Hasbro (HAS) to Release Earnings on Thursday

Hasbro (NASDAQ:HAS) is expected to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $1.02 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Hasbro Stock Down 0.6 %

NASDAQ:HAS opened at $59.72 on Thursday. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.29 and a current ratio of 1.47. The company has a market cap of $8.33 billion, a PE ratio of -12.87, a PEG ratio of 0.51 and a beta of 0.64. Hasbro has a 52-week low of $46.09 and a 52-week high of $73.46. The stock has a 50-day simple moving average of $58.83 and a 200 day simple moving average of $64.29.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Morgan Stanley increased their price target on Hasbro from $80.00 to $92.00 and gave the company an “overweight” rating in a research report on Friday, October 25th. Stifel Nicolaus reduced their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research report on Friday, January 3rd. DA Davidson increased their price target on Hasbro from $59.00 to $73.00 and gave the company a “neutral” rating in a research report on Friday, October 25th. Finally, JPMorgan Chase & Co. increased their price target on Hasbro from $76.00 to $82.00 and gave the company an “overweight” rating in a research report on Monday, October 21st. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $80.11.

Insider Activity

In other news, EVP Matthew Edward Austin sold 1,718 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $65.06, for a total transaction of $111,773.08. Following the transaction, the executive vice president now owns 36,828 shares in the company, valued at approximately $2,396,029.68. This trade represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.82% of the company’s stock.

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.