DA Davidson Forecasts Hasbro’s FY2025 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Equities researchers at DA Davidson issued their FY2025 earnings estimates for Hasbro in a research report issued on Thursday, May 15th. DA Davidson analyst K. Cox expects that the company will earn $4.21 per share for the year. DA Davidson has a “Neutral” rating and a $75.00 price target on the stock. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share. DA Davidson also issued estimates for Hasbro’s FY2026 earnings at $4.75 EPS.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings results on Thursday, April 24th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.67 by $0.37. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The firm had revenue of $887.10 million during the quarter, compared to analyst estimates of $770.60 million. During the same quarter in the prior year, the business posted $0.61 earnings per share. Hasbro’s revenue for the quarter was up 17.1% compared to the same quarter last year.

Several other equities research analysts also recently issued reports on HAS. Roth Mkm boosted their price objective 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. Citigroup upgraded shares of Hasbro from a “neutral” rating to a “buy” rating and set a $72.00 price objective for the company in a research note on Friday, April 25th. Morgan Stanley reiterated an “overweight” rating and set a $84.00 price objective (down from $88.00) on shares of Hasbro in a research note on Friday, February 21st. StockNews.com downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a research note on Tuesday, April 15th. Finally, Monness Crespi & Hardt upgraded shares of Hasbro to a “strong-buy” rating in a research note on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.89.

Hasbro Price Performance

HAS opened at $68.18 on Monday. 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 52-week low of $49.00 and a 52-week high of $73.46. The company has a 50 day moving average of $58.87 and a two-hundred day moving average of $60.33. The company has a market cap of $9.55 billion, a P/E ratio of 24.79, a P/E/G ratio of 0.60 and a beta of 0.54.

Hasbro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $2.80 annualized dividend and a dividend yield of 4.11%. Hasbro’s dividend payout ratio (DPR) is presently 92.41%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HAS. Parvin Asset Management LLC purchased a new position in shares of Hasbro in the fourth quarter valued at $25,000. Allworth Financial LP boosted its stake in Hasbro by 120.1% during the 4th quarter. Allworth Financial LP now owns 482 shares of the company’s stock valued at $28,000 after acquiring an additional 263 shares during the last quarter. Sentry Investment Management LLC bought a new position in Hasbro during the 1st quarter valued at $28,000. SBI Securities Co. Ltd. boosted its stake in Hasbro by 130.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 476 shares of the company’s stock valued at $29,000 after acquiring an additional 269 shares during the last quarter. Finally, Itau Unibanco Holding S.A. boosted its stake in Hasbro by 32.1% during the 4th quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company’s stock valued at $41,000 after acquiring an additional 178 shares during the last quarter. 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.