Hasbro Given Consensus Recommendation of “Hold” by Analysts (NYSE:HAS)
Shares of Hasbro (NYSE:HAS) have received an average recommendation of “Hold” from the ten analysts that are presently covering the stock, American Banking and Market News reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $56.22.
HAS has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Hasbro in a research note on Thursday. They now have a $64.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Hasbro in a research note on Tuesday. They now have a $58.00 price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Hasbro in a research note on Tuesday. They now have a $58.00 price target on the stock.
Shares of Hasbro (NYSE:HAS) opened at 54.95 on Friday. Hasbro has a 1-year low of $43.46 and a 1-year high of $56.91. The stock has a 50-day moving average of $54.83 and a 200-day moving average of $52.6. The company has a market cap of $7.195 billion and a price-to-earnings ratio of 25.32.
Hasbro (NYSE:HAS) last posted its quarterly earnings results on Monday, April 21st. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.04. The company had revenue of $679.45 million for the quarter, compared to the consensus estimate of $686.91 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. The company’s quarterly revenue was up 2.4% on a year-over-year basis. Analysts expect that Hasbro will post $3.23 EPS for the current fiscal year.
Hasbro, Inc, engaged in providing children’s and family leisure time products with a range of portfolio of brands and entertainment properties.
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