JAKKS Pacific (JAKK) Earning Somewhat Positive Media Coverage, Analysis Shows
Media coverage about JAKKS Pacific (NASDAQ:JAKK) has been trending somewhat positive on Tuesday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. JAKKS Pacific earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.7755016531677 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s rankings:
- Zacks: Brokerages Anticipate JAKKS Pacific, Inc. (JAKK) Will Announce Earnings of -$0.23 Per Share (americanbankingnews.com)
- Head to Head Comparison: JAKKS Pacific (JAKK) vs. LeapFrog Enterprises (LF) (americanbankingnews.com)
- Hasbro-Mattel Merger Talks Resurface, Terms Kept Under Wraps (finance.yahoo.com)
- JAKKS Pacific (JAKK) & LeapFrog Enterprises (LF) Critical Comparison (americanbankingnews.com)
- JAKKS Pacific, Inc. (JAKK) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
Shares of JAKKS Pacific (JAKK) remained flat at $$2.60 on Tuesday. 170,600 shares of the company’s stock traded hands, compared to its average volume of 279,108. JAKKS Pacific has a 52-week low of $2.40 and a 52-week high of $7.45. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.76 and a quick ratio of 1.38.
JAKKS Pacific (NASDAQ:JAKK) last announced its quarterly earnings data on Thursday, October 26th. The company reported $0.53 earnings per share for the quarter, missing the Zacks’ 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 previous year, the business posted $0.82 earnings per share. JAKKS Pacific’s revenue for the quarter was down 13.3% compared to the same quarter last year. sell-side analysts anticipate that JAKKS Pacific will post -0.04 earnings per share for the current fiscal year.
A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of JAKKS Pacific from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 31st. DA Davidson upgraded shares of JAKKS Pacific from an “underperform” rating to a “neutral” rating in a report on Monday, October 30th. They noted that the move was a valuation call. Stifel Nicolaus reduced their target price on shares of JAKKS Pacific from $4.50 to $3.30 and set a “hold” rating on the stock in a report on Monday, October 30th. BMO Capital Markets restated a “hold” rating and issued a $3.50 price objective on shares of JAKKS Pacific in a report on Friday, October 6th. Finally, Jefferies Group LLC restated a “hold” rating and issued a $3.50 price objective (down from $4.50) on shares of JAKKS Pacific in a report on Saturday, September 30th. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $3.93.
About JAKKS Pacific
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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