2 weeks Ago By ABMN Staff
Shares of Hasbro, Inc. ( NASDAQ:HAS – Get Free Report ) have been assigned an average rating of “Moderate Buy” from the nine analysts that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating on the company.
The average 1-year target price among brokerages that have covered the stock in the last year is $80.67. Several research firms recently issued reports on HAS.
Morgan Stanley increased their target price on Hasbro from $80.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th.
DA Davidson increased their price target on shares of Hasbro from $59.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, October 25th.
Bank of America lifted their price objective on shares of Hasbro from $90.00 to $95.00 and gave the company a “buy” rating in a report on Tuesday, October 15th.
Stifel Nicolaus increased their target price on shares of Hasbro from $78.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th.
Finally, Jefferies Financial Group boosted their price target on shares of Hasbro from $75.00 to $83.00 and gave the stock a “buy” rating in a research note on Tuesday, October 1st.
Get Our Latest Stock Analysis on HAS Hasbro Price Performance Hasbro ( NASDAQ:HAS – Get Free Report ) last announced its earnings results on Thursday, October 24th. The company reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.
28 by $0.45. Hasbro had a positive return on equity of 47.
91% and a negative net margin of 14.83%. The company had revenue of $1.
28 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the company earned $1.
64 earnings per share. The firm’s quarterly revenue was down 14.8% compared to the same quarter last year.
As a group, equities research analysts expect that Hasbro will post 3.93 earnings per share for the current year. Hasbro Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th.
Stockholders of record on Wednesday, November 20th will be given a dividend of $0.70 per share. This represents a $2.
80 annualized dividend and a dividend yield of 4.42%. The ex-dividend date is Wednesday, November 20th.
Hasbro’s dividend payout ratio (DPR) is presently -60.34%. Institutional Trading of Hasbro Institutional investors have recently modified their holdings of the stock.
Daiwa Securities Group Inc. grew its position in shares of Hasbro by 266.1% in the 3rd quarter.
Daiwa Securities Group Inc. now owns 19,264 shares of the company’s stock valued at $1,393,000 after buying an additional 14,002 shares during the last quarter. Larson Financial Group LLC boosted its stake in Hasbro by 33.
9% in the third quarter. Larson Financial Group LLC now owns 3,159 shares of the company’s stock valued at $228,000 after acquiring an additional 799 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Hasbro by 15.
5% during the third quarter. Cerity Partners LLC now owns 185,489 shares of the company’s stock worth $13,415,000 after purchasing an additional 24,888 shares during the last quarter. Citigroup Inc.
increased its position in shares of Hasbro by 18.3% during the third quarter. Citigroup Inc.
now owns 144,443 shares of the company’s stock worth $10,446,000 after purchasing an additional 22,354 shares in the last quarter. Finally, Raymond James Trust N.A.
lifted its holdings in shares of Hasbro by 7.4% in the 3rd quarter. Raymond James Trust N.
A. now owns 15,373 shares of the company’s stock valued at $1,112,000 after purchasing an additional 1,053 shares during the last quarter. Hedge funds and other institutional investors own 91.
83% of the company’s stock. Hasbro Company Profile ( Get Free Report 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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