Zacks Research Raises Earnings Estimates for JAKKS Pacific

JAKKS Pacific, Inc. (NASDAQ:JAKK) – Stock analysts at Zacks Research raised their Q3 2027 earnings per share estimates for JAKKS Pacific in a report released on Tuesday, October 13th. Zacks Research analyst Team now forecasts that the company will earn $2.21 per share for the quarter, up from their previous estimate of $2.19. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for JAKKS Pacific’s current full-year earnings is $1.38 per share. Zacks Research also issued estimates for JAKKS Pacific’s FY2027 earnings at $1.92 EPS, Q3 2028 earnings at $2.74 EPS and FY2028 earnings at $2.87 EPS.

JAKKS Pacific (NASDAQ:JAKK) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.31. The business had revenue of $139.24 million for the quarter, compared to analysts’ expectations of $123.01 million. JAKKS Pacific had a return on equity of 4.33% and a net margin of 2.77%.

A number of other research analysts also recently commented on the company. Wall Street Zen upgraded JAKKS Pacific from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of JAKKS Pacific in a report on Friday, September 11th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company presently has an average rating of “Hold”.

JAKKS Pacific Price Performance

NASDAQ:JAKK opened at $27.76 on Thursday. JAKKS Pacific has a 12-month low of $14.86 and a 12-month high of $28.60. The firm has a market capitalization of $317.57 million, a P/E ratio of 19.97 and a beta of 1.32. The business has a 50 day simple moving average of $25.46 and a 200 day simple moving average of $23.62.

JAKKS Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Friday, August 28th were paid a $0.25 dividend. The ex-dividend date was Friday, August 28th. This represents a $1.00 annualized dividend and a dividend yield of 3.6%. JAKKS Pacific’s dividend payout ratio (DPR) is presently 71.94%.

Institutional Investors Weigh In On JAKKS Pacific

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada boosted its position in shares of JAKKS Pacific by 543.6% during the first quarter. Royal Bank of Canada now owns 2,066 shares of the company’s stock worth $41,000 after buying an additional 1,745 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in JAKKS Pacific by 11.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,508 shares of the company’s stock worth $249,000 after buying an additional 1,288 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in JAKKS Pacific by 43.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 16,500 shares of the company’s stock worth $279,000 after buying an additional 5,000 shares in the last quarter. Sei Investments Co. increased its position in JAKKS Pacific by 34.4% in the 1st quarter. Sei Investments Co. now owns 17,960 shares of the company’s stock valued at $358,000 after acquiring an additional 4,600 shares during the period. Finally, Quantinno Capital Management LP increased its position in JAKKS Pacific by 63.4% in the 1st quarter. Quantinno Capital Management LP now owns 20,317 shares of the company’s stock valued at $405,000 after acquiring an additional 7,885 shares during the period. Institutional investors own 44.38% of the company’s stock.

JAKKS Pacific Company Profile

JAKKS Pacific, Inc is a toy and consumer products company that develops, manufactures and markets toys, games and related products for children and families. Its portfolio includes action figures, dolls, vehicles, playsets, role-play and dress-up products, plush toys, preschool items, games, and seasonal and outdoor products.

The company sells products under its own brands and through licensing and entertainment partnerships. Its offerings have included products based on well-known movie, television, video game and character properties, as well as proprietary brands such as Maui and Airwalk.