The firm said it raised its rating on the toy and related products company based on its growth in sales momentum, operating leverage, and a strong financial position.
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Separately, TheStreet Ratings team rates JAKKS PACIFIC INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
"We rate JAKKS PACIFIC INC (JAKK) a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and generally high debt management risk."
Highlights from the analysis by TheStreet Ratings Team goes as follows: