JAKKS Pacific (NASDAQ:JAKK) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

JAKKS Pacific, Inc. (NASDAQ:JAKK) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.25 and traded as high as $20.87. JAKKS Pacific shares last traded at $20.02, with a volume of 68,366 shares trading hands.

Analysts Set New Price Targets

JAKK has been the subject of a number of research analyst reports. Zacks Research raised JAKKS Pacific from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. Wall Street Zen raised JAKKS Pacific from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

JAKKS Pacific Price Performance

The stock’s 50-day moving average is $19.56 and its two-hundred day moving average is $18.26. The company has a market cap of $225.10 million, a P/E ratio of 23.14 and a beta of 1.58.

JAKKS Pacific (NASDAQ:JAKK) last posted its earnings results on Monday, March 2nd. The company reported ($0.46) EPS for the quarter. The company had revenue of $127.11 million during the quarter. JAKKS Pacific had a return on equity of 3.85% and a net margin of 1.73%. On average, analysts predict that JAKKS Pacific, Inc. will post 3.52 EPS for the current year.

JAKKS Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.00 annualized dividend and a dividend yield of 5.1%. JAKKS Pacific’s payout ratio is presently 117.65%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Hantz Financial Services Inc. purchased a new position in JAKKS Pacific in the third quarter worth about $25,000. State of Alaska Department of Revenue purchased a new stake in shares of JAKKS Pacific during the 4th quarter valued at about $32,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of JAKKS Pacific in the 3rd quarter worth approximately $46,000. Quarry LP bought a new position in shares of JAKKS Pacific in the 3rd quarter worth approximately $51,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of JAKKS Pacific by 155.8% in the second quarter. BNP Paribas Financial Markets now owns 3,072 shares of the company’s stock worth $64,000 after buying an additional 1,871 shares during the last quarter. Institutional investors own 44.38% of the company’s stock.

JAKKS Pacific Company Profile

JAKKS Pacific, Inc (NASDAQ: JAKK) is a Los Angeles–based company that designs, develops and markets a broad range of toys and consumer products. Since its founding in 1995 by industry veteran Jack Friedman, the company has built a diversified portfolio spanning three primary segments: Toys, Consumer Electronics & Seasonal, and Kids Furniture & Accessories. JAKKS Pacific specializes in both licensed and proprietary brands, collaborating with major entertainment and sports licensors to bring popular characters and franchises to market.

The company’s Toys segment includes action figures, dolls, role-play items, collectible toys and outdoor activity products.