Hasbro (HAS) to Release Quarterly Earnings on Tuesday

Hasbro (NASDAQ:HAS) is projected to issue its quarterly earnings data before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $1.02 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Hasbro Trading Down 1.0 %

Shares of HAS stock opened at $59.05 on Monday. The company has a quick ratio of 1.29, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. The firm has a market cap of $8.24 billion, a P/E ratio of -12.73, a PEG ratio of 0.51 and a beta of 0.64. The company has a 50 day moving average of $59.04 and a 200-day moving average of $64.30. Hasbro has a 12-month low of $46.09 and a 12-month high of $73.46.

Analysts Set New Price Targets

HAS has been the subject of several analyst reports. Morgan Stanley raised their target price on Hasbro from $80.00 to $92.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. boosted their target price on Hasbro from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Stifel Nicolaus lowered their target price 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. DA Davidson lifted their price target on Hasbro from $59.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, October 25th. Finally, Bank of America increased their price target on shares of Hasbro from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Tuesday, October 15th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Hasbro currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.11.

Insiders Place Their Bets

In related news, EVP Matthew Edward Austin sold 1,718 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $65.06, for a total value of $111,773.08. Following the completion of the sale, the executive vice president now directly owns 36,828 shares of the company’s stock, valued at approximately $2,396,029.68. This represents a 4.46 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.82% 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.