Media stories about JAKKS Pacific (NASDAQ:JAKK) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. JAKKS Pacific earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.354861082016 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
JAKKS Pacific (NASDAQ JAKK) traded up 2.206% during midday trading on Monday, hitting $3.475. 18,570 shares of the stock traded hands. JAKKS Pacific has a 12 month low of $3.05 and a 12 month high of $9.75. The company has a 50-day moving average of $3.69 and a 200-day moving average of $4.63. The stock’s market cap is $75.11 million.
JAKKS Pacific (NASDAQ:JAKK) last released its earnings results on Tuesday, July 25th. The company reported ($0.66) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.21) by $0.45. JAKKS Pacific had a negative return on equity of 7.07% and a negative net margin of 1.76%. The firm had revenue of $119.57 million for the quarter, compared to analyst estimates of $134.02 million. During the same period last year, the firm earned ($0.27) EPS. The company’s revenue for the quarter was down 15.2% compared to the same quarter last year. On average, equities research analysts anticipate that JAKKS Pacific will post $0.17 earnings per share for the current year.
JAKK has been the subject of several research reports. Zacks Investment Research raised shares of JAKKS Pacific from a “sell” rating to a “hold” rating in a research report on Friday, April 28th. BMO Capital Markets set a $4.00 price target on shares of JAKKS Pacific and gave the company a “hold” rating in a research report on Wednesday, July 26th. DA Davidson reaffirmed a “neutral” rating and set a $5.00 price target on shares of JAKKS Pacific in a research report on Tuesday, May 23rd. Jefferies Group LLC initiated coverage on shares of JAKKS Pacific in a research report on Thursday, June 8th. They set a “hold” rating and a $4.50 price target for the company. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $5.50 price target on shares of JAKKS Pacific in a research report on Monday, July 10th. Eight analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of $5.46.
In other news, CEO Stephen G. Berman bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was purchased at an average price of $3.40 per share, with a total value of $34,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 5.20% of the company’s stock.
JAKKS Pacific Company Profile
JAKKS Pacific, Inc is a multi-line, multi-brand toy company. The Company designs, produces, markets and distributes toys and related products, pet toys, consumables and related products, electronics and related products, kids indoor and outdoor furniture, and other consumer products. The Company operates through two business segments: traditional toys and electronics, and role play, novelty and seasonal toys.
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