Research Analysts Issue Forecasts for Hasbro FY2025 Earnings

Hasbro, Inc. (NASDAQ:HAS) – Equities researchers at DA Davidson decreased their FY2025 earnings estimates for Hasbro in a research report issued to clients and investors on Friday, February 21st. DA Davidson analyst L. Weiser now expects that the company will post earnings per share of $4.31 for the year, down from their previous estimate of $4.36. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share. DA Davidson also issued estimates for Hasbro’s FY2026 earnings at $4.71 EPS.

Hasbro (NASDAQ:HAS) last issued 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. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.02 billion.

Several other equities research analysts have also weighed in on HAS. Roth Mkm increased their price objective on shares of Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday. Stifel Nicolaus dropped their price objective 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. Finally, Morgan Stanley reiterated an “overweight” rating and set a $84.00 price objective (down previously from $88.00) on shares of Hasbro in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $80.00.

Hasbro Stock Performance

Shares of HAS stock opened at $67.56 on Monday. 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 has a one year low of $48.63 and a one year high of $73.46. The company’s 50-day simple moving average is $58.42 and its 200-day simple moving average is $64.21. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 24.57, a PEG ratio of 0.60 and a beta of 0.64.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd will be paid a $0.70 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $2.80 annualized dividend and a dividend yield of 4.14%. Hasbro’s payout ratio is currently 101.82%.

Insider Buying and Selling at Hasbro

In related news, EVP Matthew Edward Austin sold 1,718 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $65.06, for a total transaction of $111,773.08. Following the transaction, the executive vice president now owns 36,828 shares in the company, valued at $2,396,029.68. This trade represents a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.82% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Mackenzie Financial Corp increased its stake in shares of Hasbro by 164.6% during the fourth quarter. Mackenzie Financial Corp now owns 11,696 shares of the company’s stock valued at $654,000 after acquiring an additional 7,276 shares during the period. Castlekeep Investment Advisors LLC acquired a new position in shares of Hasbro during the fourth quarter valued at approximately $741,000. Toronto Dominion Bank increased its stake in shares of Hasbro by 2.9% during the fourth quarter. Toronto Dominion Bank now owns 52,495 shares of the company’s stock valued at $2,935,000 after acquiring an additional 1,485 shares during the period. Neo Ivy Capital Management bought a new stake in Hasbro during the fourth quarter worth approximately $3,719,000. Finally, Castleark Management LLC boosted its holdings in Hasbro by 2.6% during the fourth quarter. Castleark Management LLC now owns 103,500 shares of the company’s stock worth $5,787,000 after buying an additional 2,660 shares in the last quarter. Institutional investors and hedge funds own 91.83% of the company’s stock.

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.