Hasbro (HAS) to Release Earnings on Thursday

Hasbro (NASDAQ:HAS) is anticipated to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Hasbro to post earnings of $0.36 per share and revenue of $1.02 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Hasbro Stock Performance

HAS opened at $59.72 on Thursday. The stock has a market cap of $8.33 billion, a PE ratio of -12.87, a P/E/G ratio of 0.51 and a beta of 0.64. The company has a current ratio of 1.47, a quick ratio of 1.29 and a debt-to-equity ratio of 2.64. Hasbro has a 1 year low of $46.09 and a 1 year high of $73.46. The stock’s 50 day simple moving average is $58.83 and its 200-day simple moving average is $64.29.

Insider Activity

In related news, EVP Matthew Edward Austin sold 1,718 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was 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 owns 36,828 shares in the company, valued at approximately $2,396,029.68. This represents a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.82% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Morgan Stanley boosted their price target on Hasbro from $80.00 to $92.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. boosted their price target on Hasbro from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Stifel Nicolaus decreased their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research note on Friday, January 3rd. Finally, DA Davidson boosted their price target on Hasbro from $59.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $80.11.

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.