2 weeks Ago By Defense World Staff
Hasbro, Inc. ( NASDAQ:HAS – Get Free Report ) has earned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company.
The average 12 month price target among brokers that have issued a report on the stock in the last year is $80.67. Several analysts recently commented on HAS shares.
Morgan Stanley raised their target price on Hasbro from $80.00 to $92.00 and gave the stock an “overweight” rating in a report on Friday, October 25th.
Jefferies Financial Group raised their price objective 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.
JPMorgan Chase & Co. boosted their target price on shares of Hasbro from $76.00 to $82.
00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Stifel Nicolaus raised their price target on shares of Hasbro from $78.00 to $82.
00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Finally, DA Davidson upped their price objective 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. Check Out Our Latest Report on Hasbro Hasbro Stock Down 1.1 % Hasbro ( NASDAQ:HAS – Get Free Report ) last posted its quarterly earnings results on Thursday, October 24th.
The company reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.
45. Hasbro had a negative net margin of 14.83% and a positive return on equity of 47.
91%. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.
30 billion. During the same quarter last year, the company posted $1.64 earnings per share.
The business’s quarterly revenue was down 14.8% on a year-over-year basis. On average, research analysts expect that Hasbro will post 3.
93 earnings per share for the current fiscal year. Hasbro Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Wednesday, November 20th will be issued a $0.
70 dividend. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $2.
80 dividend on an annualized basis and a yield of 4.42%. Hasbro’s payout ratio is -60.
34%. Institutional Trading of Hasbro Large investors have recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc.
raised its stake in Hasbro by 266.1% during the third quarter. Daiwa Securities Group Inc.
now owns 19,264 shares of the company’s stock worth $1,393,000 after purchasing an additional 14,002 shares during the period. Larson Financial Group LLC increased its holdings in shares of Hasbro by 33.9% during the 3rd quarter.
Larson Financial Group LLC now owns 3,159 shares of the company’s stock worth $228,000 after buying an additional 799 shares during the last quarter. Cerity Partners LLC raised its position in shares of Hasbro by 15.5% during the 3rd quarter.
Cerity Partners LLC now owns 185,489 shares of the company’s stock valued at $13,415,000 after buying an additional 24,888 shares during the period. Citigroup Inc. lifted its holdings in Hasbro by 18.
3% in the third quarter. Citigroup Inc. now owns 144,443 shares of the company’s stock valued at $10,446,000 after acquiring an additional 22,354 shares during the last quarter.
Finally, Raymond James Trust N.A. grew its position in Hasbro by 7.
4% in the third quarter. Raymond James Trust N.A.
now owns 15,373 shares of the company’s stock worth $1,112,000 after acquiring an additional 1,053 shares during the period. 91.83% of the stock is currently owned by hedge funds and other institutional investors.
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. Featured Articles Five stocks we like better than Hasbro Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025 What is a Dividend King? Is Tesla’s Valuation a Bubble or Backed by Real Growth? What is the FTSE 100 index? Trucking Stocks Led the Pack Last Week: Can They Keep Rolling? Receive News & Ratings for Hasbro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hasbro and related companies with MarketBeat.
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