JAKKS Pacific (JAKK) Scheduled to Post Earnings on Wednesday

JAKKS Pacific (NASDAQ:JAKK) is set to issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $3.24 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

JAKKS Pacific (NASDAQ:JAKK) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by ($0.22). The company had revenue of $148.62 million during the quarter, compared to analyst estimates of $162.42 million. JAKKS Pacific had a return on equity of 14.36% and a net margin of 4.29%. On average, analysts expect JAKKS Pacific to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

JAKKS Pacific Stock Performance

Shares of JAKK opened at $25.28 on Wednesday. The company has a 50-day simple moving average of $24.57 and a 200-day simple moving average of $21.30. JAKKS Pacific has a 52 week low of $15.30 and a 52 week high of $36.84. The firm has a market capitalization of $273.05 million, a P/E ratio of 9.29 and a beta of 2.34.

Analyst Ratings Changes

JAKK has been the topic of several research reports. StockNews.com lowered JAKKS Pacific from a “buy” rating to a “hold” rating in a research note on Monday, August 5th. Maxim Group started coverage on JAKKS Pacific in a research report on Monday, August 26th. They set a “buy” rating and a $46.00 price objective on the stock. B. Riley assumed coverage on JAKKS Pacific in a research note on Tuesday, September 17th. They issued a “buy” rating and a $37.00 target price for the company. Finally, Small Cap Consu upgraded shares of JAKKS Pacific to a “strong-buy” rating in a research note on Tuesday, July 16th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $40.33.

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.