Roth Capital Issues Pessimistic Forecast for Hasbro Earnings

Hasbro, Inc. (NASDAQ:HAS) – Equities researchers at Roth Capital reduced their Q1 2025 EPS estimates for Hasbro in a research report issued on Tuesday, April 15th. Roth Capital analyst E. Handler now forecasts 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.

A number of other analysts have also issued reports on HAS. Morgan Stanley restated an “overweight” rating and issued a $84.00 target price (down previously from $88.00) on shares of Hasbro in a report on Friday, February 21st. Roth Mkm increased their price objective on Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. StockNews.com cut Hasbro from a “buy” rating to a “hold” rating in a research note on Tuesday. Stifel Nicolaus reduced their price target on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research report on Friday, January 3rd. Finally, DA Davidson raised shares of Hasbro to a “hold” rating in a research report on Monday. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Hasbro currently has a consensus rating of “Moderate Buy” and an average price target of $80.22.

Hasbro Stock Down 1.2 %

Shares of NASDAQ:HAS opened at $51.88 on Thursday. Hasbro has a 52 week low of $49.00 and a 52 week high of $73.46. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60. The company has a market cap of $7.26 billion, a PE ratio of 18.87, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. The firm has a 50 day simple moving average of $60.16 and a 200 day simple moving average of $62.00.

Hasbro (NASDAQ:HAS) last announced its earnings results on Thursday, February 20th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.36 by $0.10. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Hasbro had a net margin of 9.32% and a return on equity of 47.93%.

Institutional Trading of Hasbro

A number of institutional investors and hedge funds have recently made changes to their positions in HAS. Parvin Asset Management LLC acquired a new stake in Hasbro in the 4th quarter worth approximately $25,000. Sentry Investment Management LLC acquired a new stake in shares of Hasbro in the first quarter worth $28,000. Allworth Financial LP lifted its stake in shares of Hasbro by 120.1% in the fourth quarter. Allworth Financial LP now owns 482 shares of the company’s stock worth $28,000 after buying an additional 263 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Hasbro during the 3rd quarter worth $45,000. Finally, Itau Unibanco Holding S.A. raised its holdings in Hasbro by 32.1% in the 4th quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company’s stock worth $41,000 after acquiring an additional 178 shares during the period. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd were given a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 5.40%. The ex-dividend date of this dividend was Monday, March 3rd. Hasbro’s payout ratio is 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.