JAKKS Pacific (NASDAQ:JAKK) Issues Quarterly Earnings Results, Beats Estimates By $0.14 EPS

JAKKS Pacific (NASDAQ:JAKK – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.34 by $0.14, Zacks reports. JAKKS Pacific had a net margin of 2.77% and a return on equity of 4.33%.

JAKKS Pacific Trading Up 0.9%

Shares of NASDAQ JAKK traded up $0.27 during midday trading on Thursday, hitting $29.54. The company’s stock had a trading volume of 160,573 shares, compared to its average volume of 92,439. The firm has a market capitalization of $338.09 million, a price-to-earnings ratio of 21.25 and a beta of 1.32. The stock has a fifty day moving average price of $25.81 and a 200 day moving average price of $23.94. JAKKS Pacific has a one year low of $14.86 and a one year high of $29.55.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of JAKKS Pacific in a research note on Friday, September 11th. Wall Street Zen raised shares of JAKKS Pacific from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 23rd. Finally, Zacks Research upgraded shares of JAKKS Pacific from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, JAKKS Pacific currently has a consensus rating of “Hold”.

Read Our Latest Research Report on JAKK

JAKKS Pacific Company Profile

(Get Free Report)

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.

See Also

Earnings History for JAKKS Pacific (NASDAQ:JAKK)

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