A number of research firms have changed their ratings and price targets for Hasbro (NASDAQ: HAS):

  • 10/2/2017 – Hasbro had its “buy” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a $118.00 price target on the stock.
  • 9/28/2017 – Hasbro had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $125.00 price target on the stock.
  • 9/25/2017 – Hasbro was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hasbro’s earnings have topped the Zacks Consensus Estimate in all the past 10 quarters. Revenues too have been surpassing the consensus mark, except for the last quarter. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets should continue driving the top- and bottom–line performance. However, Hasbro’s shares have underperformed its industry year to date. Even so, this year’s rich content slate, new product launches, diverse initiatives to boost sales along with a favorable gaming portfolio should further drive growth ahead. Going forward, the Franchise and Partner Brands, particularly, are expected to perform consistently in 2017 given global digital content and innovative offerings. Yet, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may pressurize profits.”
  • 9/21/2017 – Hasbro was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $107.00 price target on the stock. According to Zacks, “Hasbro’s earnings have topped the Zacks Consensus Estimate in all the past 10 quarters. Revenues too have been surpassing the consensus mark, except for the last quarter. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets should continue driving the top- and bottom–line performance. However, Hasbro’s shares have underperformed its industry year to date. Even so, this year’s rich content slate, new product launches, diverse initiatives to boost sales along with a favorable gaming portfolio should further drive growth ahead. Going forward, the Franchise and Partner Brands, particularly, are expected to perform consistently in 2017 given global digital content and innovative offerings. Yet, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may pressurize profits.”
  • 9/19/2017 – Hasbro was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hasbro’s earnings have topped the Zacks Consensus Estimate in all the past 10 quarters. Revenues too have been surpassing the consensus mark, except for the last quarter. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets should continue driving the top- and bottom–line performance. However, Hasbro’s shares have underperformed its industry year to date. Even so, this year’s rich content slate, new product launches, diverse initiatives to boost sales along with a favorable gaming portfolio should further drive growth ahead. Going forward, the Franchise and Partner Brands, particularly, are expected to perform consistently in 2017 given global digital content and innovative offerings. Yet, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may pressurize profits.”
  • 9/14/2017 – Hasbro was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $107.00 price target on the stock. According to Zacks, “Hasbro‘s earnings have topped the Zacks Consensus Estimate in all the trailing 10 quarters. Revenues too have been surpassing the consensus mark, except for the last quarter. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets should continue driving the top- and bottom–line performance. Going forward, the Franchise and Partner Brands, particularly, are expected to perform consistently in 2017 given global digital content and innovative offerings. Yet, rising competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may dent profits. Even so, this year’s rich content slate, new product launches, various sales boosting initiatives along with a favorable gaming portfolio is likely to drive growth ahead. “
  • 9/12/2017 – Hasbro had its “hold” rating reaffirmed by analysts at Stifel Nicolaus.
  • 9/8/2017 – Hasbro was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hasbro‘s earnings have topped the Zacks Consensus Estimate in all the trailing 10 quarters. Revenues too have been surpassing the consensus mark, except for the last quarter. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets should continue driving the top- and bottom–line performance. However, Hasbro’s shares underperformed the industry year to date. Even so, this year’s rich content slate, new product launches, various sales boosting initiatives along with a favorable gaming portfolio is likely to drive growth ahead. Going forward, the Franchise and Partner Brands, particularly, are expected to perform consistently in 2017 given global digital content and innovative offerings. Yet, rising competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may dent profits.”
  • 9/6/2017 – Hasbro was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $110.00 price target on the stock. According to Zacks, “Hasbro’s earnings have topped the Zacks Consensus Estimate in all the past 10 quarters. Revenues too have been surpassing the consensus mark, except for the last quarter. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets should continue driving the top- and bottom–line performance. Going forward, this year’s rich content slate, new product launches, diverse initiatives to boost sales along with a favorable gaming portfolio is likely to further drive growth. The Franchise and Partner Brands, particularly, are also expected to perform consistently in 2017 given global digital content and innovative offerings. Yet, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may pressurize profits.”
  • 8/31/2017 – Hasbro had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $125.00 price target on the stock.
  • 8/30/2017 – Hasbro was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hasbro’s earnings have topped the Zacks Consensus Estimate in all the past 10 quarters. Revenues too have been surpassing the consensus mark, except for the last quarter. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets should continue driving the top- and bottom–line performance. However, Hasbro’s shares have underperformed its industry year to date. Even so, this year’s rich content slate, new product launches, diverse initiatives to boost sales along with a favorable gaming portfolio should further drive growth ahead. Going forward, the Franchise and Partner Brands, particularly, are expected to perform consistently in 2017 given global digital content and innovative offerings. Yet, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may pressurize profits.”
  • 8/30/2017 – Hasbro had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $112.00 price target on the stock.
  • 8/28/2017 – Hasbro was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $107.00 price target on the stock. According to Zacks, “Hasbro’s earnings have topped the Zacks Consensus Estimate in all the past 10 quarters. Revenues too have been surpassing the consensus mark, except for the last quarter. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets should continue driving the top- and bottom–line performance. However, Hasbro’s shares have underperformed its industry year to date. Even so, this year’s rich content slate, new product launches, diverse initiatives to boost sales along with a favorable gaming portfolio should further drive growth ahead. Going forward, the Franchise and Partner Brands, particularly, are expected to perform consistently in 2017 given global digital content and innovative offerings. Yet, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may pressurize profits.”
  • 8/23/2017 – Hasbro was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 8/23/2017 – Hasbro was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hasbro’s second-quarter 2017 adjusted earnings of 53 cents per share surpassed the Zacks Consensus Estimate by 15.2% and surged 29.3% year over year. Meanwhile, revenues of $972.5 million rose 11% year over year but slightly lagged the consensus mark. The company’s revenues projected improvement in three out of its four brand portfolio categories. Notably, consistent efforts to establish its presence worldwide via strategic partnerships and rapid expansion in emerging markets bode well. This year’s rich content slate, supreme gaming portfolio and diverse new initiatives should further drive growth. However, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may hurt profits. Hasbro’s shares have also underperformed the industry over the past year.”
  • 8/21/2017 – Hasbro was given a new $125.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 8/17/2017 – Hasbro was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $111.00 price target on the stock. According to Zacks, “Hasbro’s second-quarter 2017 adjusted earnings of $0.53 per share surpassed the Zacks Consensus Estimate by 15.2% and surged 29.3% year over year. Meanwhile, revenues of $972.5 million rose 11% year over year but slightly lagged the consensus mark. The company’s revenues projected improvement in three out of its four brand portfolio categories. However, Hasbro’s shares underperformed the industry over the past one year. Even so, recent upward estimate revisions for the current year raise optimism. Consistent efforts to establish its presence worldwide via strategic partnerships and rapid expansion in emerging markets also bode well. This year’s rich content slate, supreme gaming portfolio and diverse new initiatives should further drive growth. Yet, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may hurt profits.”
  • 8/16/2017 – Hasbro was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hasbro’s second-quarter 2017 adjusted earnings of $0.53 per share surpassed the Zacks Consensus Estimate by 15.2% and surged 29.3% year over year. Meanwhile, revenues of $972.5 million rose 11% year over year but slightly lagged the consensus mark. The company’s revenues projected improvement in three out of its four brand portfolio categories. However, Hasbro’s shares have underperformed the industry year to date. Nonetheless, consistent efforts to establish its presence worldwide through strategic partnerships and rapid expansion in emerging markets bode well. In fact, we believe that this year’s rich content slate, supreme gaming portfolio and diverse new initiatives should further drive growth. Yet, increased competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may hurt profits.”
  • 8/12/2017 – Hasbro was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.

Hasbro, Inc. (HAS) traded up 0.1779% during midday trading on Wednesday, reaching $97.7436. The company had a trading volume of 231,745 shares. Hasbro, Inc. has a 52-week low of $76.14 and a 52-week high of $116.20. The company’s 50 day moving average is $95.81 and its 200-day moving average is $101.98. The company has a market capitalization of $12.23 billion, a P/E ratio of 21.1704 and a beta of 0.92.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Monday, July 24th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. The company had revenue of $972.51 million during the quarter, compared to the consensus estimate of $974.19 million. Hasbro had a return on equity of 32.24% and a net margin of 11.44%. The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.41 EPS. Equities analysts expect that Hasbro, Inc. will post $5.07 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date is Tuesday, October 31st. Hasbro’s payout ratio is 49.35%.

In other news, President John Frascotti sold 25,658 shares of Hasbro stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $94.81, for a total value of $2,432,634.98. Following the transaction, the president now directly owns 105,615 shares of the company’s stock, valued at $10,013,358.15. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Wiebe Tinga sold 25,000 shares of Hasbro stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $104.01, for a total transaction of $2,600,250.00. Following the completion of the transaction, the executive vice president now directly owns 85,630 shares in the company, valued at $8,906,376.30. The disclosure for this sale can be found here. Insiders sold a total of 1,423,264 shares of company stock worth $145,144,664 over the last 90 days. Insiders own 11.00% of the company’s stock.

Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.

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