Stock Rating Downgrade
The Value Trend Rating for JAKKS Pacific Inc (NASDAQ: JAKK) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
JAKKS Pacific Inc (NASDAQ: JAKK) stock closed at $20.73 on 7/29/24 after a modest decline of -1.5%. However, unusually low trading volume at 52% of normal accompanied the decline. The stock has risen 10.7% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, JAKK is expected to continue to be an important Value Builder.
JAKKS Pacific has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. JAKKS Pacific has a good Appreciation Score of 82 but a very low Power Rating of 0, resulting in the Negative Value Trend Rating.
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