News articles about JAKKS Pacific (NASDAQ:JAKK) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. JAKKS Pacific earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.7642764763692 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
JAKK has been the topic of several recent research reports. Stifel Nicolaus boosted their price objective on shares of JAKKS Pacific from $5.50 to $6.00 and gave the stock a “hold” rating in a research note on Wednesday, April 26th. DA Davidson reiterated a “neutral” rating and set a $3.75 price objective (down from $5.00) on shares of JAKKS Pacific in a research report on Saturday, July 22nd. TheStreet cut shares of JAKKS Pacific from a “c-” rating to a “d+” rating in a research report on Tuesday, July 25th. Zacks Investment Research upgraded shares of JAKKS Pacific from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, BMO Capital Markets restated a “hold” rating and issued a $6.00 price target on shares of JAKKS Pacific in a research report on Thursday, July 13th. Eight research analysts have rated the stock with a hold rating, The stock has a consensus rating of “Hold” and a consensus target price of $5.46.
JAKKS Pacific (NASDAQ:JAKK) opened at 3.50 on Friday. JAKKS Pacific has a 1-year low of $3.05 and a 1-year high of $9.75. The firm has a 50 day moving average of $3.60 and a 200-day moving average of $4.56. The company’s market capitalization is $79.70 million.
JAKKS Pacific (NASDAQ:JAKK) last issued its quarterly earnings results on Tuesday, July 25th. The company reported ($0.66) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.21) by $0.45. JAKKS Pacific had a negative return on equity of 7.07% and a negative net margin of 1.76%. The firm had revenue of $119.57 million for the quarter, compared to analysts’ expectations of $134.02 million. During the same quarter in the previous year, the firm posted ($0.27) earnings per share. The firm’s revenue for the quarter was down 15.2% compared to the same quarter last year. On average, equities research analysts anticipate that JAKKS Pacific will post $0.17 earnings per share for the current fiscal year.
In related news, CEO Stephen G. Berman acquired 10,000 shares of the stock in a transaction on Monday, August 7th. The shares were bought at an average price of $3.40 per share, with a total value of $34,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 5.20% of the company’s stock.
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JAKKS Pacific Company Profile
JAKKS Pacific, Inc is a multi-line, multi-brand toy company. The Company designs, produces, markets and distributes toys and related products, pet toys, consumables and related products, electronics and related products, kids indoor and outdoor furniture, and other consumer products. The Company operates through two business segments: traditional toys and electronics, and role play, novelty and seasonal toys.
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