JAKKS Pacific (JAKK) Scheduled to Post Earnings on Wednesday

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of ($0.32) per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last issued its quarterly earnings data on Thursday, February 29th. The company reported ($1.21) earnings per share for the quarter, missing the consensus estimate of ($0.74) by ($0.47). JAKKS Pacific had a return on equity of 24.69% and a net margin of 5.24%. The business had revenue of $127.40 million during the quarter, compared to the consensus estimate of $136.54 million. On average, analysts expect JAKKS Pacific to post $4 EPS for the current fiscal year and $2 EPS for the next fiscal year.

JAKKS Pacific Price Performance

Shares of NASDAQ:JAKK traded down $0.27 during trading on Wednesday, hitting $22.15. The company's stock had a trading volume of 84,123 shares, compared to its average volume of 122,848. The company has a 50-day moving average of $27.15 and a 200-day moving average of $27.75. JAKKS Pacific has a 12 month low of $15.30 and a 12 month high of $36.84. The firm has a market cap of $239.22 million, a price-to-earnings ratio of 6.57 and a beta of 2.34.

Institutional Investors Weigh In On JAKKS Pacific

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its holdings in JAKKS Pacific by 4,676.7% during the 1st quarter. Tower Research Capital LLC TRC now owns 1,433 shares of the company's stock valued at $25,000 after buying an additional 1,403 shares in the last quarter. UBS Group AG lifted its position in JAKKS Pacific by 357.8% in the fourth quarter. UBS Group AG now owns 1,401 shares of the company's stock worth $25,000 after buying an additional 1,095 shares during the last quarter. California State Teachers Retirement System bought a new stake in shares of JAKKS Pacific during the second quarter worth $48,000. Legal & General Group Plc lifted its position in shares of JAKKS Pacific by 32.2% during the fourth quarter. Legal & General Group Plc now owns 1,450 shares of the company's stock worth $52,000 after purchasing an additional 353 shares during the last quarter. Finally, Deutsche Bank AG bought a new stake in shares of JAKKS Pacific during the third quarter worth $58,000. 44.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

JAKK has been the topic of several recent research reports. TheStreet cut shares of JAKKS Pacific from a "b" rating to a "c+" rating in a research note on Friday, March 1st. Ascendiant Capital Markets lowered their price objective on shares of JAKKS Pacific from $41.00 to $38.00 and set a "buy" rating on the stock in a research note on Monday, April 1st.

About JAKKS Pacific

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company 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 products; private label products; and foot-to-floor ride-on products.