Brokerages expect that JAKKS Pacific, Inc. (NASDAQ:JAKK) will post earnings of ($0.56) per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for JAKKS Pacific’s earnings, with the highest EPS estimate coming in at ($0.46) and the lowest estimate coming in at ($0.66). JAKKS Pacific reported earnings of ($0.85) per share during the same quarter last year, which indicates a positive year over year growth rate of 34.1%. The company is scheduled to issue its next quarterly earnings report after the market closes on Thursday, May 9th.
According to Zacks, analysts expect that JAKKS Pacific will report full-year earnings of ($0.28) per share for the current financial year, with EPS estimates ranging from ($0.47) to ($0.09). For the next year, analysts expect that the firm will report earnings of ($0.22) per share, with EPS estimates ranging from ($0.41) to ($0.02). Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that cover JAKKS Pacific.
JAKKS Pacific (NASDAQ:JAKK) last announced its quarterly earnings results on Tuesday, February 26th. The company reported ($0.37) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.49) by $0.12. The company had revenue of $132.33 million for the quarter, compared to the consensus estimate of $120.80 million. JAKKS Pacific had a negative net margin of 7.46% and a negative return on equity of 57.60%.
Several institutional investors have recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in shares of JAKKS Pacific in the 1st quarter worth about $37,000. Citigroup Inc. increased its holdings in shares of JAKKS Pacific by 81.2% in the 4th quarter. Citigroup Inc. now owns 146,282 shares of the company’s stock worth $215,000 after buying an additional 65,543 shares during the last quarter. Vanguard Group Inc increased its holdings in shares of JAKKS Pacific by 10.9% in the 3rd quarter. Vanguard Group Inc now owns 989,352 shares of the company’s stock worth $2,523,000 after buying an additional 97,196 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of JAKKS Pacific by 10.9% in the 3rd quarter. Vanguard Group Inc. now owns 989,352 shares of the company’s stock worth $2,523,000 after buying an additional 97,196 shares during the last quarter. Hedge funds and other institutional investors own 38.25% of the company’s stock.
NASDAQ JAKK traded down $0.01 on Thursday, reaching $1.03. The company had a trading volume of 22,513 shares, compared to its average volume of 76,346. The company has a debt-to-equity ratio of 2.71, a quick ratio of 1.36 and a current ratio of 1.74. The company has a market cap of $27.51 million, a P/E ratio of -0.82 and a beta of 1.26. JAKKS Pacific has a 12 month low of $0.99 and a 12 month high of $3.33.
About JAKKS Pacific
JAKKS Pacific, Inc develops, produces, and markets consumer products worldwide. The company operates in three segments: U.S. and Canada, International, and Halloween. It 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 toys; private label products; and foot-to-floor ride-on toys, inflatable environments, tents, and wagons.
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