Wall Street analysts expect that JAKKS Pacific, Inc. (NASDAQ:JAKK) will post sales of $155.90 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for JAKKS Pacific’s earnings, with the highest sales estimate coming in at $158.71 million and the lowest estimate coming in at $150.30 million. JAKKS Pacific posted sales of $167.03 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 6.7%. The company is expected to issue its next earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that JAKKS Pacific will report full-year sales of $155.90 million for the current fiscal year, with estimates ranging from $626.80 million to $635.19 million. For the next year, analysts anticipate that the business will post sales of $631.23 million per share, with estimates ranging from $614.30 million to $648.09 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow JAKKS Pacific.

JAKKS Pacific (NASDAQ:JAKK) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.32). The firm had revenue of $262.40 million for the quarter, compared to analysts’ expectations of $294.59 million. JAKKS Pacific had a negative net margin of 9.36% and a negative return on equity of 15.58%. JAKKS Pacific’s revenue was down 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.82 EPS.

A number of equities analysts have commented on JAKK shares. Zacks Investment Research raised shares of JAKKS Pacific from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 8th. ValuEngine cut shares of JAKKS Pacific from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. DA Davidson cut shares of JAKKS Pacific from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $3.75 to $2.25 in a research note on Thursday, September 21st. Jefferies Group reissued a “hold” rating and issued a $3.50 price target (down previously from $4.50) on shares of JAKKS Pacific in a research note on Saturday, September 30th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $3.50 price target on shares of JAKKS Pacific in a research note on Friday, October 6th. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the company. The stock has a consensus rating of “Hold” and an average target price of $3.93.

JAKKS Pacific (JAKK) opened at $2.47 on Monday. JAKKS Pacific has a 12 month low of $2.40 and a 12 month high of $7.45. The company has a quick ratio of 1.54, a current ratio of 1.96 and a debt-to-equity ratio of 1.07.

A number of hedge funds have recently added to or reduced their stakes in JAKK. California Public Employees Retirement System grew its stake in JAKKS Pacific by 22.7% in the 1st quarter. California Public Employees Retirement System now owns 217,468 shares of the company’s stock worth $1,196,000 after buying an additional 40,300 shares in the last quarter. KCG Holdings Inc. lifted its holdings in shares of JAKKS Pacific by 48.9% in the 1st quarter. KCG Holdings Inc. now owns 21,381 shares of the company’s stock worth $118,000 after acquiring an additional 7,023 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of JAKKS Pacific by 0.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 24,530 shares of the company’s stock worth $135,000 after acquiring an additional 117 shares during the last quarter. Municipal Employees Retirement System of Michigan bought a new stake in shares of JAKKS Pacific in the 2nd quarter worth approximately $318,000. Finally, LMR Partners LLP bought a new stake in shares of JAKKS Pacific in the 2nd quarter worth approximately $194,000. 56.77% of the stock is owned by institutional investors and hedge funds.

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About JAKKS Pacific

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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Earnings History and Estimates for JAKKS Pacific (NASDAQ:JAKK)

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