Roth Capital Predicts Hasbro’s FY2025 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Equities researchers at Roth Capital dropped their FY2025 earnings per share 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 post earnings of $4.00 per share for the year, down from their prior estimate of $4.08. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share.

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

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

Hasbro Trading Down 1.2 %

Shares of HAS opened at $51.88 on Wednesday. Hasbro has a fifty-two week low of $49.00 and a fifty-two week high of $73.46. The business has a 50-day moving average of $60.16 and a 200 day moving average of $62.00. The firm has a market cap of $7.26 billion, a P/E ratio of 18.87, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60.

Hasbro Dividend Announcement

The firm also recently disclosed 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 101.82%.

Hedge Funds Weigh In On Hasbro

Several hedge funds have recently modified their holdings of HAS. Parvin Asset Management LLC bought a new stake in Hasbro in the 4th quarter worth approximately $25,000. Allworth Financial LP increased its position in Hasbro by 120.1% in the fourth quarter. Allworth Financial LP now owns 482 shares of the company’s stock worth $28,000 after purchasing an additional 263 shares during the last quarter. Sentry Investment Management LLC purchased a new stake in Hasbro during the first quarter valued at $28,000. Itau Unibanco Holding S.A. lifted its position in Hasbro by 32.1% during the fourth quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company’s stock valued at $41,000 after purchasing an additional 178 shares during the last quarter. Finally, Canada Post Corp Registered Pension Plan purchased a new position in shares of Hasbro in the 4th quarter worth $43,000. 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.