On 3/1/24, JAKKS Pacific Inc (NASDAQ: JAKK) stock suffered a major decline of -27.0%, closing at $25.63. Moreover, this decline was accompanied by exceptionally high trading volume at 649% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -24.6% 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). The Value Trend Rating reflects consistent signals from PTR's two proprietary measures of a stock's attractiveness. JAKKS Pacific has a good Appreciation Score of 71 and a very high Power Rating of 95, triggering the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.