Shares of Hasbro, Inc. (NASDAQ:HAS – Get Free Report) have been given an average recommendation of “Moderate Buy” by the nine brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $80.11.
Several research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their price objective on Hasbro from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. DA Davidson increased their target price on shares of Hasbro from $59.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, October 25th. Bank of America upped their price objective on Hasbro from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. Morgan Stanley upped their price target on Hasbro from $80.00 to $92.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Finally, Stifel Nicolaus lowered their price objective on Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research report on Friday, January 3rd.
Check Out Our Latest Report on Hasbro
Insider Buying and Selling at Hasbro
Hedge Funds Weigh In On Hasbro
A number of hedge funds have recently modified their holdings of HAS. Pacer Advisors Inc. raised its stake in Hasbro by 28,552.6% during the 4th quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company’s stock valued at $155,967,000 after acquiring an additional 2,779,877 shares during the last quarter. Mizuho Securities USA LLC lifted its holdings in shares of Hasbro by 9,806.9% during the third quarter. Mizuho Securities USA LLC now owns 1,000,000 shares of the company’s stock worth $72,320,000 after purchasing an additional 989,906 shares during the period. AQR Capital Management LLC grew its position in Hasbro by 469.4% in the 2nd quarter. AQR Capital Management LLC now owns 686,144 shares of the company’s stock valued at $40,037,000 after buying an additional 565,645 shares during the last quarter. Smith Group Asset Management LLC acquired a new position in Hasbro in the 3rd quarter valued at $32,032,000. Finally, Robeco Institutional Asset Management B.V. raised its holdings in Hasbro by 207.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 547,822 shares of the company’s stock worth $30,629,000 after purchasing an additional 369,744 shares in the last quarter. 91.83% of the stock is currently owned by hedge funds and other institutional investors.
Hasbro Price Performance
Shares of HAS stock opened at $57.84 on Monday. The firm’s 50-day moving average is $59.73 and its two-hundred day moving average is $64.34. Hasbro has a 12 month low of $46.09 and a 12 month high of $73.46. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.47 and a quick ratio of 1.29. The company has a market capitalization of $8.07 billion, a PE ratio of -12.47, a price-to-earnings-growth ratio of 0.51 and a beta of 0.64.
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.
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