DA Davidson Has Negative Forecast for Hasbro FY2025 Earnings

Hasbro, Inc. (NASDAQ:HAS) – Analysts at DA Davidson lowered their FY2025 earnings per share estimates for Hasbro in a note issued to investors on Friday, February 21st. DA Davidson analyst L. Weiser now forecasts that the company will post earnings per share of $4.31 for the year, down from their previous forecast of $4.36. DA Davidson currently has a “Neutral” rating and a $75.00 price target 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 $4.71 EPS.

HAS has been the topic of a number of other research reports. Roth Mkm upped their price objective on Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Stifel Nicolaus decreased their target price on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research report on Friday, January 3rd. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $84.00 price target (down previously from $88.00) on shares of Hasbro in a report on Friday, February 21st. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $80.22.

Hasbro Stock Performance

NASDAQ HAS opened at $68.55 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.29 and a debt-to-equity ratio of 2.85. The business’s 50 day moving average is $58.72 and its two-hundred day moving average is $64.26. The stock has a market capitalization of $9.56 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 0.60 and a beta of 0.64. Hasbro has a 12-month low of $48.63 and a 12-month high of $73.46.

Hasbro (NASDAQ:HAS) last issued its earnings results on Thursday, February 20th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.10. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.02 billion.

Institutional Trading of Hasbro

Large investors have recently made changes to their positions in the stock. True Wealth Design LLC purchased a new stake in shares of Hasbro during the third quarter worth about $31,000. Blue Trust Inc. grew its stake in Hasbro by 224.8% in the 3rd quarter. Blue Trust Inc. now owns 432 shares of the company’s stock worth $31,000 after acquiring an additional 299 shares during the period. Parvin Asset Management LLC acquired a new position in Hasbro in the 4th quarter valued at $25,000. Allworth Financial LP lifted its stake in shares of Hasbro by 120.1% during the 4th quarter. Allworth Financial LP now owns 482 shares of the company’s stock worth $28,000 after purchasing an additional 263 shares during the period. Finally, Itau Unibanco Holding S.A. purchased a new position in shares of Hasbro during the 3rd quarter worth $40,000. Institutional investors and hedge funds own 91.83% of the company’s stock.

Insider Buying and Selling at Hasbro

In other news, EVP Matthew Edward Austin sold 1,718 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $65.06, for a total value of $111,773.08. Following the completion of the transaction, the executive vice president now directly owns 36,828 shares of the company’s stock, valued at $2,396,029.68. The trade was a 4.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.82% of the company’s stock.

Hasbro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Monday, March 3rd. Hasbro’s payout ratio is currently 101.82%.

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.