JAKKS Pacific (JAKK) Expected to Announce Earnings on Thursday

JAKKS Pacific (NASDAQ:JAKK) will likely be releasing its earnings data 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. Persons that wish to listen to the company’s earnings conference call can do so using this link.

JAKKS Pacific Stock Down 0.4 %

Shares of JAKK stock opened at $33.95 on Wednesday. The firm’s 50 day moving average price is $28.90 and its two-hundred day moving average price is $26.82. JAKKS Pacific has a fifty-two week low of $17.06 and a fifty-two week high of $36.35. The stock has a market cap of $373.11 million, a price-to-earnings ratio of 12.48 and a beta of 2.22.

Insider Buying and Selling

In other JAKKS Pacific news, CFO John Louis Kimble sold 48,253 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $27.62, for a total transaction of $1,332,747.86. Following the completion of the sale, the chief financial officer now owns 95,544 shares in the company, valued at $2,638,925.28. The trade was 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 this link. Insiders own 3.50% of the company’s stock.

Analysts Set New Price Targets

JAKK has been the topic of a number of recent research reports. StockNews.com raised shares of JAKKS Pacific from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. B. Riley boosted their target price on shares of JAKKS Pacific from $37.00 to $41.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $41.67.

JAKKS Pacific Company Profile

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.