Jakks Pacific Inc [NASDAQ: JAKK] price surged by 1.41 percent to reach at $0.29.
A sum of 120346 shares traded at recent session while its average daily volume was at 149.45K shares. Jakks Pacific Inc shares reached a high of $21.34 and dropped to a low of $20.3 until finishing in the latest session at $20.89.
The one-year JAKK stock forecast points to a potential upside of 42.77. The average equity rating for JAKK stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Jakks Pacific Inc [JAKK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JAKK shares is $36.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JAKK stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
B. Riley Securities have made an estimate for Jakks Pacific Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 17, 2024. While these analysts kept the previous recommendation, Maxim Group raised their target price to Buy. The new note on the price target was released on August 26, 2024, representing the official price target for Jakks Pacific Inc stock. Previously, the target price had yet another raise from $20 to $23, while Jefferies kept a Buy rating on JAKK stock. On May 03, 2022, analysts increased their price target for JAKK shares from 15 to 21.
The Average True Range (ATR) for Jakks Pacific Inc is set at 1.11, with the Price to Sales ratio for JAKK stock in the period of the last 12 months amounting to 0.33. The Price to Book ratio for the last quarter was 0.99, with the Price to Cash per share for the same quarter was set at 5.33. Price to Free Cash Flow for JAKK in the course of the last twelve months was 5.97 with Quick ratio for the last quarter at 1.47.
JAKK Stock Performance Analysis:
Jakks Pacific Inc [JAKK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.18. With this latest performance, JAKK shares dropped by -1.92% in over the last four-week period, additionally sinking by -21.94% over the last 6 months – not to mention a rise of 15.35% in the past year of trading.
Insight into Jakks Pacific Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Jakks Pacific Inc [JAKK] shares currently have an operating margin of 8.02% and a Gross Margin at 32.28%. Jakks Pacific Inc’s Net Margin is presently recorded at 6.45%.
Return on Equity for this stock inclined to 12.61%, with Return on Assets sitting at 12.61%.
Jakks Pacific Inc [JAKK] Institutonal Ownership Details
There are presently around $55.90%, or 75.28%% of JAKK stock, in the hands of institutional investors. The top three institutional holders of JAKK stocks are: BLACKROCK INC. with ownership of 0.54 million shares, which is approximately 4.9953%. FRANKLIN RESOURCES INC, holding 0.45 million shares of the stock with an approximate value of $$8.01 million in JAKK stocks shares; and FRANKLIN RESOURCES INC, currently with $$7.96 million in JAKK stock with ownership which is approximately 4.1152%.
