Hasbro (NASDAQ:HAS - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $1.02 billion for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Hasbro Price Performance
Hasbro stock traded up $0.57 during trading on Friday, reaching $60.82. The company had a trading volume of 1,170,136 shares, compared to its average volume of 1,204,573. The firm's 50-day simple moving average is $58.44 and its 200 day simple moving average is $64.20. Hasbro has a 1-year low of $48.63 and a 1-year high of $73.46. The firm has a market capitalization of $8.48 billion, a PE ratio of -13.11, a price-to-earnings-growth ratio of 0.51 and a beta of 0.64. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.29 and a current ratio of 1.47.
Analyst Ratings Changes
A number of research firms recently issued reports on HAS. Morgan Stanley lifted their price target on shares of Hasbro from $80.00 to $92.00 and gave the company an "overweight" rating in a research note on Friday, October 25th. Stifel Nicolaus dropped their price target on shares of Hasbro from $82.00 to $77.00 and set a "buy" rating on the stock in a research note on Friday, January 3rd. JPMorgan Chase & Co. lifted their price target on shares of Hasbro from $76.00 to $82.00 and gave the company an "overweight" rating in a research note on Monday, October 21st. Finally, DA Davidson lifted their price target on shares of Hasbro from $59.00 to $73.00 and gave the company a "neutral" rating in a research note on Friday, October 25th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $80.11.
View Our Latest Stock Analysis on HAS
Insider Activity at Hasbro
In other news, EVP Matthew Edward Austin sold 1,718 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $65.06, for a total transaction of $111,773.08. Following the sale, the executive vice president now owns 36,828 shares of the company's stock, valued at approximately $2,396,029.68. This represents a 4.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.82% of the stock is currently owned by insiders.
Hasbro Company Profile
(
Get Free Report)
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.
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