Jakks Pacific Inc (NASDAQ: JAKK) is 21.03% higher on its value in year-to-date trading and has touched a low of $17.06 and a high of $36.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The JAKK stock was last observed hovering at around $34.03 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $34.07, the stock is 10.92% and 18.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 0.12% at the moment leaves the stock 41.05% off its SMA200. JAKK registered 3.24% gain for a year compared to 6-month gain of 62.16%. The firm has a 50-day simple moving average (SMA 50) of $28.8202 and a 200-day simple moving average (SMA200) of $24.1548.
The stock witnessed a 23.35% loss in the last 1 month and extending the period to 3 months gives it a 15.57%, and is 2.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.88% over the week and 3.12% over the month.
Jakks Pacific Inc (JAKK) has around 659 employees, a market worth around $374.43M and $687.70M in sales. Current P/E ratio is 12.46 and Fwd P/E is 8.23. Profit margin for the company is 4.81%. Distance from 52-week low is 99.66% and -6.27% from its 52-week high. The company has generated returns on investments over the last 12 months (12.54%).
with sales reaching $131.07M over the same period.The EPS is expected to shrink by -17.10% this year, but quarterly earnings will post -2.84% year-over-year. Quarterly sales are estimated to grow 2.88% in year-over-year returns.
Jakks Pacific Inc (JAKK) Top Institutional Holders
161.0 institutions hold shares in Jakks Pacific Inc (JAKK), with institutional investors hold 75.08% of the company’s shares. The shares outstanding are 10.99M, and float is at 8.13M with Short Float at 2.40%. Institutions hold 55.58% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 0.54 million shares valued at $9.66 million. The investor’s holdings represent 5.211% of the JAKK Shares outstanding. As of 2024-06-30, the second largest holder is FRANKLIN RESOURCES INC with 0.45 million shares valued at $$8.01 million to account for 4.3202 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 0.44 million shares representing 4.2929% and valued at over $7.96 million, while VANGUARD GROUP INC holds 3.6528 of the shares totaling 0.38 million with a market value of $6.77 million.
Jakks Pacific Inc (JAKK) Insider Activity
The most recent transaction is an insider sale by Kimble John Louis,the company’sChief Financial Officer. SEC filings show that Kimble John Louis sold 48,253 shares of the company’s common stock on Nov 21 ’24 at a price of $27.62 per share for a total of $1.33 million. Following the sale, the insider now owns 95544.0 shares.
Still, SEC filings show that on Jun 21 ’24, Rosen Lawrence I (10% Owner) acquired 10,088 shares at an average price of $17.58 for $0.18 million. The insider now directly holds 1,885,672 shares of Jakks Pacific Inc (JAKK).
