Hasbro (HAS) Scheduled to Post Earnings on Thursday

Hasbro (NASDAQ:HAS) will post its quarterly earnings results before the market opens on Thursday, October 24th. Analysts expect Hasbro to post earnings of $1.36 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Hasbro (NASDAQ:HAS) last released its earnings results on Thursday, July 25th. The company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.44. The firm had revenue of $995.30 million during the quarter, compared to analyst estimates of $941.38 million. Hasbro had a positive return on equity of 38.83% and a negative net margin of 22.78%. Hasbro’s revenue was down 17.7% compared to the same quarter last year. During the same period last year, the business posted $0.49 earnings per share. On average, analysts expect Hasbro to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Hasbro Trading Down 0.0 %

NASDAQ:HAS opened at $71.61 on Thursday. The firm has a market cap of $9.97 billion, a PE ratio of -7.06, a price-to-earnings-growth ratio of 0.54 and a beta of 0.61. The stock has a fifty day moving average price of $69.08 and a 200 day moving average price of $62.98. Hasbro has a 12-month low of $42.66 and a 12-month high of $73.46. The company has a current ratio of 1.46, a quick ratio of 1.27 and a debt-to-equity ratio of 2.95.

Wall Street Analyst Weigh In

HAS has been the subject of a number of recent research reports. Jefferies Financial Group lifted their target price on Hasbro from $75.00 to $83.00 and gave the company a “buy” rating in a report on Tuesday, October 1st. Morgan Stanley lifted their price target on Hasbro from $78.00 to $79.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. Stifel Nicolaus lifted their price target on Hasbro from $78.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. DA Davidson reaffirmed a “neutral” rating and set a $59.00 price target on shares of Hasbro in a report on Friday, July 26th. Finally, Bank of America lifted their price target on Hasbro from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $73.18.

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.