Brokers Set Expectations for Hasbro, Inc.’s Q1 2025 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for Hasbro in a research report issued on Wednesday, September 6th. Zacks Research analyst H. Ray now forecasts that the company will earn $0.21 per share for the quarter, down from their previous estimate of $0.30. The consensus estimate for Hasbro’s current full-year earnings is $4.07 per share. Zacks Research also issued estimates for Hasbro’s FY2025 earnings at $5.69 EPS.

Several other brokerages also recently issued reports on HAS. Bank of America increased their price objective on shares of Hasbro from $85.00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, August 22nd. DA Davidson reaffirmed a “buy” rating and set a $80.00 price target on shares of Hasbro in a research note on Monday, August 7th. Argus upped their price objective on shares of Hasbro from $70.00 to $75.00 in a research report on Friday, August 4th. StockNews.com raised Hasbro from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Stifel Nicolaus increased their price target on Hasbro from $79.00 to $94.00 and gave the company a “buy” rating in a report on Friday, August 25th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Hasbro presently has an average rating of “Moderate Buy” and a consensus target price of $79.64.

Hasbro Stock Down 0.8 %

Shares of NASDAQ:HAS traded down $0.58 during midday trading on Friday, hitting $69.77. 879,001 shares of the company’s stock traded hands, compared to its average volume of 1,796,614. The firm’s fifty day moving average price is $66.00 and its two-hundred day moving average price is $59.67. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.91 and a current ratio of 1.29. Hasbro has a twelve month low of $45.75 and a twelve month high of $83.25. The company has a market cap of $9.68 billion, a PE ratio of -37.82, a P/E/G ratio of 2.86 and a beta of 0.73.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.09). The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.11 billion. Hasbro had a positive return on equity of 16.12% and a negative net margin of 4.61%. The business’s revenue was down 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.15 earnings per share.

Hasbro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Wednesday, November 1st will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.01%. The ex-dividend date is Tuesday, October 31st. Hasbro’s dividend payout ratio is currently -151.35%.

Institutional Investors Weigh In On Hasbro

Hedge funds and other institutional investors have recently modified their holdings of the stock. Carolinas Wealth Consulting LLC boosted its stake in Hasbro by 60.9% during the 1st quarter. Carolinas Wealth Consulting LLC now owns 309 shares of the company’s stock valued at $25,000 after purchasing an additional 117 shares in the last quarter. Bartlett & Co. LLC bought a new position in Hasbro during the second quarter valued at about $26,000. Worth Asset Management LLC acquired a new position in Hasbro during the first quarter worth about $27,000. ING Groep NV bought a new stake in Hasbro in the first quarter worth about $29,000. Finally, Power Corp of Canada acquired a new stake in Hasbro in the 1st quarter valued at about $29,000. 82.84% of the stock is currently owned by institutional investors.

About Hasbro

Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company in the United States and internationally. The company operates through Consumer Products, Wizards of the Coast and Digital Gaming, and Entertainment segments. The Consumer Products segment engages in the sourcing, marketing, and sale of toy and game products.