Jakks Pacific (JAKK) Earning Somewhat Favorable Press Coverage, Accern Reports

Media headlines about Jakks Pacific (NASDAQ:JAKK) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Jakks Pacific earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.391612154275 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Jakks Pacific stock traded down $0.10 during midday trading on Tuesday, reaching $2.20. The stock had a trading volume of 16,421 shares, compared to its average volume of 160,618. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.08 and a quick ratio of 1.65. The firm has a market capitalization of $65.61, a P/E ratio of -2.16 and a beta of 0.86. Jakks Pacific has a 52-week low of $1.95 and a 52-week high of $5.15.

Jakks Pacific (NASDAQ:JAKK) last issued its earnings results on Thursday, February 22nd. The company reported ($0.61) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.50). The company had revenue of $136.63 million during the quarter, compared to the consensus estimate of $155.74 million. Jakks Pacific had a negative return on equity of 22.00% and a negative net margin of 13.55%. Jakks Pacific’s revenue was down 18.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.47) earnings per share. research analysts anticipate that Jakks Pacific will post -0.1 earnings per share for the current fiscal year.

A number of analysts recently weighed in on the stock. BMO Capital Markets reissued a “market perform” rating and issued a $2.50 price objective (down from $3.50) on shares of Jakks Pacific in a research report on Friday, February 23rd. Zacks Investment Research raised shares of Jakks Pacific from a “sell” rating to a “hold” rating in a research report on Monday, March 12th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Jakks Pacific presently has a consensus rating of “Hold” and an average target price of $2.89.

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Jakks Pacific Company Profile

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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