Alert: Mixed Investment/Fundamental Signals (11/6/23)-JAKKS Pacific Inc (NASDAQ: JAKK)


JAKKS Pacific Inc (NASDAQ: JAKK) has benefited from extremely meaningful positive changes in investment behavior: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.

Positive development: significant quarterly earnings acceleration occurred. Negative development: significant quarterly sales deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. JAKKS Pacific has a neutral Power Rating of 59 but a good Appreciation Score of 71, resulting in the Positive Value Trend Rating.

Recent Price Action

On 11/6/23, JAKKS Pacific Inc (NASDAQ: JAKK) stock enjoyed a very large increase of 8.3%, closing at $26.50. Relative to the market the stock has been strong over the last nine months and has risen 64.4% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.