Roth Capital Weighs in on Hasbro’s Q1 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Stock analysts at Roth Capital reduced their Q1 2025 earnings per share estimates for shares of Hasbro in a report issued on Tuesday, April 15th. Roth Capital analyst E. Handler now anticipates that the company will post earnings of $0.70 per share for the quarter, down from their previous estimate of $0.78. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.10. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Hasbro had a return on equity of 47.93% and a net margin of 9.32%.

HAS has been the subject of several other reports. Stifel Nicolaus reduced their price objective on Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research note on Friday, January 3rd. Morgan Stanley restated an “overweight” rating and set a $84.00 price target (down previously from $88.00) on shares of Hasbro in a research note on Friday, February 21st. StockNews.com cut shares of Hasbro from a “buy” rating to a “hold” rating in a research note on Tuesday. Roth Mkm raised their target price on shares of Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Finally, DA Davidson raised shares of Hasbro to a “hold” rating in a report on Monday. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $80.22.

Hasbro Trading Up 1.5 %

Shares of Hasbro stock opened at $52.65 on Thursday. The company’s fifty day moving average is $60.02 and its two-hundred day moving average is $61.86. Hasbro has a 1 year low of $49.00 and a 1 year high of $73.46. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60. The company has a market capitalization of $7.37 billion, a P/E ratio of 19.15, a PEG ratio of 0.60 and a beta of 0.51.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Monday, March 3rd were given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date was Monday, March 3rd. Hasbro’s dividend payout ratio is currently 101.82%.

Institutional Investors Weigh In On Hasbro

Several institutional investors and hedge funds have recently made changes to their positions in the business. Parvin Asset Management LLC acquired a new stake in Hasbro during the 4th quarter worth approximately $25,000. Allworth Financial LP boosted its position in Hasbro by 120.1% during the 4th quarter. Allworth Financial LP now owns 482 shares of the company’s stock worth $28,000 after purchasing an additional 263 shares during the period. Sentry Investment Management LLC acquired a new position in shares of Hasbro during the first quarter worth about $28,000. Itau Unibanco Holding S.A. boosted its position in shares of Hasbro by 32.1% in the fourth quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company’s stock worth $41,000 after buying an additional 178 shares during the period. Finally, Canada Post Corp Registered Pension Plan acquired a new stake in shares of Hasbro in the fourth quarter valued at about $43,000. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

About Hasbro

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.