JAKKS Pacific (NASDAQ:JAKK) Posts Earnings Results

JAKKS Pacific (NASDAQ:JAKK) issued its quarterly earnings data on Thursday. The company reported ($0.88) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.83), Zacks reports. JAKKS Pacific had a net margin of 4.87% and a return on equity of 15.27%.

JAKKS Pacific Price Performance

Shares of NASDAQ JAKK traded down $0.11 during midday trading on Thursday, reaching $34.82. The company’s stock had a trading volume of 230,035 shares, compared to its average volume of 105,316. The stock has a market capitalization of $382.67 million, a P/E ratio of 12.80 and a beta of 2.22. The firm has a 50 day moving average price of $29.16 and a 200-day moving average price of $26.96. JAKKS Pacific has a 12-month low of $17.06 and a 12-month high of $36.35.

Analyst Upgrades and Downgrades

JAKK has been the subject of a number of analyst reports. B. Riley lifted their price target on JAKKS Pacific from $37.00 to $41.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. StockNews.com upgraded JAKKS Pacific from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $41.67.

JAKKS Pacific Company Profile

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products.