Equities analysts expect JAKKS Pacific, Inc. (NASDAQ:JAKK) to announce earnings per share (EPS) of ($0.23) for the current fiscal quarter, according to Zacks. Three analysts have made estimates for JAKKS Pacific’s earnings, with the lowest EPS estimate coming in at ($0.27) and the highest estimate coming in at ($0.18). JAKKS Pacific reported earnings of ($0.47) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 51.1%. The firm is scheduled to issue its next earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that JAKKS Pacific will report full-year earnings of ($0.05) per share for the current financial year, with EPS estimates ranging from ($0.24) to $0.15. For the next year, analysts expect that the business will post earnings of $0.15 per share, with EPS estimates ranging from ($0.09) to $0.31. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover JAKKS Pacific.

JAKKS Pacific (NASDAQ:JAKK) last issued its quarterly earnings results on Thursday, October 26th. The company reported $0.53 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.32). JAKKS Pacific had a negative return on equity of 15.58% and a negative net margin of 9.36%. The business had revenue of $262.40 million during the quarter, compared to analyst estimates of $294.59 million. During the same quarter last year, the company posted $0.82 EPS. JAKKS Pacific’s quarterly revenue was down 13.3% compared to the same quarter last year.

A number of brokerages have recently commented on JAKK. Jefferies Group reaffirmed a “hold” rating and set a $3.50 price objective (down previously from $4.50) on shares of JAKKS Pacific in a research note on Saturday, September 30th. DA Davidson raised shares of JAKKS Pacific from an “underperform” rating to a “neutral” rating in a research note on Monday, October 30th. They noted that the move was a valuation call. BMO Capital Markets reaffirmed a “hold” rating and set a $3.50 price objective on shares of JAKKS Pacific in a research note on Friday, October 6th. Stifel Nicolaus dropped their price objective on shares of JAKKS Pacific from $4.50 to $3.30 and set a “hold” rating on the stock in a research note on Monday, October 30th. Finally, Zacks Investment Research cut shares of JAKKS Pacific from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $3.51.

Several hedge funds and other institutional investors have recently modified their holdings of JAKK. Walthausen & Co. LLC grew its stake in shares of JAKKS Pacific by 668.6% during the 3rd quarter. Walthausen & Co. LLC now owns 774,300 shares of the company’s stock worth $2,323,000 after purchasing an additional 673,560 shares during the period. Daiwa Securities Group Inc. grew its stake in shares of JAKKS Pacific by 59.2% during the 3rd quarter. Daiwa Securities Group Inc. now owns 895,619 shares of the company’s stock worth $2,703,000 after purchasing an additional 333,070 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of JAKKS Pacific by 273.2% during the 2nd quarter. Goldman Sachs Group Inc. now owns 91,550 shares of the company’s stock worth $366,000 after purchasing an additional 67,020 shares during the period. Wells Fargo & Company MN grew its stake in shares of JAKKS Pacific by 20,020.5% during the 3rd quarter. Wells Fargo & Company MN now owns 51,911 shares of the company’s stock worth $155,000 after purchasing an additional 51,653 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of JAKKS Pacific by 12.7% during the 2nd quarter. Stifel Financial Corp now owns 32,005 shares of the company’s stock valued at $129,000 after buying an additional 3,604 shares in the last quarter. 56.78% of the stock is currently owned by institutional investors and hedge funds.

JAKKS Pacific (JAKK) opened at $2.55 on Friday. JAKKS Pacific has a fifty-two week low of $2.20 and a fifty-two week high of $5.85. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.96 and a quick ratio of 1.54. The firm has a market cap of $68.82, a P/E ratio of -0.84, a P/E/G ratio of 3.15 and a beta of 0.65.

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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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