JAKKS Pacific (JAKK) Expected to Announce Earnings on Thursday

JAKKS Pacific (NASDAQ:JAKK) is anticipated to release its earnings data after the market closes on Thursday, February 20th. Analysts expect JAKKS Pacific to post earnings of ($0.05) per share and revenue of $131.07 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

JAKKS Pacific Stock Performance

Shares of JAKK opened at $33.95 on Wednesday. JAKKS Pacific has a 1 year low of $17.06 and a 1 year high of $36.35. The company has a market cap of $373.11 million, a price-to-earnings ratio of 12.48 and a beta of 2.22. The firm has a fifty day moving average of $28.90 and a 200-day moving average of $26.82.

Insider Buying and Selling

In other JAKKS Pacific news, CFO John Louis Kimble sold 48,253 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $27.62, for a total value of $1,332,747.86. Following the completion of the sale, the chief financial officer now directly owns 95,544 shares of the company’s stock, valued at approximately $2,638,925.28. This represents a 33.56 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on JAKK. 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 report on Thursday, October 31st. StockNews.com raised shares of JAKKS Pacific from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, JAKKS Pacific presently has an average rating of “Buy” and a consensus target price 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.