Positive News Coverage Somewhat Unlikely to Affect JAKKS Pacific (JAKK) Share Price

Headlines about JAKKS Pacific (NASDAQ:JAKK) have trended positive recently, AlphaOne reports. AlphaOne, a division of Accern, ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. JAKKS Pacific earned a coverage optimism score of 0.40 on AlphaOne’s scale. AlphaOne also assigned news stories about the company an impact score of 42 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news stories that may have impacted Alpha One Sentiment’s scoring:

JAKK has been the topic of several recent research reports. Zacks Investment Research raised shares of JAKKS Pacific from a “sell” rating to a “hold” rating in a report on Friday, April 28th. DA Davidson reaffirmed a “neutral” rating and set a $5.00 target price on shares of JAKKS Pacific in a report on Tuesday, May 23rd. Stifel Nicolaus raised their target price on shares of JAKKS Pacific from $5.50 to $6.00 and gave the stock a “hold” rating in a report on Wednesday, April 26th. Finally, B. Riley reaffirmed a “neutral” rating and set a $5.00 target price on shares of JAKKS Pacific in a report on Wednesday, March 1st. Seven investment analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average price target of $6.25.

Shares of JAKKS Pacific (JAKK) traded down 2.30% on Friday, reaching $4.25. 125,901 shares of the company were exchanged. The stock has a market capitalization of $80.74 million, a PE ratio of 265.62 and a beta of 0.69. JAKKS Pacific has a 12-month low of $4.15 and a 12-month high of $9.75. The firm has a 50 day moving average price of $4.71 and a 200-day moving average price of $5.44.

JAKKS Pacific (NASDAQ:JAKK) last posted its earnings results on Tuesday, April 25th. The company reported ($1.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.97) by $0.04. JAKKS Pacific had a negative return on equity of 0.37% and a negative net margin of 0.07%. The firm had revenue of $94.50 million during the quarter, compared to analysts’ expectations of $87.68 million. During the same quarter in the prior year, the company earned ($1.01) earnings per share. The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. On average, analysts predict that JAKKS Pacific will post $0.34 EPS for the current fiscal year.

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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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:JAKK”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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