Zacks Research Reduces Earnings Estimates for JAKKS Pacific

JAKKS Pacific, Inc. (NASDAQ:JAKK) – Zacks Research cut their Q3 2027 EPS estimates for shares of JAKKS Pacific in a research report issued on Wednesday, September 23rd. Zacks Research analyst Team now forecasts that the company will post earnings per share of $2.19 for the quarter, down from their previous estimate of $2.20. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for JAKKS Pacific’s current full-year earnings is $1.38 per share. Zacks Research also issued estimates for JAKKS Pacific’s FY2028 earnings at $2.82 EPS.

A number of other research analysts have also recently commented on the company. Wall Street Zen raised JAKKS Pacific from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 23rd. Weiss Ratings restated a “hold (c)” rating on shares of JAKKS Pacific in a report on Friday, September 11th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

JAKKS Pacific Price Performance

Shares of NASDAQ JAKK opened at $24.42 on Thursday. JAKKS Pacific has a 1 year low of $14.86 and a 1 year high of $27.22. The firm has a 50-day simple moving average of $25.05 and a two-hundred day simple moving average of $22.92. The company has a market cap of $279.36 million, a P/E ratio of 17.57 and a beta of 1.39.

JAKKS Pacific (NASDAQ:JAKK) last issued its quarterly earnings results on Thursday, July 23rd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.31. JAKKS Pacific had a net margin of 2.77% and a return on equity of 4.33%. The company had revenue of $139.24 million for the quarter, compared to the consensus estimate of $123.01 million.

JAKKS Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, August 28th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, August 28th. JAKKS Pacific’s dividend payout ratio (DPR) is currently 71.94%.

Institutional Investors Weigh In On JAKKS Pacific

Several large investors have recently added to or reduced their stakes in JAKK. Bank of New York Mellon Corp purchased a new position in shares of JAKKS Pacific during the second quarter worth approximately $988,000. Gabelli Funds LLC boosted its holdings in shares of JAKKS Pacific by 46.1% in the first quarter. Gabelli Funds LLC now owns 188,492 shares of the company’s stock valued at $3,755,000 after purchasing an additional 59,473 shares during the period. Gamco Investors INC. ET AL boosted its holdings in shares of JAKKS Pacific by 79.0% in the first quarter. Gamco Investors INC. ET AL now owns 104,983 shares of the company’s stock valued at $2,091,000 after purchasing an additional 46,322 shares during the period. Donald Smith & CO. Inc. bought a new position in JAKKS Pacific in the second quarter worth approximately $4,784,000. Finally, Gate City Capital Management LLC grew its stake in JAKKS Pacific by 47.6% in the fourth quarter. Gate City Capital Management LLC now owns 782,717 shares of the company’s stock worth $13,212,000 after purchasing an additional 252,337 shares in the last quarter. 44.38% of the stock is owned by hedge funds and other institutional investors.

About JAKKS Pacific

JAKKS Pacific, Inc is a toy and consumer products company that designs, develops, produces and markets toys and related products for children and families. Its portfolio includes action figures, dolls, role-play products, vehicles, games, electronics, outdoor products and seasonal merchandise.

The company develops products under its own brands and through licenses based on entertainment, character and video game properties. Its portfolio has included brands such as Maui, Airwalk and Disguise, along with licensed products associated with properties from companies including Disney and Nintendo.