DA Davidson Reaffirms “Neutral” Rating for Hasbro (NASDAQ:HAS)

Hasbro (NASDAQ:HAS)‘s stock had its “neutral” rating restated by DA Davidson in a research note issued on Thursday, MarketBeat reports. They presently have a $75.00 price target on the stock. DA Davidson’s target price suggests a potential upside of 11.59% from the company’s current price. DA Davidson also issued estimates for Hasbro’s Q2 2025 earnings at $0.80 EPS.

Several other equities analysts have also recently issued reports on the stock. StockNews.com cut shares of Hasbro from a “buy” rating to a “hold” rating in a research note on Tuesday, April 15th. Monness Crespi & Hardt upgraded shares of Hasbro to a “strong-buy” rating in a report on Tuesday, April 22nd. Roth Mkm boosted their target price on shares of Hasbro from $68.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, February 21st. Citigroup upgraded Hasbro from a “neutral” rating to a “buy” rating and set a $72.00 price target on the stock in a research note on Friday, April 25th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $84.00 price objective (down previously from $88.00) on shares of Hasbro in a report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Hasbro has an average rating of “Moderate Buy” and a consensus price target of $79.89.

Hasbro Stock Performance

Shares of Hasbro stock opened at $67.21 on Thursday. Hasbro has a 1 year low of $49.00 and a 1 year high of $73.46. The firm’s 50-day moving average is $58.74 and its 200 day moving average is $60.39. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 0.60 and a beta of 0.54. 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 (NASDAQ:HAS) last posted its quarterly earnings results on Thursday, April 24th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.37. The firm had revenue of $887.10 million for the quarter, compared to analysts’ expectations of $770.60 million. Hasbro had a net margin of 9.32% and a return on equity of 47.93%. The business’s revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.61 earnings per share. Sell-side analysts anticipate that Hasbro will post 4.33 EPS for the current fiscal year.

Institutional Investors Weigh In On Hasbro

Institutional investors have recently bought and sold shares of the business. Parvin Asset Management LLC purchased a new stake in shares of Hasbro during the fourth quarter worth about $25,000. Allworth Financial LP grew its holdings in Hasbro by 120.1% during the 4th quarter. Allworth Financial LP now owns 482 shares of the company’s stock valued at $28,000 after buying an additional 263 shares in the last quarter. Sentry Investment Management LLC purchased a new stake in Hasbro during the 1st quarter valued at approximately $28,000. SBI Securities Co. Ltd. raised its position in shares of Hasbro by 130.0% during the first quarter. SBI Securities Co. Ltd. now owns 476 shares of the company’s stock valued at $29,000 after buying an additional 269 shares during the last quarter. Finally, Itau Unibanco Holding S.A. lifted its holdings in shares of Hasbro by 32.1% in the fourth quarter. Itau Unibanco Holding S.A. now owns 733 shares of the company’s stock worth $41,000 after buying an additional 178 shares in the last quarter. Hedge funds and other institutional investors own 91.83% of the company’s stock.

Hasbro Company Profile

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.