Shares of Hasbro, Inc. (NASDAQ:HAS) have received an average rating of “Hold” from the eighteen ratings firms that are currently covering the firm, MarketBeat.com reports. Twelve investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $105.65.

A number of research firms have weighed in on HAS. BidaskClub raised Hasbro from a “sell” rating to a “hold” rating in a research note on Friday. Zacks Investment Research lowered Hasbro from a “buy” rating to a “hold” rating in a research note on Friday, September 8th. Goldman Sachs Group reissued a “buy” rating and set a $118.00 price objective on shares of Hasbro in a research note on Monday, October 2nd. Jefferies Group reissued a “buy” rating and set a $125.00 price objective on shares of Hasbro in a research note on Thursday, August 31st. Finally, Stifel Nicolaus lowered their price objective on Hasbro from $104.00 to $100.00 and set a “hold” rating on the stock in a research note on Tuesday, October 24th.

Hasbro (HAS) opened at $95.87 on Friday. The firm has a market capitalization of $11,888.83, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 1.91 and a beta of 0.86. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.11 and a current ratio of 2.53. Hasbro has a 12 month low of $77.20 and a 12 month high of $116.20.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be given a $0.57 dividend. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $2.28 dividend on an annualized basis and a yield of 2.38%. Hasbro’s dividend payout ratio is currently 48.72%.

Large investors have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. raised its position 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 purchasing an additional 1,065 shares during the period. YorkBridge Wealth Partners LLC raised its holdings in shares of Hasbro by 2.8% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock valued at $129,000 after buying an additional 32 shares during the period. San Francisco Sentry Investment Group CA purchased a new stake in shares of Hasbro in the 2nd quarter valued at $155,000. Paradigm Asset Management Co. LLC purchased a new stake in shares of Hasbro in the 2nd quarter valued at $167,000. Finally, Highstreet Asset Management Inc. raised its holdings in shares of Hasbro by 105.2% in the 3rd quarter. Highstreet Asset Management Inc. now owns 1,584 shares of the company’s stock valued at $155,000 after buying an additional 812 shares during the period. Institutional investors own 79.83% of the company’s stock.

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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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