Wall Street analysts forecast that JAKKS Pacific, Inc. (NASDAQ:JAKK) will report earnings of ($0.58) per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for JAKKS Pacific’s earnings, with the highest EPS estimate coming in at ($0.48) and the lowest estimate coming in at ($0.69). JAKKS Pacific posted earnings per share of ($1.01) during the same quarter last year, which indicates a positive year over year growth rate of 42.6%. The business is expected to issue its next quarterly earnings report on Tuesday, April 24th.
According to Zacks, analysts expect that JAKKS Pacific will report full year earnings of $0.14 per share for the current year, with EPS estimates ranging from $0.01 to $0.23. For the next financial year, analysts anticipate that the business will post earnings of $0.22 per share, with EPS estimates ranging from $0.10 to $0.28. Zacks’ earnings per share averages are an average based on a survey of research firms that follow JAKKS Pacific.
JAKKS Pacific (NASDAQ:JAKK) last announced its earnings results on Thursday, February 22nd. The company reported ($0.61) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.50). JAKKS Pacific had a negative net margin of 13.55% and a negative return on equity of 22.00%. The firm had revenue of $136.63 million for the quarter, compared to the consensus estimate of $155.74 million. During the same period in the prior year, the business earned ($0.47) EPS. The company’s quarterly revenue was down 18.2% compared to the same quarter last year.
Several large investors have recently added to or reduced their stakes in JAKK. Spark Investment Management LLC acquired a new position in shares of JAKKS Pacific in the 4th quarter valued at $114,000. Virtu Financial LLC acquired a new position in shares of JAKKS Pacific in the 4th quarter valued at $149,000. Wells Fargo & Company MN boosted its position in shares of JAKKS Pacific by 20,020.5% in the 3rd quarter. Wells Fargo & Company MN now owns 51,911 shares of the company’s stock valued at $155,000 after purchasing an additional 51,653 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of JAKKS Pacific by 273.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 91,550 shares of the company’s stock valued at $366,000 after purchasing an additional 67,020 shares during the period. Finally, California Public Employees Retirement System boosted its position in shares of JAKKS Pacific by 0.6% in the 2nd quarter. California Public Employees Retirement System now owns 218,868 shares of the company’s stock valued at $875,000 after purchasing an additional 1,400 shares during the period. Institutional investors and hedge funds own 48.11% of the company’s stock.
Shares of JAKKS Pacific (NASDAQ:JAKK) traded down $0.20 during mid-day trading on Wednesday, reaching $2.20. The company had a trading volume of 325,650 shares, compared to its average volume of 178,985. JAKKS Pacific has a fifty-two week low of $2.10 and a fifty-two week high of $5.80. The company has a market capitalization of $60.72, a PE ratio of -0.57, a P/E/G ratio of 3.14 and a beta of 0.78. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.08 and a quick ratio of 1.65.
JAKKS Pacific Company Profile
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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