Roth Capital Comments on Hasbro's Q1 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Roth Capital dropped their Q1 2025 EPS estimates for shares of Hasbro in a report released on Tuesday, April 15th. Roth Capital analyst E. Handler now forecasts that the company will earn $0.70 per share for the quarter, down from their previous forecast of $0.78. The consensus estimate for Hasbro's current full-year earnings is $4.33 per share.

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

Hasbro Trading Up 1.5 %

Shares of Hasbro stock traded up $0.77 during trading on Thursday, hitting $52.65. The stock had a trading volume of 1,446,517 shares, compared to its average volume of 1,658,756. Hasbro has a 12 month low of $49.00 and a 12 month high of $73.46. The firm's fifty day simple moving average is $59.88 and its 200-day simple moving average is $61.65. The stock has a market cap of $7.37 billion, a PE ratio of 19.15, a PEG ratio of 0.60 and a beta of 0.51. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.60 and a quick ratio of 1.29.

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

Hasbro Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Parvin Asset Management LLC purchased a new position in shares of Hasbro during the 4th quarter valued at approximately $25,000. Allworth Financial LP raised its stake in shares of Hasbro by 120.1% in the 4th quarter. Allworth Financial LP now owns 482 shares of the company's stock valued at $28,000 after purchasing an additional 263 shares in the last quarter. Sentry Investment Management LLC bought a new stake in Hasbro in the first quarter valued at about $28,000. Itau Unibanco Holding S.A. raised its stake in Hasbro by 32.1% during the fourth quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company's stock valued at $41,000 after buying an additional 178 shares in the last quarter. Finally, Canada Post Corp Registered Pension Plan bought a new position in Hasbro during the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 91.83% of the company's stock.

Hasbro Company Profile

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.