Investors received a Monday note that changed the rating from'sell' to 'hold'.
HAS was the subject of several other research reports. Stifel Nicolaus raised their target price for Hasbro in a research note on May 30th from $70.00 up to $75.00. In a Friday research note, Argus lowered its price target for shares of Hasbro. It went from $80.00 down to $70.00. In a Monday, April 3, 2018 research note, DA Davidson reiterated a buy' rating on Hasbro shares and set a price target of $80.00. Bank of America raised their price target for shares of Hasbro in a research report on Wednesday, 17th May from $63.00 to $80.00. In a report published on Friday, 28th April, 1-800-FLOWERS.COM reaffirmed a maintains rating on Hasbro shares. Six analysts gave the stock a hold recommendation and seven others gave it a buy recommendation. During the midday session on Monday, shares fell $0.18 to reach $61.45. The company's average trading volume is 1,880.383, but 2,347.300 shares were traded. Hasbro's 52-week low is $45.75, and its 52-week high is $86.50. The company's quick ratio is 0.96, its current ratio is 1.34 and its debt-to equity ratio is 1.33. The stock's fifty-day simple moving is $58.47, and its two hundred day simple moving is $57.83. The company has a market capitalization of $8.52billion, a PE of 71.45 and a P/E/G of 5.56. It also has a beta value of 0.74.
The company last released its results on April 27th. The company reported $0.01 in earnings per share for the first quarter, falling short of analysts' expectations by $0.04 ($0.03). Hasbro's net margin was 2.11%, and its return on equity was 18.56%. The company had revenue of $1,000,000.00 during the quarter compared with analyst estimates of $883.06 millions. In the same quarter of the previous year, the company posted $0.57 in earnings per share. The company's revenue for the quarter was down by 14.0% from last year. Analysts on the sell-side predict that Hasbro's earnings per share will be 4.45 for this year.
Institutional Inflows & Outflows
Recently, institutional investors and hedge funds have bought and sold shares. Carolinas Wealth Consulting LLC increased its holdings of Hasbro shares by 60.9% in the first quarter. Carolinas Wealth Consulting LLC owns 309 of the company stock, worth $25,000, after purchasing an additional 117 during the period. Kinneret Advisory LLC increased its holdings in Hasbro shares by 2.3% during the first quarter. Kinneret Advisory LLC owns 6,656 of the company’s stock, valued at $545,000, after acquiring 149 additional shares during the period. Yousif Capital Management LLC increased its holdings in Hasbro shares by 0.7% during the first quarter. Yousif Capital Management LLC owns 20,502 of the company’s stock, valued at $1.680,000. This is after adding 150 additional shares. Continuum Advisory LLC increased its holdings in Hasbro shares by 0.6% during the first quarter. Continuum Advisory LLC owns 26,303 of the company stock, valued at $61,000. This is after acquiring 155 additional shares. CENTRAL TRUST co increased its holdings in Hasbro shares by 6.6% during the fourth quarter. CENTRAL TRUST Co owns 2,649 of the company’s stock, valued at $162,000, after acquiring 164 additional shares. Eight0.58% of company stock is owned by institutional investors and hedge fund.
Hasbro, Inc. is a provider of leisure products and services for children and families. It has a portfolio that includes brands and entertainment properties. Power Rangers toys, Monopoly games, My Little Pony dolls, Nerf weapons, Play-Doh, Transformers and Magic: The Gathering are among the firm's toy brands. The company operates in four segments: Consumer Products; Wizards of the Coast Digital Gaming; Entertainment; and Corporate and other.
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