DA Davidson Forecasts Hasbro’s FY2025 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Analysts at DA Davidson issued their FY2025 earnings per share estimates for shares of Hasbro in a research note issued on Thursday, May 15th. DA Davidson analyst K. Cox anticipates that the company will earn $4.21 per share for the year. DA Davidson currently has a “Neutral” rating and a $75.00 target price on the stock. 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 $4.75 EPS.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Thursday, April 24th. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.37. The business had revenue of $887.10 million during the quarter, compared to the consensus estimate of $770.60 million. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.61 earnings per share.

Other research analysts have also recently issued reports about the stock. Morgan Stanley reissued an “overweight” rating and set a $84.00 price target (down from $88.00) on shares of Hasbro in a research report on Friday, February 21st. StockNews.com downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a research note on Tuesday, April 15th. Citigroup raised Hasbro from a “neutral” rating to a “buy” rating and set a $72.00 price target on the stock in a research report on Friday, April 25th. Roth Mkm upped their price target on Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Finally, Monness Crespi & Hardt raised Hasbro to a “strong-buy” rating in a research report on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $79.89.

Hasbro Stock Performance

Shares of HAS stock opened at $68.36 on Monday. The company’s fifty day moving average price is $59.05 and its 200-day moving average price is $60.39. The stock has a market cap of $9.58 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 0.60 and a beta of 0.54. The company has a current ratio of 1.60, a quick ratio of 1.29 and a debt-to-equity ratio of 2.85. Hasbro has a 12 month low of $49.00 and a 12 month high of $73.46.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of HAS. Dynamic Technology Lab Private Ltd bought a new stake in Hasbro during the fourth quarter valued at approximately $540,000. Polymer Capital Management US LLC bought a new stake in shares of Hasbro during the 4th quarter valued at $502,000. Jones Financial Companies Lllp increased its stake in shares of Hasbro by 32.4% in the 4th quarter. Jones Financial Companies Lllp now owns 9,911 shares of the company’s stock worth $554,000 after purchasing an additional 2,426 shares in the last quarter. Capital Wealth Management LLC bought a new position in Hasbro in the 4th quarter worth $496,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in Hasbro by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,189,814 shares of the company’s stock worth $66,522,000 after purchasing an additional 5,778 shares during the period. 91.83% of the stock is owned by institutional investors.

Hasbro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 4.10%. The ex-dividend date of this dividend is Wednesday, May 21st. Hasbro’s dividend payout ratio (DPR) is currently 92.41%.

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.