Research Analysts’ Recent Ratings Updates for Hasbro (HAS)

Several brokerages have updated their recommendations and price targets on shares of Hasbro (NASDAQ: HAS) in the last few weeks:

  • 2/8/2018 – Hasbro had its price target raised by analysts at BMO Capital Markets from $83.00 to $100.00. They now have a “market perform” rating on the stock.
  • 2/8/2018 – Hasbro had its “market perform” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $100.00 price target on the stock, up previously from $95.00.
  • 2/8/2018 – Hasbro was given a new $110.00 price target on by analysts at KeyCorp. They now have an “overweight” rating on the stock.
  • 2/8/2018 – Hasbro had its price target raised by analysts at B. Riley from $108.00 to $110.00. They now have a “buy” rating on the stock.
  • 2/8/2018 – Hasbro was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/30/2018 – Hasbro had its price target lowered by analysts at Stifel Nicolaus from $100.00 to $97.00. They now have a “hold” rating on the stock.
  • 1/24/2018 – Hasbro was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Hasbro benefiting from new products, strategic partnerships, theatrical releases along with increased focus on gaming. In addition to growing brands and leveraging opportunistic toy lines and licenses, the company seeks to grow its international business by expanding into emerging markets in Eastern Europe, Asia and Latin and South America. This is likely to continue driving it's top- and bottom–line performance. However, Recent Toys "R" Us bankruptcy continues to impact Hasbro’s revenue and operating profit. Moreover, rising competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may dent profits. Over the last year, shares underperformed the industry. Earnings estimates for 2018 have gone down in the past 60 days.”
  • 1/16/2018 – Hasbro was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/10/2018 – Hasbro was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Recent Toys "R" Us bankruptcy continues to impact Hasbro’s revenue and operating profit  and weigh on its performance. Moreover, rising competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may dent profits. Nevertheless, the company is benefiting from new products and strategic partnerships, major theatrical releases, along with increased focus on gaming. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets is likely to continue driving the company’s top- and bottom–line performance. Over the last year, shares underperformed the industry. Estimate revisions in the current year earnings have been stable over the last 60 days.”
  • 12/26/2017 – Hasbro was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Hasbro is currently benefiting from new products and strategic partnerships, major theatrical releases, along with increased focus on gaming. Consistent efforts to establish its global presence via strategic partnerships and rapid growth in emerging markets is likely to continue driving the company’s top- and bottom–line performance. However, recent Toys "R" Us bankruptcy may continue to impact Hasbro’s revenue and operating profit in the near-term and weigh on its performance. Moreover, rising competition from alternative modes of entertainment might limit top-line growth, while high costs along with macroeconomic and currency headwinds may dent profits. Year to date, shares underperformed the industry. Estimate revisions in the current year earnings have been stable over the last 60 days.”
  • 12/21/2017 – Hasbro is now covered by analysts at B. Riley. They set a “buy” rating and a $108.00 price target on the stock.
  • 12/15/2017 – Hasbro was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

Hasbro, Inc. (HAS) opened at $96.63 on Tuesday. Hasbro, Inc. has a 52 week low of $87.92 and a 52 week high of $116.20. The company has a current ratio of 2.90, a quick ratio of 2.56 and a debt-to-equity ratio of 0.93. The company has a market cap of $12,172.82, a price-to-earnings ratio of 30.97, a price-to-earnings-growth ratio of 1.56 and a beta of 0.86.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $2.30 EPS for the quarter, beating the Zacks’ consensus estimate of $1.82 by $0.48. Hasbro had a net margin of 7.61% and a return on equity of 36.36%. The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the prior year, the firm posted $1.64 EPS. The firm’s revenue was down 1.8% compared to the same quarter last year. equities research analysts predict that Hasbro, Inc. will post 5.37 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Shareholders of record on Tuesday, May 1st will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 2.61%. This is an increase from Hasbro’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Monday, April 30th. Hasbro’s dividend payout ratio is 73.08%.

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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