Wall Street analysts expect JAKKS Pacific, Inc. (NASDAQ:JAKK) to post $155.90 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made 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 scheduled to report its next earnings report on Thursday, February 22nd.

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

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

Several equities analysts recently issued reports on JAKK shares. Jefferies Group reiterated a “hold” rating and issued a $3.50 target price (down from $4.50) on shares of JAKKS Pacific in a research note on Saturday, September 30th. Stifel Nicolaus decreased their target price on shares of JAKKS Pacific from $4.50 to $3.30 and set a “hold” rating for the company in a research note on Monday, October 30th. BMO Capital Markets reiterated a “hold” rating and issued a $3.50 target price on shares of JAKKS Pacific in a research note on Monday, November 27th. 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. Finally, DA Davidson cut shares of JAKKS Pacific from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $3.75 to $2.25 in a research note on Thursday, September 21st. Two analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $3.51.

JAKKS Pacific (JAKK) remained flat at $$2.55 on Monday. 690,849 shares of the company’s stock traded hands, compared to its average volume of 233,160. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.54 and a current ratio of 1.96. JAKKS Pacific has a 1 year low of $2.20 and a 1 year high of $5.85. The stock has a market capitalization of $68.82, a price-to-earnings ratio of -0.84, a PEG ratio of 3.34 and a beta of 0.65.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Stifel Financial Corp increased its holdings in JAKKS Pacific by 12.7% in the 2nd quarter. Stifel Financial Corp now owns 32,005 shares of the company’s stock worth $129,000 after acquiring an additional 3,604 shares in the last quarter. Wells Fargo & Company MN increased its holdings in JAKKS Pacific by 20,020.5% in the 3rd quarter. Wells Fargo & Company MN now owns 51,911 shares of the company’s stock worth $155,000 after acquiring an additional 51,653 shares in the last quarter. KBC Group NV increased its holdings in JAKKS Pacific by 5.5% in the 2nd quarter. KBC Group NV now owns 63,199 shares of the company’s stock worth $253,000 after acquiring an additional 3,304 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in JAKKS Pacific by 273.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 91,550 shares of the company’s stock worth $366,000 after acquiring an additional 67,020 shares in the last quarter. Finally, California Public Employees Retirement System increased its holdings in JAKKS Pacific by 0.6% in the 2nd quarter. California Public Employees Retirement System now owns 218,868 shares of the company’s stock worth $875,000 after acquiring an additional 1,400 shares in the last quarter. 56.78% of the stock is owned by institutional investors.

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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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