Hasbro (NASDAQ:HAS – Get Free Report)‘s stock had its “outperform” rating reissued by investment analysts at BNP Paribas Exane in a report issued on Wednesday, Benzinga reports. They presently have a $127.00 price objective on the stock, up from their previous price objective of $116.00. BNP Paribas Exane’s price target would suggest a potential upside of 15.96% from the stock’s current price.
Other research analysts have also recently issued reports about the stock. Jefferies Financial Group decreased their target price on shares of Hasbro from $120.00 to $110.00 and set a “buy” rating for the company in a report on Thursday, July 16th. Bank of America dropped their target price on shares of Hasbro from $115.00 to $105.00 and set a “buy” rating on the stock in a research report on Thursday, July 16th. Wall Street Zen lowered shares of Hasbro from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. UBS Group restated a “buy” rating on shares of Hasbro in a research report on Thursday, October 8th. Finally, DA Davidson decreased their price objective on shares of Hasbro from $100.00 to $95.00 and set a “neutral” rating for the company in a research note on Wednesday, July 22nd. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $111.57.
Read Our Latest Analysis on Hasbro
Hasbro Stock Performance
Shares of HAS stock opened at $109.52 on Wednesday. The company has a debt-to-equity ratio of 4.16, a quick ratio of 1.46 and a current ratio of 1.66. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of 19.70, a P/E/G ratio of 1.70 and a beta of 0.45. Hasbro has a 52 week low of $69.50 and a 52 week high of $109.81. The firm’s 50-day simple moving average is $92.67 and its two-hundred day simple moving average is $90.03.
Hasbro (NASDAQ:HAS – Get Free Report) last released its earnings results on Tuesday, October 20th. The company reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $1.04. Hasbro had a net margin of 15.97% and a return on equity of 141.11%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the prior year, the firm earned $1.68 EPS. The company’s revenue was up 15.0% compared to the same quarter last year. As a group, equities analysts forecast that Hasbro will post 6.14 earnings per share for the current year.
Insider Transactions at Hasbro
In other Hasbro news, insider Holly Barbacovi sold 5,057 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $94.20, for a total value of $476,369.40. Following the completion of the sale, the insider owned 37,486 shares of the company’s stock, valued at $3,531,181.20. The trade was a 11.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Timothy J. Kilpin sold 20,000 shares of the company’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $93.12, for a total value of $1,862,400.00. Following the sale, the insider owned 54,229 shares of the company’s stock, valued at approximately $5,049,804.48. This trade represents a 26.94% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 50,472 shares of company stock valued at $4,736,533 in the last three months. 0.71% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Hasbro
Several institutional investors and hedge funds have recently added to or reduced their stakes in HAS. BlackRock Inc. bought a new position in shares of Hasbro in the second quarter valued at approximately $2,204,689,000. Bank of America Corp DE acquired a new stake in shares of Hasbro in the second quarter worth $289,258,000. Amundi boosted its holdings in shares of Hasbro by 21.1% during the 1st quarter. Amundi now owns 1,699,565 shares of the company’s stock worth $159,079,000 after buying an additional 296,277 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Hasbro during the 2nd quarter worth $130,731,000. Finally, Epoch Investment Partners Inc. grew its stake in Hasbro by 1.0% in the 1st quarter. Epoch Investment Partners Inc. now owns 1,174,077 shares of the company’s stock valued at $109,894,000 after buying an additional 12,182 shares during the last quarter. 91.83% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Hasbro
Here are the key news stories impacting Hasbro this week:
- Positive Sentiment: Hasbro reported third-quarter adjusted EPS of $2.90, well above the $1.86 analyst consensus, while revenue rose 15% year over year to approximately $1.60 billion, exceeding estimates of $1.48 billion. Hasbro earnings results
- Positive Sentiment: Magic: The Gathering revenue surged 34% to $616.1 million, surpassing $600 million for the first time. Wizards of the Coast and Digital Gaming revenue increased 31% to $747.2 million, highlighting the company’s higher-growth businesses. Hasbro Magic: The Gathering sales
- Positive Sentiment: Management raised its 2026 constant-currency revenue-growth forecast to 7%–9%, from 5%–7%, and improved its margin and EBITDA expectations. Hasbro also doubled its stock-buyback target, providing an additional potential source of shareholder returns. Hasbro outlook and buyback
- Positive Sentiment: Hasbro declared a quarterly dividend of $0.70 per share, equal to $2.80 annually and a reported yield of about 2.6%, supporting the stock’s income appeal.
- Neutral Sentiment: Consumer Products revenue grew 4%, and Entertainment revenue rose 9%, indicating that the strongest momentum remains concentrated in Magic and digital gaming rather than across every business line.
- Negative Sentiment: Recent disclosures cited insider selling, with several executives selling shares and no reported insider purchases in the period reviewed. Unusually heavy put-option activity before earnings also signals that some traders were positioned defensively, although neither necessarily reflects the company’s operating outlook.
About Hasbro
Hasbro, Inc is a global branded entertainment company that develops and markets toys, games, entertainment experiences and consumer products. Its portfolio includes well-known brands such as Monopoly, Play-Doh, Transformers, Nerf, My Little Pony, Dungeons & Dragons and Magic: The Gathering.
The company serves consumers through a range of channels, including retail, e-commerce, digital gaming, entertainment content and licensing. Hasbro also works with third-party partners to extend its brands into film and television, apparel, publishing and other consumer products.
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