JAKKS Pacific (NASDAQ:JAKK) Share Price Passes Above 200 Day Moving Average - What's Next?

Key Points

• Shares of JAKKS Pacific recently crossed above their 200‑day moving average, trading as high as $22.26 and last at $22.15 versus the 200‑day MA of $18.77 (50‑day MA $20.96) on volume of 40,872 shares.
• Analyst activity is mixed: Wall Street Zen upgraded JAKK to a Buy and Zacks moved it to Hold, but the MarketBeat consensus rating remains Hold.
• Fundamentals show a Q1 loss of ($0.46) EPS on $127.11M revenue, a market cap of $253.4M and a PE of 26.06; the company pays a $0.25 quarterly dividend (4.5% yield) despite a high dividend payout ratio of 117.65%.

JAKKS Pacific, Inc. (NASDAQ:JAKK - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $18.77 and traded as high as $22.26. JAKKS Pacific shares last traded at $22.15, with a volume of 40,872 shares.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Wall Street Zen raised JAKKS Pacific from a "hold" rating to a "buy" rating in a report on Saturday, March 7th. Zacks Research raised JAKKS Pacific from a "strong sell" rating to a "hold" rating in a report on Monday, March 9th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, JAKKS Pacific currently has a consensus rating of "Hold".

JAKKS Pacific Stock Up 1.0%

The company has a market capitalization of $253.40 million, a PE ratio of 26.06 and a beta of 1.65. The stock has a 50-day moving average of $20.96 and a 200 day moving average of $18.77.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.46) EPS for the quarter. The business had revenue of $127.11 million for the quarter. JAKKS Pacific had a net margin of 1.73% and a return on equity of 3.85%. Equities analysts forecast that JAKKS Pacific, Inc. will post 2.06 EPS for the current fiscal year.

JAKKS Pacific Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, February 27th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, February 27th. JAKKS Pacific's dividend payout ratio (DPR) is presently 117.65%.

Institutional Trading of JAKKS Pacific

Institutional investors and hedge funds have recently modified their holdings of the business. Hantz Financial Services Inc. purchased a new stake in shares of JAKKS Pacific during the third quarter valued at approximately $25,000. State of Alaska Department of Revenue purchased a new stake in shares of JAKKS Pacific during the fourth quarter valued at approximately $32,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in JAKKS Pacific during the third quarter valued at $46,000. Quarry LP bought a new position in JAKKS Pacific during the third quarter valued at $51,000. Finally, BNP Paribas Financial Markets grew its holdings in JAKKS Pacific by 155.8% during the second quarter. BNP Paribas Financial Markets now owns 3,072 shares of the company's stock valued at $64,000 after purchasing an additional 1,871 shares during the period. 44.38% of the stock is owned by hedge funds and other institutional investors.

About JAKKS Pacific

JAKKS Pacific, Inc NASDAQ: JAKK is a Los Angeles–based company that designs, develops and markets a broad range of toys and consumer products. Since its founding in 1995 by industry veteran Jack Friedman, the company has built a diversified portfolio spanning three primary segments: Toys, Consumer Electronics & Seasonal, and Kids Furniture & Accessories. JAKKS Pacific specializes in both licensed and proprietary brands, collaborating with major entertainment and sports licensors to bring popular characters and franchises to market.

The company's Toys segment includes action figures, dolls, role-play items, collectible toys and outdoor activity products.

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