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JAKKS Pacific (NASDAQ:JAKK) was upgraded by analysts at Needham & Company LLC from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of JAKKS Pacific in a research note on Thursday, April 24th. They now have a $8.75 price target on the stock. Separately, analysts at B. Riley raised their price target on shares of JAKKS Pacific from $8.25 to $11.00 in a research note on Monday, April 21st. They now have a “buy” rating on the stock. Finally, analysts at BMO Capital Markets upgraded shares of JAKKS Pacific from a “market perform” rating to an “outperform” rating in a research note on Friday, April 11th. They now have a $10.00 price target on the stock, up previously from $8.00. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $9.92.

JAKKS Pacific (NASDAQ:JAKK) opened at 7.31 on Friday. JAKKS Pacific has a 52-week low of $4.45 and a 52-week high of $11.75. The stock’s 50-day moving average is $8.54 and its 200-day moving average is $7.09. The company’s market cap is $160.8 million.

JAKKS Pacific (NASDAQ:JAKK) last released its earnings data on Wednesday, April 23rd. The company reported ($0.74) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.76) by $0.02. The company had revenue of $82.50 million for the quarter, compared to the consensus estimate of $76.13 million. During the same quarter in the previous year, the company posted ($1.23) earnings per share. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, analysts predict that JAKKS Pacific will post $0.40 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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