Hasbro (HAS) to Release Earnings on Thursday

Hasbro (NASDAQ:HAS) is projected to post its quarterly earnings results 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. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Hasbro Price Performance

HAS stock opened at $61.25 on Wednesday. The company has a fifty day moving average price of $58.35 and a 200-day moving average price of $64.17. The company has a market capitalization of $8.54 billion, a P/E ratio of -13.20, a PEG ratio of 0.51 and a beta of 0.64. Hasbro has a 52-week low of $48.63 and a 52-week high of $73.46. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.29 and a current ratio of 1.47.

Insider Transactions at Hasbro

In other Hasbro news, EVP Matthew Edward Austin sold 1,718 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $2,396,029.68. This trade 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 hyperlink. 0.82% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. DA Davidson raised their price target on shares of Hasbro from $59.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, October 25th. Morgan Stanley increased their price objective on shares of Hasbro from $80.00 to $92.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Finally, Stifel Nicolaus decreased their price objective on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Hasbro has an average rating of “Moderate Buy” and a consensus price target 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.