JAKKS Pacific (JAKK) Given News Impact Rating of 0.39

News coverage about JAKKS Pacific (NASDAQ:JAKK) has been trending positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing 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 sentiment score of 0.39 on Accern’s scale. Accern also assigned headlines about the company an impact score of 86 out of 100, indicating that recent news coverage is very likely to have an impact on the company’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

Shares of JAKKS Pacific (NASDAQ:JAKK) traded down 1.45% during trading on Friday, reaching $3.40. The company had a trading volume of 109,100 shares. JAKKS Pacific has a 52-week low of $3.30 and a 52-week high of $9.75. The stock’s market capitalization is $73.49 million. The stock has a 50 day moving average of $3.87 and a 200 day moving average of $4.77.

JAKKS Pacific (NASDAQ:JAKK) last posted its quarterly earnings results on Tuesday, July 25th. The company reported ($0.66) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.21) by $0.45. The business had revenue of $119.57 million for the quarter, compared to the consensus estimate of $134.02 million. JAKKS Pacific had a negative return on equity of 7.07% and a negative net margin of 1.76%. The company’s quarterly revenue was down 15.2% on a year-over-year basis. During the same period last year, the firm earned ($0.27) earnings per share. Equities research analysts forecast that JAKKS Pacific will post $0.27 EPS for the current year.

A number of analysts have weighed in on JAKK shares. Zacks Investment Research upgraded JAKKS Pacific from a “sell” rating to a “hold” rating in a research note on Friday, April 28th. BMO Capital Markets set a $4.00 price target on JAKKS Pacific and gave the company a “hold” rating in a research note on Wednesday. DA Davidson restated a “neutral” rating and issued a $5.00 price target on shares of JAKKS Pacific in a research note on Tuesday, May 23rd. Jefferies Group LLC started coverage on JAKKS Pacific in a research report on Thursday, June 8th. They set a “hold” rating and a $4.50 target price on the stock. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $5.50 target price on shares of JAKKS Pacific in a research report on Monday, July 10th. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. JAKKS Pacific currently has an average rating of “Hold” and an average target price of $5.46.

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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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