JAKKS Pacific, Inc. (NASDAQ:JAKK) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $2.24 and last traded at $2.35, with a volume of 237800 shares traded. The stock had previously closed at $2.35.

Several analysts recently issued reports on the company. BMO Capital Markets reissued a “hold” rating and set a $3.50 target price on shares of JAKKS Pacific in a research note on Monday, November 27th. Zacks Investment Research cut JAKKS Pacific from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 31st. DA Davidson upgraded 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 lowered their target price on JAKKS Pacific from $4.50 to $3.30 and set a “hold” rating for the company in a report on Monday, October 30th. Finally, Jefferies Group reissued a “hold” rating and issued a $3.50 price target (down from $4.50) on shares of JAKKS Pacific in a research report on Saturday, September 30th. Two analysts have rated the stock with a sell rating and five have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $3.51.

The company has a market capitalization of $67.47, a price-to-earnings ratio of -0.78 and a beta of 0.65. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.54 and a current ratio of 1.96.

JAKKS Pacific (NASDAQ:JAKK) last announced its earnings results on Thursday, October 26th. The company reported $0.53 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $294.59 million. During the same period in the previous year, the company earned $0.82 EPS. JAKKS Pacific’s revenue was down 13.3% compared to the same quarter last year. research analysts predict that JAKKS Pacific, Inc. will post -0.04 EPS for the current year.

Several large investors have recently bought and sold shares of JAKK. Stifel Financial Corp boosted its holdings in JAKKS Pacific by 12.7% in the second quarter. Stifel Financial Corp now owns 32,005 shares of the company’s stock valued at $129,000 after purchasing an additional 3,604 shares during the period. Goldman Sachs Group Inc. increased its position in JAKKS Pacific by 0.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 24,530 shares of the company’s stock valued at $135,000 after acquiring an additional 117 shares during the period. Wells Fargo & Company MN increased its position in JAKKS Pacific by 20,020.5% in the 3rd quarter. Wells Fargo & Company MN now owns 51,911 shares of the company’s stock valued at $155,000 after acquiring an additional 51,653 shares during the period. KBC Group NV increased its position in JAKKS Pacific by 5.5% in the 2nd quarter. KBC Group NV now owns 63,199 shares of the company’s stock valued at $253,000 after acquiring an additional 3,304 shares during the period. Finally, Municipal Employees Retirement System of Michigan purchased a new stake in JAKKS Pacific in the 2nd quarter valued at approximately $318,000. 56.78% of the stock is owned by hedge funds and other institutional investors.

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JAKKS Pacific Company Profile

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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