Zacks Research Comments on Hasbro’s Q3 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Zacks Research reduced their Q3 2026 EPS estimates for Hasbro in a research note issued on Tuesday, August 11th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.86 for the quarter, down from their prior estimate of $1.88. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Hasbro’s current full-year earnings is $6.13 per share. Zacks Research also issued estimates for Hasbro’s Q4 2026 earnings at $1.50 EPS, FY2026 earnings at $6.11 EPS, Q1 2027 earnings at $1.26 EPS, Q2 2027 earnings at $1.35 EPS, Q3 2027 earnings at $2.22 EPS, Q4 2027 earnings at $1.70 EPS and Q2 2028 earnings at $1.45 EPS.

Hasbro (NASDAQ:HAS) last released its quarterly earnings results on Tuesday, July 21st. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.12. Hasbro had a net margin of 15.97% and a return on equity of 141.11%. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $1.30 earnings per share. Hasbro’s revenue was up 16.2% on a year-over-year basis.

A number of other brokerages also recently commented on HAS. Roth Capital reaffirmed a “buy” rating on shares of Hasbro in a report on Wednesday, July 22nd. Wall Street Zen downgraded Hasbro from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. DA Davidson lowered their price objective on Hasbro from $100.00 to $95.00 and set a “neutral” rating for the company in a research note on Wednesday, July 22nd. UBS Group reiterated a “buy” rating and issued a $120.00 target price on shares of Hasbro in a report on Monday, July 27th. Finally, Morgan Stanley boosted their target price on Hasbro from $122.00 to $123.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Twelve investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.07.

Hasbro Stock Performance

Hasbro stock opened at $97.04 on Wednesday. The company’s 50-day moving average price is $85.38 and its 200-day moving average price is $90.96. The company has a quick ratio of 1.46, a current ratio of 1.66 and a debt-to-equity ratio of 4.16. The company has a market cap of $13.69 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 1.74 and a beta of 0.47. Hasbro has a twelve month low of $69.50 and a twelve month high of $106.98.

Institutional Trading of Hasbro

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ieq Capital LLC bought a new stake in shares of Hasbro during the second quarter worth $11,374,000. Callan Family Office LLC bought a new position in shares of Hasbro in the second quarter worth about $338,000. Shelter Mutual Insurance Co purchased a new position in Hasbro in the 2nd quarter worth about $1,957,000. C M Bidwell & Associates Ltd. purchased a new position in Hasbro in the 2nd quarter worth about $344,000. Finally, Allworth Financial LP bought a new stake in Hasbro during the 2nd quarter valued at about $336,000. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Insider Buying and Selling at Hasbro

In other Hasbro news, insider Timothy J. Kilpin sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $93.12, for a total transaction of $1,862,400.00. Following the completion of the transaction, the insider owned 54,229 shares in the company, valued at $5,049,804.48. The trade was a 26.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider John Hight sold 3,186 shares of the company’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $93.71, for a total value of $298,560.06. Following the transaction, the insider directly owned 67,557 shares in the company, valued at approximately $6,330,766.47. This represents a 4.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 42,451 shares of company stock worth $3,987,379 over the last 90 days. Company insiders own 0.71% of the company’s stock.

Hasbro Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $2.80 annualized dividend and a yield of 2.9%. Hasbro’s dividend payout ratio (DPR) is presently 50.36%.

Key Headlines Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Zacks Research raised several earnings forecasts. The firm increased its FY2026 EPS estimate to $6.11 from $5.94, Q4 2026 EPS to $1.50 from $1.42, Q2 2027 EPS to $1.35 from $1.33, Q3 2027 EPS to $2.22 from $2.07, and Q4 2027 EPS to $1.70 from $1.62. These revisions suggest expectations for improved profitability in multiple future periods.
• Positive Sentiment: Hasbro’s recent operating performance remains a supportive backdrop. The company’s latest reported quarter exceeded analyst expectations for both earnings and revenue, with revenue up 16.2% year over year, according to the company’s prior results.
• Positive Sentiment: Trading momentum has been strong. Hasbro outperformed competitors during a strong trading session, while another report noted the stock’s approximately 62% run, indicating sustained investor interest. Hasbro Inc. stock outperforms competitors on strong trading day
• Neutral Sentiment: Zacks maintained a “Hold” rating. Its current-year EPS forecast of $6.11 is close to the broader consensus estimate of $6.13, suggesting the revisions are incremental rather than a major change in the investment thesis.
• Neutral Sentiment: Hasbro launched preorders for a Transformers Optimus Prime and Autobot Jazz cereal-box set. The product supports the company’s licensing and collectibles strategy, but the immediate financial impact is likely limited. Transformers Optimus Prime and Autobot Jazz cereal box set launches pre-orders from Hasbro
• Negative Sentiment: Some forward estimates were reduced. Zacks cut Q3 2026 EPS to $1.86 from $1.88, Q1 2027 EPS to $1.26 from $1.30, and Q2 2028 EPS to $1.45 from $1.51, signaling uneven expectations for upcoming periods.
• Negative Sentiment: Valuation may limit further upside. After its strong advance, Hasbro was described as trading below fair value but has already experienced a substantial run, potentially encouraging profit-taking. Hasbro stock trades below fair value after a 62% run

About Hasbro

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.