Roth Capital Has Pessimistic View of Hasbro FY2025 Earnings

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Research analysts at Roth Capital reduced their FY2025 EPS estimates for Hasbro in a research note issued to investors on Tuesday, April 15th. Roth Capital analyst E. Handler now forecasts that the company will earn $4.00 per share for the year, down from their previous estimate of $4.08. The consensus estimate for Hasbro's current full-year earnings is $4.33 per share.

Several other equities research analysts have also issued reports on the company. Stifel Nicolaus dropped their price target on Hasbro from $82.00 to $77.00 and set a "buy" rating on the stock in a research report on Friday, January 3rd. StockNews.com lowered Hasbro from a "buy" rating to a "hold" rating in a report on Tuesday. Morgan Stanley reiterated an "overweight" rating and set a $84.00 price target (down from $88.00) on shares of Hasbro in a research report on Friday, February 21st. Roth Mkm boosted their price objective on Hasbro from $68.00 to $82.00 and gave the company a "buy" rating in a research report on Friday, February 21st. Finally, DA Davidson raised Hasbro to a "hold" rating in a research report on Monday, April 14th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $80.22.

Hasbro Stock Up 1.5 %

Shares of HAS stock traded up $0.77 during trading hours on Wednesday, hitting $52.65. 1,446,517 shares of the company were exchanged, compared to its average volume of 1,657,938. The stock has a market capitalization of $7.37 billion, a price-to-earnings ratio of 19.15, a P/E/G ratio of 0.60 and a beta of 0.51. Hasbro has a one year low of $49.00 and a one year high of $73.46. The business's 50-day simple moving average is $59.88 and its two-hundred day simple moving average is $61.72. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60.

Hasbro (NASDAQ:HAS - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.36 by $0.10. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.02 billion. Hasbro had a return on equity of 47.93% and a net margin of 9.32%.

Institutional Investors Weigh In On Hasbro

A number of hedge funds have recently bought and sold shares of HAS. FMR LLC lifted its holdings in shares of Hasbro by 14.3% during the third quarter. FMR LLC now owns 13,867 shares of the company's stock worth $1,003,000 after buying an additional 1,730 shares during the last quarter. HighTower Advisors LLC raised its stake in Hasbro by 31.2% during the 3rd quarter. HighTower Advisors LLC now owns 11,814 shares of the company's stock valued at $855,000 after purchasing an additional 2,810 shares during the last quarter. Wellington Management Group LLP bought a new stake in Hasbro in the 3rd quarter valued at $3,080,000. M&T Bank Corp grew its position in Hasbro by 4.2% in the 3rd quarter. M&T Bank Corp now owns 9,435 shares of the company's stock worth $682,000 after purchasing an additional 378 shares during the last quarter. Finally, Coldstream Capital Management Inc. bought a new position in shares of Hasbro during the 3rd quarter worth about $269,000. 91.83% of the stock is currently owned by institutional investors.

Hasbro Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Monday, March 3rd were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend was Monday, March 3rd. Hasbro's payout ratio is 101.82%.

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.