Alert: New Earnings Report (2/29/24)-JAKKS Pacific Inc (NASDAQ: JAKK).

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JAKKS Pacific Inc (NASDAQ: JAKK) has reported a loss for its fourth fiscal quarter (ending December 31) of $-1.12 versus $3.86 for the same period a year ago — a decline of -129%. Relative to the consensus estimate of $-1.14, this was a premium of $0.02. For the latest four quarters through December 31, E.P.S. were $3.70 compared to $9.33 a year ago — a decline of -60%.

Recent Price Action

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JAKKS Pacific Inc (NASDAQ: JAKK) stock closed at $35.11 on 2/29/24 after a slight decline of -0.5%. Moreover, trading volume in this decline was above average at 123% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.5% during the last week.

Current PriceTarget Research Rating

JAKK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

JAKKS Pacific has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. JAKKS Pacific has a slightly positive Appreciation Score of 62 and a very high Power Rating of 96, leading to the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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