Jakks Pacific Inc. (NASDAQ:JAKK) is scheduled to be issuing its Q316 quarterly earnings data on Thursday, October 20th. Analysts expect the company to announce earnings of $1.21 per share and revenue of $124.06 million for the quarter. Jakks Pacific has set its FY16 guidance at $0.78 EPS.Parties interested in participating in the company’s conference call can do so using this link.
Jakks Pacific (NASDAQ:JAKK) last posted its quarterly earnings data on Wednesday, July 20th. The company reported ($0.27) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.31) by $0.04. Jakks Pacific had a net margin of 2.00% and a return on equity of 10.42%. The business earned $141 million during the quarter, compared to the consensus estimate of $134.80 million. During the same period in the previous year, the firm posted ($0.30) earnings per share. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. On average, analysts expect Jakks Pacific to post $0.78 EPS for the current fiscal year and $0.92 EPS for the next fiscal year.
Shares of Jakks Pacific Inc. (NASDAQ:JAKK) opened at 8.35 on Tuesday. The stock’s 50 day moving average is $8.68 and its 200 day moving average is $8.24. The firm has a market capitalization of $134.87 million, a P/E ratio of 15.94 and a beta of 0.55. Jakks Pacific Inc. has a 1-year low of $6.17 and a 1-year high of $9.75.
In other Jakks Pacific news, major shareholder Patrick Soon-Shiong sold 133,619 shares of the stock in a transaction that occurred on Friday, July 22nd. The shares were sold at an average price of $8.82, for a total transaction of $1,178,519.58. Following the sale, the insider now directly owns 239,622 shares in the company, valued at approximately $2,113,466.04. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 4.10% of the company’s stock.
Large investors have recently added to or reduced their stakes in the company. Highbridge Capital Management LLC purchased a new stake in shares of Jakks Pacific during the second quarter worth approximately $162,000. AQR Capital Management LLC increased its stake in shares of Jakks Pacific by 30.0% in the second quarter. AQR Capital Management LLC now owns 129,541 shares of the company’s stock worth $1,024,000 after buying an additional 29,915 shares in the last quarter. Eagle Global Advisors LLC increased its stake in shares of Jakks Pacific by 7.5% in the second quarter. Eagle Global Advisors LLC now owns 26,740 shares of the company’s stock worth $212,000 after buying an additional 1,870 shares in the last quarter. Menta Capital LLC increased its stake in shares of Jakks Pacific by 78.7% in the second quarter. Menta Capital LLC now owns 111,180 shares of the company’s stock worth $879,000 after buying an additional 48,977 shares in the last quarter. Finally, Spark Investment Management LLC increased its stake in shares of Jakks Pacific by 73.4% in the second quarter. Spark Investment Management LLC now owns 107,500 shares of the company’s stock worth $850,000 after buying an additional 45,500 shares in the last quarter.
Several equities analysts have recently commented on the stock. B. Riley restated a “neutral” rating and issued a $10.00 price objective on shares of Jakks Pacific in a report on Tuesday, July 26th. Zacks Investment Research upgraded shares of Jakks Pacific from a “sell” rating to a “hold” rating in a report on Tuesday, July 12th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $11.58.
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.
Receive News & Ratings for Jakks Pacific Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jakks Pacific Inc. and related companies with MarketBeat.com's FREE daily email newsletter.