The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
After finishing at $34.82 in the prior trading day, Jakks Pacific Inc (NASDAQ: JAKK) closed at $30.00, down -13.83%. In other words, the price has decreased by -$13.83 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
Our goal is to gain a better understanding of JAKK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on September 17, 2024, initiated with a Buy rating and assigned the stock a target price of $37.
On August 26, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $46.
Jefferies Upgraded its Hold to Buy on January 12, 2023, whereas the target price for the stock was revised from $20 to $23.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’24 when Kimble John Louis sold 48,253 shares for $27.62 per share. The transaction valued at 1,332,748 led to the insider holds 95,544 shares of the business.
Kimble John Louis bought 48,253 shares of JAKK for $1,377,141 on Nov 21 ’24. On Jun 21 ’24, another insider, Rosen Lawrence I, who serves as the 10% Owner of the company, bought 10,088 shares for $17.58 each. As a result, the insider paid 177,319 and bolstered with 1,885,672 shares of the company.
Valuation Measures:
As of this moment, Jakks’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.92, and their Forward P/E ratio for the next fiscal year is 7.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.32.
Stock Price History:
Over the past 52 weeks, JAKK has reached a high of $36.35, while it has fallen to a 52-week low of $17.06. The 50-Day Moving Average of the stock is 2.69%, while the 200-Day Moving Average is calculated to be 22.73%.
Shares Statistics:
A total of 10.99M shares are outstanding, with a floating share count of 8.14M. Insiders hold about 25.98% of the company’s shares, while institutions hold 53.27% stake in the company.
