Hasbro (NASDAQ:HAS) Price Target Raised to $124.00

Hasbro (NASDAQ:HAS) had its price objective boosted by Wolfe Research from $90.00 to $124.00 in a report published on Friday morning,MarketScreener reports. The firm currently has an outperform rating on the stock.

Several other brokerages have also weighed in on HAS. Roth Mkm set a $120.00 target price on shares of Hasbro in a research note on Wednesday. Jefferies Financial Group increased their price objective on shares of Hasbro from $95.00 to $112.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Seaport Research Partners upgraded shares of Hasbro to a “strong-buy” rating in a report on Monday, November 10th. Citigroup upped their price target on Hasbro from $97.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, UBS Group reaffirmed a “buy” rating on shares of Hasbro in a research note on Wednesday. Ten investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.73.

Hasbro Stock Up 0.9%

Shares of NASDAQ:HAS opened at $102.45 on Friday. Hasbro has a 52-week low of $49.00 and a 52-week high of $106.98. The stock has a market cap of $14.38 billion, a P/E ratio of -43.60, a PEG ratio of 1.79 and a beta of 0.56. The business has a fifty day moving average of $87.51 and a two-hundred day moving average of $81.16. The company has a quick ratio of 1.24, a current ratio of 1.38 and a debt-to-equity ratio of 4.89.

Hasbro (NASDAQ:HAS) last released its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.52. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. Hasbro’s revenue was up 31.3% compared to the same quarter last year. During the same period last year, the business earned $0.46 earnings per share. On average, research analysts expect that Hasbro will post 4.33 earnings per share for the current year.

Hasbro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, February 18th. Hasbro’s payout ratio is -119.15%.

Insider Activity

In related news, CFO Gina M. Goetter sold 12,429 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $103.46, for a total value of $1,285,904.34. Following the completion of the transaction, the chief financial officer directly owned 68,221 shares of the company’s stock, valued at $7,058,144.66. This represents a 15.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Tarrant L. Sibley sold 15,148 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $104.98, for a total transaction of $1,590,237.04. Following the sale, the executive vice president directly owned 50,174 shares in the company, valued at approximately $5,267,266.52. The trade was a 23.19% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.85% of the company’s stock.

Institutional Trading of Hasbro

Several institutional investors and hedge funds have recently made changes to their positions in HAS. Kestra Advisory Services LLC boosted its holdings in shares of Hasbro by 24.1% in the fourth quarter. Kestra Advisory Services LLC now owns 7,148 shares of the company’s stock valued at $586,000 after acquiring an additional 1,389 shares during the period. The Manufacturers Life Insurance Company lifted its position in Hasbro by 0.3% in the fourth quarter. The Manufacturers Life Insurance Company now owns 99,215 shares of the company’s stock valued at $8,136,000 after purchasing an additional 335 shares during the period. Quarry LP boosted its stake in shares of Hasbro by 13.2% in the fourth quarter. Quarry LP now owns 5,040 shares of the company’s stock valued at $413,000 after buying an additional 588 shares in the last quarter. Neuberger Berman Group LLC grew its stake in shares of Hasbro by 6.7% during the 4th quarter. Neuberger Berman Group LLC now owns 19,598 shares of the company’s stock worth $1,607,000 after purchasing an additional 1,231 shares during the period. Finally, C M Bidwell & Associates Ltd. acquired a new position in Hasbro during the fourth quarter worth about $297,000. 91.83% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Analyst upgrade/price-target boost — Monness Crespi & Hardt raised its Hasbro price target to $120 (from $90) and kept a Buy rating, signaling analyst confidence in the company’s rebound and implying meaningful upside. Monness Crespi price-target note
• Positive Sentiment: Earnings and momentum — Hasbro posted a sizeable beat (Q report: $1.51 EPS vs. $0.99 expected; revenue $1.45B vs. $1.26B) and hit a one‑year high after the results, validating stronger-than-expected demand and improving top-line momentum. Earnings beat / 1-year high
• Positive Sentiment: Management highlights growth drivers — CEO Chris Cocks emphasized Wizards of the Coast, hobby gaming, and digital initiatives as accelerating growth levers in recent interviews, supporting investor confidence in sustainable revenue expansion. AOL CEO interview Yahoo Finance video
• Positive Sentiment: New product/licensing catalysts — Hasbro is rolling out collectible/collector-focused releases (Marvel Legends “Secret Wars” figures and new Black Series Mandalorian & Grogu figures), which support short-term revenues and licensing strength. Marvel Legends figures Mandalorian & Grogu figures
• Positive Sentiment: Content monetization push — Hasbro Entertainment and Animaj launched “Lumee” to rethink monetization of kids’ content online, signaling efforts to diversify digital revenue and increase lifetime value from IP. Lumee launch
• Neutral Sentiment: Short-interest data appears unreliable — recent entries show a large increase but report 0 shares/NaN changes and a 0.0 days ratio; this looks like a data glitch and doesn’t provide a meaningful short-sentiment signal today.
• Negative Sentiment: Lawsuit risk — A new suit accuses Hasbro of overprinting Magic: The Gathering cards, which could raise legal costs, regulatory scrutiny, or fan/retailer pushback if it advances; monitor legal developments for potential financial or reputational impact. Lawsuit article

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.