Hasbro’s (HAS) “Outperform” Rating Reiterated at BNP Paribas Exane

BNP Paribas Exane reissued their outperform rating on shares of Hasbro (NASDAQ:HAS) in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have a $127.00 price objective on the stock, up from their previous price objective of $116.00.

Several other analysts also recently weighed in on the company. The Goldman Sachs Group lowered their price objective on Hasbro from $117.00 to $115.00 and set a “buy” rating for the company in a research report on Monday, September 21st. Weiss Ratings raised Hasbro from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 15th. JPMorgan Chase & Co. cut their target price on shares of Hasbro from $125.00 to $111.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Wells Fargo & Company lifted their target price on shares of Hasbro from $85.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 20th. Finally, UBS Group reaffirmed a “buy” rating on shares of Hasbro in a research note on Thursday, October 8th. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Hasbro has an average rating of “Moderate Buy” and an average target price of $114.07.

Hasbro Price Performance

Shares of NASDAQ:HAS opened at $117.44 on Wednesday. The company has a 50 day moving average of $93.87 and a 200 day moving average of $90.58. The company has a current ratio of 1.40, a quick ratio of 1.46 and a debt-to-equity ratio of 2.79. Hasbro has a 12 month low of $74.78 and a 12 month high of $117.77. The stock has a market cap of $16.56 billion, a P/E ratio of 17.55, a P/E/G ratio of 1.52 and a beta of 0.45.

Hasbro (NASDAQ:HAS) last released its quarterly earnings results on Tuesday, October 20th. The company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $1.86 by $1.04. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Hasbro had a net margin of 18.44% and a return on equity of 140.60%. The business’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.68 earnings per share. As a group, sell-side analysts forecast that Hasbro will post 6.69 EPS for the current fiscal year.

Hasbro Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Wednesday, November 18th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, November 18th. Hasbro’s payout ratio is currently 41.85%.

Insider Transactions at Hasbro

In related news, insider Holly Barbacovi sold 5,057 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $94.20, for a total transaction of $476,369.40. Following the sale, the insider directly owned 37,486 shares of the company’s stock, valued at $3,531,181.20. This trade represents a 11.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Timothy Kilpin sold 20,000 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $93.12, for a total value of $1,862,400.00. Following the completion of the transaction, the insider owned 54,229 shares in the company, valued at approximately $5,049,804.48. This trade represents a 26.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 50,472 shares of company stock valued at $4,736,533. 0.71% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of HAS. BlackRock Inc. purchased a new stake in Hasbro in the second quarter worth $2,204,689,000. Bank of America Corp DE acquired a new position in Hasbro during the 2nd quarter valued at approximately $289,258,000. Amundi raised its stake in Hasbro by 21.1% in the 1st quarter. Amundi now owns 1,699,565 shares of the company’s stock worth $159,079,000 after acquiring an additional 296,277 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Hasbro in the second quarter worth about $130,731,000. Finally, Epoch Investment Partners Inc. lifted its holdings in shares of Hasbro by 1.0% in the 1st quarter. Epoch Investment Partners Inc. now owns 1,174,077 shares of the company’s stock valued at $109,894,000 after buying an additional 12,182 shares during the period. Institutional investors own 91.83% of the company’s stock.

Key Headlines Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Strong earnings momentum: Hasbro’s latest results exceeded expectations, with earnings per share of $2.90 versus the $1.86 consensus and revenue of $1.60 billion versus $1.48 billion expected. Revenue increased 15% year over year, helping drive the stock to a new 52-week high. Hasbro Sets New 1-Year High After Better-Than-Expected Earnings
• Positive Sentiment: Analyst and quantitative support: BNP Paribas Exane reaffirmed an “Outperform” rating, while Citigroup reportedly expects further appreciation. Hasbro was also added to multiple Zacks Rank #1 “Strong Buy” lists, including momentum and income-stock screens. BNP Paribas Exane Reaffirms Outperform Rating Best Momentum Stock to Buy
• Positive Sentiment: Magic franchise remains a key growth driver: UBS said Hasbro is showing confidence in the broader upside of Magic: The Gathering. Management also highlighted trading cards as the largest category in toys and games, reinforcing investor interest in the franchise’s growth and profitability. Hasbro Shows Confidence in Overall Magic Franchise Upside
• Neutral Sentiment: Boston relocation: CEO Chris Cocks cited access to talent and a more attractive urban environment as reasons for moving Hasbro’s headquarters from Pawtucket to Boston. The move may support recruiting, but its near-term financial impact is unclear. Hasbro’s CEO on the Company’s Relocation to Boston
• Negative Sentiment: Revenue guidance is slightly cautious: Hasbro issued fiscal 2026 revenue guidance of $5.0 billion to $5.1 billion, compared with the $5.1 billion analyst consensus. The lower end of the range could limit upside if investors view it as evidence of slowing growth.

Hasbro Company Profile

Hasbro, Inc is a global branded entertainment company that develops and markets toys, games, entertainment experiences and consumer products. Its portfolio includes well-known brands such as Monopoly, Play-Doh, Transformers, Nerf, My Little Pony, Dungeons & Dragons and Magic: The Gathering.

The company serves consumers through a range of channels, including retail, e-commerce, digital gaming, entertainment content and licensing. Hasbro also works with third-party partners to extend its brands into film and television, apparel, publishing and other consumer products.