JAKKS Pacific, Inc. (NASDAQ:JAKK) traded at $0.84 at last check on Tuesday, Jun 30, making an upward move of 0.48% on its previous day’s price.
Looking at the stock we see that its previous close was $0.84 and the beta (5Y monthly) reads 3.15 with the day’s price range being $0.8310 – 0.9200. In terms of its 52-week price range, JAKK has a high of $1.46 and a low of $0.3. The company’s stock has gained about 40% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $79.5 Million, with a low of $70.2 Million and a high of $96.9 Million. The median projection represents growth adding up to -16.5% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $542.77 Million, or -9.3% down from figures reported last year.
On the other hand, looking at the outlook for the JAKK stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Buy.
Let’s briefly compare JAKKS (JAKK) stock to its peers. We find that today’s price change of +0.48% and +20% over the past 12 months for JAKK competes that of Activision Blizzard (ATVI), which has seen its stock price rise 0.56% in the latest trading session and is +59.96% over the last one year. Another of its peers Electronic Arts Inc (EA) has climbed 0.45% today, and is +29.06% up over the past year, while Take-Two Interacti (TTWO) is also up 0.48% yet its price remains in the green at 20% over the same period. Activision has a P/E ratio of 37.36 compared to JAKKs’ 0 and Electronic’s 12.76. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.04% and 0.46%, respectively, in early deals.
Coming back to JAKKS Pacific, Inc. (NASDAQ:JAKK), we note that the average 3-month trading volume was 2.21 Million, while that of the preceding 10-day period stands at 14.24 Million. Current shares outstanding are 35.55 Million.
According to data from Thomson Reuters, insiders hold 40.71% of the company’s shares while institutions hold 38.58%. The data shows that short shares as of June 14, 2020, stood at 2.21 Million at a short ratio of 1.34. This represents a 6.22% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 2.22 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -18.45% down in year-to-date price movement.