JAKKS Pacific (NASDAQ:JAKK) Announces Earnings Results

JAKKS Pacific (NASDAQ:JAKK) announced its quarterly earnings results on Thursday. The company reported $0.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.48, Fidelity Earnings reports. JAKKS Pacific had a negative net margin of 7.34% and a negative return on equity of 109.42%. The firm had revenue of $280.13 million for the quarter, compared to analyst estimates of $280.50 million.

JAKK traded down $0.02 during trading on Friday, reaching $0.86. The company had a trading volume of 232,000 shares, compared to its average volume of 76,143. The company has a debt-to-equity ratio of 116.72, a current ratio of 1.53 and a quick ratio of 1.13. The business’s fifty day moving average price is $0.82 and its 200 day moving average price is $0.82. JAKKS Pacific has a 12 month low of $0.51 and a 12 month high of $2.84. The company has a market cap of $27.48 million, a P/E ratio of -0.69 and a beta of 1.38.

Separately, Jefferies Financial Group set a $1.00 price target on shares of JAKKS Pacific and gave the company a “hold” rating in a research note on Friday, August 23rd.

About JAKKS Pacific

JAKKS Pacific, Inc develops, produces, and markets consumer products worldwide. The company operates through three segments: U.S. and Canada, International, and Halloween. It 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, inflatable environments, tents, and wagons.

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Earnings History for JAKKS Pacific (NASDAQ:JAKK)

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