Jefferies Group restated their hold rating on shares of Hasbro Inc. (NASDAQ:HAS) in a report released on Thursday. They currently have a $82.00 price objective on the stock.

A number of other analysts have also recently weighed in on the stock. Vetr cut shares of Hasbro from a buy rating to a hold rating and set a $88.94 target price on the stock. in a research note on Monday, June 20th. Zacks Investment Research cut shares of Hasbro from a buy rating to a hold rating in a research note on Tuesday, July 12th. MKM Partners reaffirmed a hold rating and set a $84.00 target price on shares of Hasbro in a research note on Tuesday, July 12th. Piper Jaffray Cos. raised shares of Hasbro from a neutral rating to an overweight rating and set a $88.00 target price on the stock in a research note on Tuesday, July 19th. They noted that the move was a valuation call. Finally, Barclays PLC decreased their target price on shares of Hasbro from $91.00 to $89.00 and set an equal weight rating on the stock in a research note on Tuesday, July 19th. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $86.90.

Analyst Recommendations for Hasbro (NASDAQ:HAS)

Hasbro (NASDAQ:HAS) traded up 1.20% during trading on Thursday, hitting $77.54. The company had a trading volume of 338,220 shares. Hasbro has a one year low of $64.91 and a one year high of $88.53. The stock has a 50-day moving average of $79.83 and a 200-day moving average of $82.60. The stock has a market capitalization of $9.72 billion, a PE ratio of 20.32 and a beta of 1.00.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings data on Monday, July 18th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $878.90 million for the quarter, compared to analysts’ expectations of $858.97 million. Hasbro had a net margin of 10.42% and a return on equity of 29.71%. The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the firm posted $0.33 earnings per share. On average, equities analysts anticipate that Hasbro will post $4.04 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 15th. Shareholders of record on Tuesday, November 1st will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend is Friday, October 28th. Hasbro’s payout ratio is 53.40%.

A number of large investors have recently modified their holdings of the company. Conning Inc. increased its stake in shares of Hasbro by 0.4% in the second quarter. Conning Inc. now owns 2,670 shares of the company’s stock worth $224,000 after buying an additional 10 shares during the last quarter. WFG Advisors LP increased its stake in shares of Hasbro by 0.4% in the second quarter. WFG Advisors LP now owns 2,543 shares of the company’s stock worth $214,000 after buying an additional 11 shares during the last quarter. IFC Holdings Incorporated FL increased its stake in shares of Hasbro by 0.4% in the second quarter. IFC Holdings Incorporated FL now owns 2,783 shares of the company’s stock worth $231,000 after buying an additional 12 shares during the last quarter. Albert D Mason Inc. increased its stake in shares of Hasbro by 0.7% in the second quarter. Albert D Mason Inc. now owns 2,867 shares of the company’s stock worth $241,000 after buying an additional 20 shares during the last quarter. Finally, Pitcairn Co. increased its stake in shares of Hasbro by 1.1% in the second quarter. Pitcairn Co. now owns 3,373 shares of the company’s stock worth $283,000 after buying an additional 37 shares during the last quarter. 76.79% of the stock is owned by institutional investors and hedge funds.

Hasbro Company Profile

Hasbro, Inc (Hasbro) is a branded-play company. The Company’s operating segments include the U.S. and Canada segment, the International segment, the Entertainment and Licensing segment, and Global Operations segment. The U.S. and Canada segment is engaged in the marketing and sale of its products in the United States.

5 Day Chart for NASDAQ:HAS

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