ:HAS) had a 8.58% profit margin in the last twelve months and an operating margin at 13.16%. Return on equity for this company was 24.97% in the last twelve months. Return on assets was 9.33%. In the last year the stock has moved within a range of $31.36 – $41.30. The last session’s volume of 2.78 million shares competed with the average daily trading volume of 1.54 million shares.
LeapFrog Enterprises, Inc (NYSE:LF) recorded a profit margin of 6.69% for the prior 12 months and an operating margin at 7.59%. Return on equity for this stock was 15.82% while return on assets was 12.03%.
Within the industry, JAKKS Pacific, Inc (NASDAQ:JAKK) had a 0.45% profit margin in the last twelve months and an operating margin at -0.49%. Return on equity for this company was 0.79% in the last twelve months. Return on assets was 0.53%.
