Roth Capital Forecasts Hasbro’s Q1 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Equities researchers at Roth Capital decreased their Q1 2025 earnings estimates for shares of Hasbro in a research report issued to clients and investors on Tuesday, April 15th. Roth Capital analyst E. Handler now anticipates that the company will earn $0.70 per share for the quarter, down from their previous forecast of $0.78. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share.

Other analysts have also recently issued reports about the company. Roth Mkm boosted their price objective on Hasbro from $68.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, February 21st. DA Davidson raised shares of Hasbro to a “hold” rating in a report on Monday. Morgan Stanley reaffirmed an “overweight” rating and set a $84.00 price objective (down from $88.00) on shares of Hasbro in a report on Friday, February 21st. StockNews.com cut shares of Hasbro from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Stifel Nicolaus cut their price target on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research note on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $80.22.

Hasbro Trading Down 1.2 %

Shares of HAS opened at $51.88 on Thursday. The stock’s 50-day moving average price is $60.16 and its 200 day moving average price is $62.00. The company has a quick ratio of 1.29, a current ratio of 1.60 and a debt-to-equity ratio of 2.85. The firm has a market capitalization of $7.26 billion, a price-to-earnings ratio of 18.87, a P/E/G ratio of 0.60 and a beta of 0.51. Hasbro has a 12-month low of $49.00 and a 12-month high of $73.46.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.46 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.02 billion.

Hasbro Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Monday, March 3rd were paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date was Monday, March 3rd. Hasbro’s dividend payout ratio (DPR) is currently 101.82%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of HAS. Wealth Enhancement Advisory Services LLC increased its holdings in Hasbro by 60.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 16,597 shares of the company’s stock valued at $1,021,000 after purchasing an additional 6,225 shares in the last quarter. Visionary Horizons LLC bought a new position in shares of Hasbro in the first quarter valued at about $618,000. CX Institutional raised its holdings in shares of Hasbro by 20.7% in the first quarter. CX Institutional now owns 4,698 shares of the company’s stock valued at $289,000 after buying an additional 807 shares during the last quarter. Michael S. Ryan Inc. acquired a new position in Hasbro during the 1st quarter worth about $544,000. Finally, SG Americas Securities LLC grew its holdings in Hasbro by 396.5% during the 1st quarter. SG Americas Securities LLC now owns 15,398 shares of the company’s stock worth $947,000 after acquiring an additional 12,297 shares during the last quarter. 91.83% of the stock is owned by institutional investors and hedge funds.

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.