JAKKS Pacific (NASDAQ:JAKK - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect JAKKS Pacific to post earnings of ($0.05) per share and revenue of $131.07 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
JAKKS Pacific Price Performance
Shares of NASDAQ JAKK traded up $0.04 during mid-day trading on Friday, reaching $34.07. 130,758 shares of the company's stock traded hands, compared to its average volume of 88,259. The stock has a market cap of $374.43 million, a P/E ratio of 12.53 and a beta of 2.22. The business has a 50-day simple moving average of $28.78 and a 200 day simple moving average of $26.71. JAKKS Pacific has a 1-year low of $17.06 and a 1-year high of $36.35.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the stock. StockNews.com upgraded shares of JAKKS Pacific from a "hold" rating to a "buy" rating in a report on Friday, November 1st. B. Riley lifted their price objective on shares of JAKKS Pacific from $37.00 to $41.00 and gave the company a "buy" rating in a report on Thursday, October 31st. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $41.67.
Read Our Latest Stock Analysis on JAKKS Pacific
Insiders Place Their Bets
In other news, CFO John Louis Kimble sold 48,253 shares of JAKKS Pacific stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $27.62, for a total value of $1,332,747.86. Following the completion of the transaction, the chief financial officer now owns 95,544 shares in the company, valued at $2,638,925.28. This trade represents a 33.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.50% of the company's stock.
About JAKKS Pacific
(
Get Free Report)
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.
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