JAKKS Pacific (JAKK) Projected to Post Quarterly Earnings on Thursday

JAKKS Pacific (NASDAQ:JAKK) is expected to announce its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $131.07 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

JAKKS Pacific Price Performance

JAKKS Pacific stock opened at $33.00 on Thursday. The company has a market cap of $362.67 million, a PE ratio of 12.13 and a beta of 2.22. The company has a fifty day moving average price of $28.46 and a two-hundred day moving average price of $26.48. JAKKS Pacific has a 12 month low of $17.06 and a 12 month high of $36.35.

Insider Buying and Selling

In other JAKKS Pacific news, CFO John Louis Kimble sold 48,253 shares of the business’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 sale, the chief financial officer now directly owns 95,544 shares in the company, valued at approximately $2,638,925.28. The trade was a 33.56 % decrease in their ownership of the stock. 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.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. StockNews.com raised shares of JAKKS Pacific from a “hold” rating to a “buy” rating in a 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 report on Thursday, October 31st. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, JAKKS Pacific has an average rating of “Buy” and an average 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.