News coverage about JAKKS Pacific (NASDAQ:JAKK) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. JAKKS Pacific earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.1838624300549 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
JAKKS Pacific (NASDAQ:JAKK) traded down 1.45% on Wednesday, reaching $3.40. The company’s stock had a trading volume of 218,639 shares. The stock’s market cap is $77.42 million. JAKKS Pacific has a 12-month low of $2.67 and a 12-month high of $7.45. The company’s 50 day moving average price is $3.13 and its 200-day moving average price is $3.84.
JAKKS Pacific (NASDAQ:JAKK) last posted its earnings results on Tuesday, July 25th. The company reported ($0.66) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.45). The business had revenue of $119.57 million during the quarter, compared to the consensus estimate of $134.02 million. JAKKS Pacific had a negative return on equity of 7.07% and a negative net margin of 1.76%. The firm’s revenue for the quarter was down 15.2% on a year-over-year basis. During the same period in the previous year, the business posted ($0.27) EPS. On average, equities analysts expect that JAKKS Pacific will post $0.09 EPS for the current year.
Several brokerages recently issued reports on JAKK. Zacks Investment Research upgraded JAKKS Pacific from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 8th. Jefferies Group LLC reiterated a “hold” rating and set a $3.50 price target (down previously from $4.50) on shares of JAKKS Pacific in a report on Saturday, September 30th. BMO Capital Markets reiterated a “hold” rating and set a $6.00 price target on shares of JAKKS Pacific in a report on Thursday, July 13th. DA Davidson downgraded JAKKS Pacific from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $3.75 to $2.25 in a report on Thursday, September 21st. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $5.50 price target on shares of JAKKS Pacific in a report on Monday, July 10th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $4.29.
In other JAKKS Pacific news, CEO Stephen G. Berman bought 10,000 shares of JAKKS Pacific stock in a transaction on Monday, August 7th. The stock was acquired at an average price of $3.40 per share, with a total value of $34,000.00. The purchase was disclosed in a document filed with the SEC, which is available at this link. 5.20% of the stock is currently owned by company insiders.
About JAKKS Pacific
JAKKS Pacific, Inc is a multi-line, multi-brand toy company. The Company designs, produces, markets and distributes toys and related products, pet toys, consumables and related products, electronics and related products, kids indoor and outdoor furniture, and other consumer products. The Company operates through two business segments: traditional toys and electronics, and role play, novelty and seasonal toys.