JAKKS Pacific Inc. (JAKK) Releases FY14 Earnings Guidance
JAKKS Pacific Inc. (NASDAQ:JAKK) issued an update on its FY14 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.30-0.40 for the period, compared to the Thomson Reuters consensus estimate of $0.26, AnalystRatings.Net reports. The company issued revenue guidance of $633-640 million, compared to the consensus revenue estimate of $641.60 million.
A number of research firms have recently commented on JAKK. Analysts at Thomson Reuters/Verus upgraded shares of JAKKS Pacific from a sell rating to a hold rating in a research note on Monday. Analysts at Zacks upgraded shares of JAKKS Pacific from an underperform rating to a neutral rating in a research note on Friday, January 17th. They now have a $6.75 price target on the stock. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $8.06.
Shares of JAKKS Pacific Inc. (NASDAQ:JAKK) opened at 5.90 on Wednesday. JAKKS Pacific Inc. has a one year low of $4.45 and a one year high of $12.21. The stock’s 50-day moving average is $6.09 and its 200-day moving average is $5.79. The company’s market cap is $129.3 million.
JAKKS Pacific (NASDAQ:JAKK) last announced its earnings results on Wednesday, February 26th. The company reported ($0.73) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.83) by $0.10. The company had revenue of $137.70 million for the quarter, compared to the consensus estimate of $128.22 million. On average, analysts predict that JAKKS Pacific Inc. will post $-2.50 earnings per share for the current fiscal year.
JAKKS Pacific, Inc (NASDAQ:JAKK) is a multi-line, multi-brand toy company that 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.
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