JAKKS Pacific (NASDAQ:JAKK) Posts Earnings Results, Misses Estimates By $0.83 EPS

JAKKS Pacific (NASDAQ:JAKKGet Free Report) released its quarterly earnings results on Thursday. The company reported ($0.88) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.83), Zacks reports. The firm had revenue of $130.74 million for the quarter, compared to analysts’ expectations of $131.07 million. JAKKS Pacific had a net margin of 5.10% and a return on equity of 15.87%.

JAKKS Pacific Stock Performance

Shares of NASDAQ:JAKK opened at $30.00 on Friday. JAKKS Pacific has a 52-week low of $17.06 and a 52-week high of $36.35. The firm has a fifty day moving average of $29.37 and a 200 day moving average of $27.07. The firm has a market capitalization of $329.70 million, a PE ratio of 9.97 and a beta of 2.22.

JAKKS Pacific Announces Dividend

The business also recently announced a — dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 3rd will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 3rd. JAKKS Pacific’s dividend payout ratio (DPR) is presently 9.30%.

Analyst Ratings Changes

JAKK has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of JAKKS Pacific from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. B. Riley boosted their price target on shares of JAKKS Pacific from $37.00 to $41.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $41.67.

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About JAKKS Pacific

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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.

See Also

Earnings History for JAKKS Pacific (NASDAQ:JAKK)

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