Hasbro’s (HAS) Neutral Rating Reiterated at DA Davidson

DA Davidson reissued their neutral rating on shares of Hasbro (NASDAQ:HAS) in a research note issued to investors on Thursday morning, MarketBeat reports. DA Davidson currently has a $75.00 target price on the stock. DA Davidson also issued estimates for Hasbro’s Q2 2025 earnings at $0.80 EPS.

Other equities analysts have also issued reports about the stock. Citigroup raised shares of Hasbro from a “neutral” rating to a “buy” rating and set a $72.00 target price on the stock in a report on Friday, April 25th. Morgan Stanley reaffirmed an “overweight” rating and set a $84.00 price target (down from $88.00) on shares of Hasbro in a report on Friday, February 21st. StockNews.com lowered shares of Hasbro from a “buy” rating to a “hold” rating in a report on Tuesday, April 15th. Roth Mkm lifted their price target on shares of Hasbro from $68.00 to $82.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, Monness Crespi & Hardt raised shares of Hasbro to a “strong-buy” rating in a report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Hasbro currently has a consensus rating of “Moderate Buy” and an average target price of $79.89.

Hasbro Price Performance

HAS stock opened at $67.21 on Thursday. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85. Hasbro has a 12 month low of $49.00 and a 12 month high of $73.46. The firm has a market cap of $9.42 billion, a P/E ratio of 24.44, a P/E/G ratio of 0.60 and a beta of 0.54. The company’s 50-day moving average price is $58.74 and its two-hundred day moving average price is $60.35.

Hasbro (NASDAQ:HAS) last released its earnings results on Thursday, April 24th. The company reported $1.04 EPS for the quarter, beating the consensus estimate of $0.67 by $0.37. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The firm had revenue of $887.10 million for the quarter, compared to analyst estimates of $770.60 million. During the same period last year, the firm earned $0.61 EPS. The business’s quarterly revenue was up 17.1% compared to the same quarter last year. On average, analysts anticipate that Hasbro will post 4.33 earnings per share for the current fiscal year.

Hasbro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date is Wednesday, May 21st. Hasbro’s payout ratio is 92.41%.

Institutional Investors Weigh In On Hasbro

A number of institutional investors have recently added to or reduced their stakes in HAS. Principal Financial Group Inc. grew its holdings in Hasbro by 3.9% during the 3rd quarter. Principal Financial Group Inc. now owns 153,904 shares of the company’s stock worth $11,130,000 after acquiring an additional 5,771 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Hasbro by 1.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,249 shares of the company’s stock worth $797,000 after acquiring an additional 259 shares during the last quarter. Czech National Bank grew its holdings in Hasbro by 6.6% during the 4th quarter. Czech National Bank now owns 28,447 shares of the company’s stock worth $1,590,000 after acquiring an additional 1,753 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in Hasbro during the 4th quarter worth approximately $5,727,000. Finally, Park Avenue Securities LLC grew its holdings in Hasbro by 8.6% during the 4th quarter. Park Avenue Securities LLC now owns 7,172 shares of the company’s stock worth $401,000 after acquiring an additional 569 shares during the last quarter. 91.83% of the stock is owned by institutional investors.

About Hasbro

Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.