Hasbro (HAS) Scheduled to Post Quarterly Earnings on Monday
Hasbro (NYSE:HAS) is set to issue its Q313 quarterly earnings data on Monday, October 21st. Analysts expect the company to announce earnings of $1.29 per share and revenue of $1.34 billion for the quarter.
Hasbro (NYSE:HAS) last posted its quarterly earnings results on Monday, July 22nd. The company reported $0.29 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.35 by $0.06. The company had revenue of $766.30 million for the quarter, compared to the consensus estimate of $793.00 million. During the same quarter last year, the company posted $0.33 earnings per share. Hasbro’s revenue was down 5.6% compared to the same quarter last year. On average, analysts expect Hasbro to post $2.87 EPS for the current fiscal year and $3.21 EPS for the next fiscal year.
Shares of Hasbro (NYSE:HAS) opened at 46.83 on Friday. Hasbro has a 1-year low of $34.91 and a 1-year high of $49.75. The stock has a 50-day moving average of $47.1 and a 200-day moving average of $46.15. The company has a market cap of $6.075 billion and a P/E ratio of 18.64.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Hasbro in a research note to investors on Monday, October 7th. They now have a $43.00 price target on the stock, down previously from $44.00. On a related note, analysts at Citigroup Inc. upgraded shares of Hasbro from a “sell” rating to a “buy” rating in a research note to investors on Monday, August 26th. They now have a $53.00 price target on the stock. Finally, analysts at Thomson Reuters/Verus downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a research note to investors on Monday, August 19th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. Hasbro presently has a consensus rating of “Hold” and an average price target of $47.71.
Hasbro, Inc, engaged in providing children’s and family leisure time products with a range of portfolio of brands and entertainment properties.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.