Hasbro (NASDAQ:HAS) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

HAS has been the topic of several other research reports. Jefferies Group set a $125.00 target price on shares of Hasbro and gave the company a “buy” rating in a research note on Monday, August 21st. Zacks Investment Research lowered shares of Hasbro from a “hold” rating to a “sell” rating in a research note on Thursday, October 26th. UBS set a $104.00 target price on shares of Hasbro and gave the company a “hold” rating in a research note on Monday, November 13th. DA Davidson set a $124.00 target price on shares of Hasbro and gave the company a “buy” rating in a research note on Tuesday, November 14th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and issued a $95.00 target price (down previously from $100.00) on shares of Hasbro in a research note on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the stock. Hasbro has a consensus rating of “Hold” and an average target price of $105.99.

Hasbro (NASDAQ:HAS) traded up $0.01 on Wednesday, reaching $91.36. 930,217 shares of the company’s stock traded hands, compared to its average volume of 1,251,639. The company has a quick ratio of 2.11, a current ratio of 2.53 and a debt-to-equity ratio of 0.87. The firm has a market cap of $11,379.44, a PE ratio of 19.48, a PEG ratio of 1.83 and a beta of 0.86. Hasbro has a 52-week low of $77.20 and a 52-week high of $116.20.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Monday, October 23rd. The company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.15. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Hasbro had a net margin of 11.34% and a return on equity of 31.74%. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.03 EPS. sell-side analysts expect that Hasbro will post 5 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in HAS. Benjamin F. Edwards & Company Inc. lifted its stake in Hasbro by 7,100.0% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,080 shares of the company’s stock valued at $105,000 after buying an additional 1,065 shares in the last quarter. YorkBridge Wealth Partners LLC raised its holdings in shares of Hasbro by 2.8% in the second quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock valued at $129,000 after purchasing an additional 32 shares during the last quarter. Highstreet Asset Management Inc. raised its holdings in shares of Hasbro by 105.2% in the third quarter. Highstreet Asset Management Inc. now owns 1,584 shares of the company’s stock valued at $155,000 after purchasing an additional 812 shares during the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in shares of Hasbro in the second quarter valued at approximately $155,000. Finally, Paradigm Asset Management Co. LLC acquired a new stake in shares of Hasbro in the second quarter valued at approximately $167,000. 79.83% of the stock is currently owned by institutional investors and hedge funds.

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Hasbro Company Profile

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.

Analyst Recommendations for Hasbro (NASDAQ:HAS)

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