Hasbro, Inc. (NASDAQ:HAS – Free Report) – Roth Capital lowered their FY2025 earnings estimates for Hasbro in a note issued to investors on Tuesday, April 15th. Roth Capital analyst E. Handler now forecasts that the company will earn $4.00 per share for the year, down from their prior estimate of $4.08. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share.
HAS has been the subject of several other reports. Roth Mkm increased their price objective on shares of Hasbro from $68.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, February 21st. DA Davidson raised shares of Hasbro to a “hold” rating in a report on Monday. Morgan Stanley reissued an “overweight” rating and set a $84.00 price objective (down from $88.00) on shares of Hasbro in a report on Friday, February 21st. StockNews.com lowered Hasbro from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Stifel Nicolaus dropped their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research note on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.22.
Hasbro Price Performance
Shares of HAS opened at $51.88 on Wednesday. The company has a 50 day moving average of $60.16 and a two-hundred day moving average of $62.00. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85. Hasbro has a twelve month low of $49.00 and a twelve month high of $73.46. The company has a market cap of $7.26 billion, a price-to-earnings ratio of 18.87, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51.
Hasbro (NASDAQ:HAS – Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.10. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Hasbro had a net margin of 9.32% and a return on equity of 47.93%.
Institutional Trading of Hasbro
Large investors have recently modified their holdings of the stock. American Trust acquired a new position in shares of Hasbro during the third quarter worth $634,000. Jones Financial Companies Lllp boosted its position in shares of Hasbro by 32.4% during the 4th quarter. Jones Financial Companies Lllp now owns 9,911 shares of the company’s stock worth $554,000 after acquiring an additional 2,426 shares in the last quarter. Capital Wealth Management LLC acquired a new position in shares of Hasbro during the 4th quarter worth about $496,000. Polymer Capital Management US LLC acquired a new stake in shares of Hasbro during the 4th quarter worth about $502,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Hasbro during the fourth quarter worth approximately $540,000. Hedge funds and other institutional investors own 91.83% of the company’s stock.
Hasbro Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.70 per share. The ex-dividend date was Monday, March 3rd. This represents a $2.80 dividend on an annualized basis and a yield of 5.40%. Hasbro’s dividend payout ratio (DPR) is presently 101.82%.
Hasbro Company Profile
Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.
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