Hasbro (HAS) to Release Earnings on Thursday

Hasbro (NASDAQ:HAS) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect Hasbro to post earnings of $0.70 per share and revenue of $770.60 million for the quarter.

Hasbro (NASDAQ:HAS) last issued its quarterly 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. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. On average, analysts expect Hasbro to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Hasbro Price Performance

Hasbro stock opened at $52.10 on Wednesday. The stock’s 50 day moving average is $59.55 and its 200 day moving average is $61.37. Hasbro has a one year low of $49.00 and a one year high of $73.46. The firm has a market cap of $7.29 billion, a P/E ratio of 18.95, a P/E/G ratio of 0.60 and a beta of 0.51. The company has a debt-to-equity ratio of 2.85, a current ratio of 1.60 and a quick ratio of 1.29.

Hasbro Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 5.37%. The ex-dividend date was Monday, March 3rd. Hasbro’s dividend payout ratio (DPR) is presently 101.82%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HAS. Roth Mkm raised their price objective on shares of Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. DA Davidson upgraded shares of Hasbro to a “hold” rating in a report on Monday, April 14th. Morgan Stanley restated an “overweight” rating and issued a $84.00 target price (down from $88.00) on shares of Hasbro in a research note on Friday, February 21st. Stifel Nicolaus dropped their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research note on Friday, January 3rd. Finally, StockNews.com downgraded Hasbro from a “buy” rating to a “hold” rating in a report on Tuesday, April 15th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $80.22.

Hedge Funds Weigh In On Hasbro

A hedge fund recently bought a new stake in Hasbro stock. Brighton Jones LLC acquired a new position in Hasbro, Inc. (NASDAQ:HAS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,668 shares of the company’s stock, valued at approximately $317,000. Hedge funds and other institutional investors own 91.83% of the company’s stock.

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.