JAKKS Pacific (JAKK) to Release Earnings on Wednesday

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) will be issuing 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 are interested in participating in the company's earnings conference call can do so using this link.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.69 by ($0.22). JAKKS Pacific had a net margin of 4.29% and a return on equity of 14.36%. The company had revenue of $148.62 million during the quarter, compared to the consensus estimate of $162.42 million. 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 Price Performance

Shares of JAKKS Pacific stock traded down $0.22 during midday trading on Wednesday, reaching $25.06. The company had a trading volume of 57,309 shares, compared to its average volume of 99,763. The stock has a fifty day moving average price of $24.65 and a 200 day moving average price of $21.33. JAKKS Pacific has a fifty-two week low of $15.30 and a fifty-two week high of $36.84. The firm has a market cap of $270.67 million, a PE ratio of 9.21 and a beta of 2.34.

Wall Street Analyst Weigh In

JAKK has been the subject of a number of research reports. StockNews.com downgraded shares of JAKKS Pacific from a "buy" rating to a "hold" rating in a research note on Monday, August 5th. Maxim Group began coverage on JAKKS Pacific in a research note on Monday, August 26th. They set a "buy" rating and a $46.00 price target on the stock. Small Cap Consu raised JAKKS Pacific to a "strong-buy" rating in a research note on Tuesday, July 16th. Finally, B. Riley started coverage on JAKKS Pacific in a report on Tuesday, September 17th. They issued a "buy" rating and a $37.00 target price on the stock. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $40.33.

About JAKKS Pacific

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.