A Technical View of the JAKKS Pacific Inc. (JAKK)

JAKKS Pacific Inc. (NASDAQ:JAKK) saw an upside of 13.18% to $13.40 after adding $1.56 on Wednesday. The 5-day average trading volume is 189,778 shares of the company’s common stock. It has gained $13.73 in the past week. An average of 148,025 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 160,444.

JAKK’s 1-month performance is -8.92% or $0.15 on its low of $10.71 reached on 10/06/21. The company’s shares have touched a 52-week low of $3.93 and high of $15.54, with the stock’s rally to the 52-week high happening on 08/05/21. YTD, JAKK has achieved 137.75% or $8.17. However, the current price is down -13.77%% from the 52-week high price.


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Valuation Metrics

JAKKS Pacific Inc. (JAKK) has a trailing price-to-earnings (P/E) ratio of 21.70 for the broader industry and 31.00 for the sector.JAKK stock has a beta of 2.82. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.20 while the price to cash flow ratio at 3.86.

JAKKS Pacific Inc.’s quick ratio for the period ended June 29 was 0.90, with the current ratio over the same period at 1.20 meaning that JAKK stock is not able to fulfill its debt obligations. In terms of profitability, the gross margin trailing 12 months is 30.80%. The trailing 12-month EBITDA margin is 5.04% while for the period ending June 29; JAKKS Pacific Inc.’s operating margin was 5.40%. The firm’s gross profit as reported stood at $149.76 million against revenue of $515.87 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 40.76% to $112.35 million, while revenue of $83.84 million was 25.38% off the previous quarter. Analysts expected JAKK to announce -$1.49 per share in earnings in its latest quarter, but it posted -$0.38, representing a 74.50% surprise. EBITDA for the quarter stood at more than $5.59 million. JAKK stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 318.77 million, with total debt at $152.09 million. Shareholders hold equity totaling $9.88 million

Technical Picture

Let’s look briefly at JAKKS Pacific Inc. (JAKK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 64.49% to suggest the stock is trending Neutral, with historical volatility in this time period at 72.15%.

The stock’s 5-day moving average is $12.07, reflecting a +18.73% or $2.07 change from its current price. JAKK is currently trading +5.07% above its 20-day SMA, +42.83% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -9.21% and +158.96% respectively.

Stochastic %K and %D was 52.34% and 42.80% and the average true range (ATR) pointed at 0.85. The RSI (14) points at 58.01%, while the 14-day stochastic is at 80.95% with the period’s ATR at 0.84. The stock’s 9-day MACD Oscillator is pointing at 0.46 and 0.20 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for JAKKS Pacific Inc. (NASDAQ: JAKK), Stifel reiterated its a Hold rating for the company but lifted their price target by $4.50 to $3.30. Analysts offering their rating for JAKK stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate JAKK as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.

What is JAKK’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $11.00 and a high of $17.00, with their median price target at $13.00. Looking at these predictions, the average price target given by analysts is for JAKKS Pacific Inc. (JAKK) stock is $13.67.

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