JAKKS Pacific (NASDAQ:JAKK) Rating Lowered to "Strong Sell" at Zacks Research

Key Points

• Zacks Research downgraded JAKKS Pacific from “hold” to “strong sell”, while the broader analyst consensus remains “Reduce.”
• JAKKS Pacific reported quarterly EPS of $0.25, beating the $0.06 loss expected, and revenue of $139.24 million versus the $123.01 million consensus estimate.
• The stock opened at $24.42, down 1.6%, with a $279.36 million market capitalization; institutional investors own 44.38% of the company.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) was downgraded by stock analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a research note issued to investors on Tuesday, Zacks reports. Zacks Research also issued estimates for JAKKS Pacific's Q3 2027 earnings at $2.19 EPS and FY2028 earnings at $2.82 EPS.

JAKK has been the subject of a number of other research reports. Weiss Ratings reiterated a "hold (c)" rating on shares of JAKKS Pacific in a research report on Friday, September 11th. Wall Street Zen upgraded JAKKS Pacific from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 23rd. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Reduce".

JAKKS Pacific Trading Down 1.6%

NASDAQ:JAKK opened at $24.42 on Tuesday. The company has a market cap of $279.36 million, a PE ratio of 17.57 and a beta of 1.39. The company has a 50 day simple moving average of $25.05 and a two-hundred day simple moving average of $22.92. JAKKS Pacific has a 12 month low of $14.86 and a 12 month high of $27.22.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.31. The firm had revenue of $139.24 million for the quarter, compared to analysts' expectations of $123.01 million. JAKKS Pacific had a return on equity of 4.33% and a net margin of 2.77%. Research analysts forecast that JAKKS Pacific will post 1.38 earnings per share for the current year.

Institutional Trading of JAKKS Pacific

Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its position in shares of JAKKS Pacific by 1.3% during the first quarter. Bank of America Corp DE now owns 37,962 shares of the company's stock worth $756,000 after purchasing an additional 494 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in JAKKS Pacific by 11.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 12,508 shares of the company's stock worth $249,000 after purchasing an additional 1,288 shares in the last quarter. Royal Bank of Canada boosted its stake in JAKKS Pacific by 543.6% in the 1st quarter. Royal Bank of Canada now owns 2,066 shares of the company's stock worth $41,000 after purchasing an additional 1,745 shares during the period. Corsair Capital Management L.P. boosted its stake in JAKKS Pacific by 20.3% in the 1st quarter. Corsair Capital Management L.P. now owns 23,970 shares of the company's stock worth $477,000 after purchasing an additional 4,040 shares during the period. Finally, Sei Investments Co. boosted its stake in JAKKS Pacific by 34.4% in the 1st quarter. Sei Investments Co. now owns 17,960 shares of the company's stock worth $358,000 after purchasing an additional 4,600 shares during the period. 44.38% of the stock is currently owned by institutional investors.

JAKKS Pacific Company Profile

JAKKS Pacific, Inc is a toy and consumer products company that designs, develops, produces and markets toys and related products for children and families. Its portfolio includes action figures, dolls, role-play products, vehicles, games, electronics, outdoor products and seasonal merchandise.

The company develops products under its own brands and through licenses based on entertainment, character and video game properties. Its portfolio has included brands such as Maui, Airwalk and Disguise, along with licensed products associated with properties from companies including Disney and Nintendo.

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