JAKKS Pacific (JAKK) Expected to Announce Quarterly Earnings on Thursday

JAKKS Pacific (NASDAQ:JAKK) is expected to issue its quarterly earnings data after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $131.07 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

JAKKS Pacific Trading Up 0.1 %

Shares of JAKK opened at $34.07 on Tuesday. The business’s 50 day moving average is $28.78 and its 200 day moving average is $26.75. The company has a market capitalization of $374.43 million, a PE ratio of 12.53 and a beta of 2.22. JAKKS Pacific has a 12-month low of $17.06 and a 12-month high of $36.35.

Insider Activity at JAKKS Pacific

In related news, CFO John Louis Kimble sold 48,253 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $27.62, for a total transaction of $1,332,747.86. Following the completion of the transaction, the chief financial officer now owns 95,544 shares in the company, valued at $2,638,925.28. The trade was a 33.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.50% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms have issued reports on JAKK. StockNews.com raised JAKKS Pacific from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. B. Riley lifted their price objective on JAKKS Pacific from $37.00 to $41.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, JAKKS Pacific presently has an average rating of “Buy” and a consensus price target of $41.67.

About JAKKS Pacific

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products.