JAKKS Pacific (NASDAQ:JAKK) Rating Lowered to Strong Sell at Zacks Research

JAKKS Pacific (NASDAQ:JAKK) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday, Zacks reports. Zacks Research also issued estimates for JAKKS Pacific’s Q3 2027 earnings at $2.19 EPS and FY2028 earnings at $2.82 EPS.

Other research analysts also recently issued reports about the stock. Wall Street Zen raised shares of JAKKS Pacific from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of JAKKS Pacific in a report on Friday, September 11th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

JAKKS Pacific Price Performance

Shares of JAKK stock opened at $24.42 on Tuesday. The stock has a market capitalization of $279.36 million, a PE ratio of 17.57 and a beta of 1.39. JAKKS Pacific has a 1-year low of $14.86 and a 1-year high of $27.22. The business has a 50-day moving average of $25.05 and a 200 day moving average of $22.92.

JAKKS Pacific (NASDAQ:JAKK) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.31. JAKKS Pacific had a return on equity of 4.33% and a net margin of 2.77%.The business had revenue of $139.24 million for the quarter, compared to analysts’ expectations of $123.01 million. Analysts anticipate that JAKKS Pacific will post 1.38 EPS for the current year.

Hedge Funds Weigh In On JAKKS Pacific

A number of institutional investors have recently bought and sold shares of the stock. Donald Smith & CO. Inc. bought a new stake in JAKKS Pacific during the 2nd quarter valued at approximately $4,784,000. Bank of New York Mellon Corp purchased a new position in shares of JAKKS Pacific in the 2nd quarter valued at approximately $988,000. Bank of America Corp DE lifted its stake in shares of JAKKS Pacific by 1.3% in the 1st quarter. Bank of America Corp DE now owns 37,962 shares of the company’s stock valued at $756,000 after purchasing an additional 494 shares during the period. Royal Bank of Canada boosted its position in shares of JAKKS Pacific by 543.6% during the first quarter. Royal Bank of Canada now owns 2,066 shares of the company’s stock valued at $41,000 after purchasing an additional 1,745 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in shares of JAKKS Pacific by 9.5% during the first quarter. Empowered Funds LLC now owns 64,318 shares of the company’s stock valued at $1,281,000 after purchasing an additional 5,577 shares in the last quarter. 44.38% of the stock is owned by institutional investors.

JAKKS Pacific Company Profile

JAKKS Pacific, Inc is a toy and consumer products company that designs, develops, produces and markets toys and related products for children and families. Its portfolio includes action figures, dolls, role-play products, vehicles, games, electronics, outdoor products and seasonal merchandise.

The company develops products under its own brands and through licenses based on entertainment, character and video game properties. Its portfolio has included brands such as Maui, Airwalk and Disguise, along with licensed products associated with properties from companies including Disney and Nintendo.