Q3 EPS Estimates for JAKKS Pacific Reduced by Zacks Research

Key Points

• Zacks Research lowered its Q3 2027 EPS estimate for JAKKS Pacific to $2.19 from $2.20 and maintained a “Hold” rating. The consensus full-year EPS estimate is $1.38, while FY2028 EPS is projected at $2.82.
• JAKKS Pacific shares opened at $24.42, down 1.6%, with a market capitalization of approximately $279 million. The company’s stock has traded between $14.86 and $27.22 over the past 52 weeks.
• The company reported quarterly EPS of $0.25, beating the consensus estimate of a $0.06 loss, and revenue of $139.24 million versus estimates of $123.01 million. JAKKS also declared a $0.25 quarterly dividend, representing a 4.1% yield, while institutional investors own 44.38% of its shares.

JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) - Stock analysts at Zacks Research reduced their Q3 2027 EPS estimates for JAKKS Pacific in a research note issued on Wednesday, September 23rd. Zacks Research analyst Team now anticipates that the company will post earnings per share of $2.19 for the quarter, down from their previous forecast of $2.20. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for JAKKS Pacific's current full-year earnings is $1.38 per share. Zacks Research also issued estimates for JAKKS Pacific's FY2028 earnings at $2.82 EPS.

Several other brokerages have also recently issued reports on JAKK. Wall Street Zen raised JAKKS Pacific from a "buy" rating to a "strong-buy" rating in a report on Sunday, August 23rd. Weiss Ratings restated a "hold (c)" rating on shares of JAKKS Pacific in a report on Friday, September 11th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of "Hold".

JAKKS Pacific Stock Down 1.6%

Shares of JAKK stock opened at $24.42 on Thursday. The stock has a market cap of $279.36 million, a P/E ratio of 17.57 and a beta of 1.39. JAKKS Pacific has a 52 week low of $14.86 and a 52 week high of $27.22. The company's fifty day simple moving average is $25.05 and its two-hundred day simple moving average is $22.92.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.31. The firm had revenue of $139.24 million during 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%.

JAKKS Pacific Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, August 28th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, August 28th. JAKKS Pacific's dividend payout ratio is currently 71.94%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JAKK. Donald Smith & CO. Inc. bought a new stake in JAKKS Pacific during the second quarter worth approximately $4,784,000. Bank of New York Mellon Corp bought a new stake in shares of JAKKS Pacific in the 2nd quarter valued at approximately $988,000. Bank of America Corp DE lifted its stake in shares of JAKKS Pacific by 1.3% in the 1st quarter. Bank of America Corp DE now owns 37,962 shares of the company's stock valued at $756,000 after purchasing an additional 494 shares during the last quarter. Royal Bank of Canada boosted its holdings 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 worth $41,000 after purchasing an additional 1,745 shares during the period. Finally, Empowered Funds LLC boosted its holdings 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 worth $1,281,000 after purchasing an additional 5,577 shares during the period. Institutional investors own 44.38% of the company's stock.

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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