BNP Paribas Exane Cuts Hasbro (NASDAQ:HAS) Price Target to $114.00

Hasbro (NASDAQ:HAS) had its target price trimmed by BNP Paribas Exane from $117.00 to $114.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has an outperform rating on the stock.

Several other brokerages have also recently issued reports on HAS. Zacks Research cut Hasbro from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Morgan Stanley increased their price target on Hasbro from $122.00 to $123.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Citigroup cut their price target on Hasbro from $114.00 to $101.00 and set a “buy” rating for the company in a report on Friday, July 10th. Wells Fargo & Company reduced their price objective on Hasbro from $92.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Tuesday, June 9th. Finally, Wall Street Zen downgraded Hasbro from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Hasbro presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.71.

Hasbro Stock Performance

Shares of NASDAQ HAS opened at $81.55 on Wednesday. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.49 and a current ratio of 1.65. The company has a market cap of $11.54 billion, a P/E ratio of -49.13, a P/E/G ratio of 2.00 and a beta of 0.49. The firm’s fifty day moving average is $85.00 and its two-hundred day moving average is $90.20. Hasbro has a 52-week low of $69.50 and a 52-week high of $106.98.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.20 by $0.27. Hasbro had a negative net margin of 4.62% and a positive return on equity of 174.64%. The business had revenue of $1 billion for the quarter, compared to analysts’ expectations of $969.20 million. During the same quarter in the previous year, the company earned $1.04 EPS. The business’s quarterly revenue was up 12.7% compared to the same quarter last year. As a group, analysts anticipate that Hasbro will post 6.04 EPS for the current fiscal year.

Hasbro Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Monday, June 1st were issued a $0.70 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.4%. Hasbro’s dividend payout ratio (DPR) is presently -168.67%.

Institutional Investors Weigh In On Hasbro

Large investors have recently added to or reduced their stakes in the stock. Huntington National Bank boosted its stake in Hasbro by 10.2% during the 4th quarter. Huntington National Bank now owns 1,233 shares of the company’s stock worth $101,000 after purchasing an additional 114 shares during the period. Marathon Mission Inc. increased its stake in Hasbro by 1.4% in the second quarter. Marathon Mission Inc. now owns 9,152 shares of the company’s stock valued at $756,000 after purchasing an additional 128 shares during the period. Signaturefd LLC increased its stake in Hasbro by 6.4% in the fourth quarter. Signaturefd LLC now owns 2,268 shares of the company’s stock valued at $186,000 after purchasing an additional 137 shares during the period. Personal CFO Solutions LLC raised its holdings in shares of Hasbro by 3.9% in the fourth quarter. Personal CFO Solutions LLC now owns 3,666 shares of the company’s stock valued at $301,000 after buying an additional 137 shares during the last quarter. Finally, Severin Investments LLC raised its holdings in shares of Hasbro by 3.1% in the first quarter. Severin Investments LLC now owns 4,595 shares of the company’s stock valued at $430,000 after buying an additional 137 shares during the last quarter. 91.83% of the stock is owned by institutional investors.

Trending Headlines about Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Hasbro announced a licensing partnership with Nintendo to produce The Legend of Zelda toys and related products, with the first reveal coming soon and products expected to roll out starting in 2027. The deal could strengthen Hasbro’s collectibles and action-figure business by tying it to one of gaming’s most valuable franchises. Article Title
• Positive Sentiment: Hasbro also unveiled new KPop Demon Hunters role-playing toys, signaling continued momentum in licensing-driven product launches that can help refresh the company’s toy lineup and broaden its appeal. Article Title
• Positive Sentiment: Hasbro’s partnership with Get After It Media on a new streaming channel suggests the company is expanding beyond toys into media and digital content, which could create additional brand exposure and monetization opportunities. Article Title
• Neutral Sentiment: Investors are also watching Hasbro ahead of its second-quarter earnings report on July 21, after the company beat expectations in the prior quarter. The upcoming results should be a key catalyst for the stock. Article Title
• Negative Sentiment: On the cautious side, Zacks Research trimmed several long-term earnings estimates for Hasbro and kept a Hold rating, which may temper enthusiasm even though the changes were small. Article Title

Hasbro Company Profile

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.