Analysts forecast that JAKKS Pacific, Inc. (NASDAQ:JAKK) will announce sales of $255.75 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for JAKKS Pacific’s earnings, with estimates ranging from $252.50 million to $259.00 million. JAKKS Pacific reported sales of $262.41 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 2.5%. The firm is scheduled to issue its next quarterly earnings results on Thursday, October 25th.
According to Zacks, analysts expect that JAKKS Pacific will report full-year sales of $586.30 million for the current fiscal year, with estimates ranging from $577.50 million to $595.10 million. For the next financial year, analysts forecast that the company will report sales of $621.15 million, with estimates ranging from $607.00 million to $635.30 million. Zacks’ sales averages are a mean average based on a survey of research firms that follow JAKKS Pacific.
JAKKS Pacific (NASDAQ:JAKK) last posted its earnings results on Thursday, July 26th. The company reported ($0.72) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.50) by ($0.22). JAKKS Pacific had a negative net margin of 17.20% and a negative return on equity of 39.06%. The firm had revenue of $105.78 million during the quarter, compared to the consensus estimate of $115.40 million.
An institutional investor recently bought a new position in JAKKS Pacific stock. Axar Capital Management L.P. acquired a new position in JAKKS Pacific, Inc. (NASDAQ:JAKK) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 141,194 shares of the company’s stock, valued at approximately $462,000. JAKKS Pacific comprises approximately 0.1% of Axar Capital Management L.P.’s investment portfolio, making the stock its 5th largest position. Axar Capital Management L.P. owned 0.48% of JAKKS Pacific as of its most recent SEC filing. 39.77% of the stock is owned by institutional investors and hedge funds.
Shares of NASDAQ:JAKK traded up $0.05 during trading on Friday, reaching $2.60. The stock had a trading volume of 700 shares, compared to its average volume of 41,539. JAKKS Pacific has a 52 week low of $1.95 and a 52 week high of $3.55. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 3.41. The stock has a market capitalization of $84.59 million, a P/E ratio of -2.55 and a beta of 1.16.
JAKKS Pacific Company Profile
JAKKS Pacific, Inc develops, produces, and markets consumer products worldwide. The company operates in three segments: U.S. and Canada, International, and Halloween. It offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school toys; private label products; and foot-to-floor ride-on toys, inflatable environments, tents, and wagons.
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