JAKKS Pacific - JAKK Stock Forecast, Price & News

JAKKS Pacific, Inc. develops, produces, markets, sells, and distributes toys, consumables, and electronics and related products worldwide. It operates in 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, inflatable environments, tents, and wagons. The company also provides role play, dress-up, pretend play, and novelty products for boys and girls based on brands and entertainment properties, as well as on its own proprietary brands; and indoor and outdoor kids' furniture, activity trays and tables, room décor, kiddie pools, and seasonal and outdoor products. In addition, it offers Halloween and everyday costumes for various ages based on licensed and proprietary non-licensed brands, and related Halloween accessories; outdoor activity toys; and junior sports toys, including hyper-charged balls, sport sets, and toy hoops. The company sells its products through in-house sales staff and independent sales representatives to toy and mass-market retail chain stores, department stores, office supply stores, drug and grocery store chains, club stores, value-oriented dollar stores, toy specialty stores, and wholesalers. JAKKS Pacific, Inc. was incorporated in 1995 and is headquartered in Santa Monica, California.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on JAKK shares. Jefferies Financial Group decreased their price target on JAKKS Pacific from $15.00 to $14.00 in a research note on Friday, July 15th. BMO Capital Markets raised JAKKS Pacific from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $15.00 to $21.00 in a research note on Tuesday, May 3rd. Finally, StockNews.com downgraded JAKKS Pacific from a "strong-buy" rating to a "buy" rating in a report on Tuesday, August 9th.

JAKKS Pacific Stock Performance

JAKKS Pacific stock opened at $21.97 on Monday. The stock's 50-day moving average is $15.76 and its 200-day moving average is $14.29. The company has a market cap of $210.25 million, a price-to-earnings ratio of 3.80 and a beta of 2.35. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.47 and a quick ratio of 0.97. JAKKS Pacific has a 12 month low of $7.50 and a 12 month high of $27.00.

Insider Transactions at JAKKS Pacific

In related news, major shareholder Benefit Street Partners Llc sold 202,000 shares of the firm's stock in a transaction dated Thursday, July 28th. The stock was sold at an average price of $22.92, for a total transaction of $4,629,840.00. Following the sale, the insider now directly owns 1,274,524 shares in the company, valued at approximately $29,212,090.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, major shareholder Lawrence I. Rosen bought 20,000 shares of the company's stock in a transaction that occurred on Thursday, June 2nd. The shares were acquired at an average cost of $13.00 per share, for a total transaction of $260,000.00. Following the acquisition, the insider now owns 1,893,049 shares in the company, valued at approximately $24,609,637. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Benefit Street Partners Llc sold 202,000 shares of the firm's stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $22.92, for a total value of $4,629,840.00. Following the sale, the insider now owns 1,274,524 shares in the company, valued at $29,212,090.08. The disclosure for this sale can be found here. Company insiders own 2.40% of the company's stock.