Brokers Issue Forecasts for JAKKS Pacific FY2027 Earnings

Key Points

• Zacks Research raised its FY2027 EPS forecast for JAKKS Pacific slightly to $1.91 from $1.90, but maintained a “Strong Sell” rating. The broader analyst consensus is “Reduce,” with one Hold and one Sell rating.
• JAKKS Pacific reported quarterly EPS of $0.25, beating the consensus estimate of a $0.06 loss, while revenue reached $139.24 million versus the $123.01 million estimate.
• The company declared a quarterly dividend of $0.25, equivalent to $1.00 annually and a 4.1% yield. Institutional investors own approximately 44.38% of JAKKS Pacific.

JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) - Equities researchers at Zacks Research boosted their FY2027 EPS estimates for shares of JAKKS Pacific in a report issued on Wednesday, September 23rd. Zacks Research analyst Team now expects that the company will earn $1.91 per share for the year, up from their prior estimate of $1.90. Zacks Research has a "Strong Sell" rating on the stock. The consensus estimate for JAKKS Pacific's current full-year earnings is $1.38 per share.

Other research analysts have also recently issued reports about the company. Wall Street Zen upgraded JAKKS Pacific from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 23rd. Weiss Ratings reiterated a "hold (c)" rating on shares of JAKKS Pacific in a report on Friday, September 11th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, JAKKS Pacific presently has a consensus rating of "Reduce".

JAKKS Pacific Stock Performance

Shares of JAKK opened at $24.54 on Friday. The stock has a 50-day moving average of $25.04 and a two-hundred day moving average of $22.95. The stock has a market cap of $280.74 million, a P/E ratio of 17.65 and a beta of 1.39. JAKKS Pacific has a one year low of $14.86 and a one year high of $27.22.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.31. The firm had revenue of $139.24 million for the quarter, compared to analyst estimates of $123.01 million. JAKKS Pacific had a net margin of 2.77% and a return on equity of 4.33%.

Institutional Investors Weigh In On JAKKS Pacific

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Donald Smith & CO. Inc. purchased a new stake in JAKKS Pacific during the second quarter worth $4,784,000. Bank of New York Mellon Corp acquired a new stake in shares of JAKKS Pacific during the 2nd quarter valued at about $988,000. Bank of America Corp DE grew its position in shares of JAKKS Pacific by 1.3% during the 1st quarter. Bank of America Corp DE now owns 37,962 shares of the company's stock valued at $756,000 after acquiring an additional 494 shares during the period. Royal Bank of Canada increased its stake in shares of JAKKS Pacific by 543.6% in the 1st quarter. Royal Bank of Canada now owns 2,066 shares of the company's stock valued at $41,000 after purchasing an additional 1,745 shares in the last quarter. Finally, Empowered Funds LLC increased its stake in shares of JAKKS Pacific by 9.5% in the 1st quarter. Empowered Funds LLC now owns 64,318 shares of the company's stock valued at $1,281,000 after purchasing an additional 5,577 shares in the last quarter. Institutional investors and hedge funds own 44.38% of the company's stock.

JAKKS Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, August 28th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $1.00 dividend on an annualized basis and a yield of 4.1%. JAKKS Pacific's payout ratio is presently 71.94%.

About JAKKS Pacific

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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