Hasbro (NASDAQ:HAS) Given Daily Media Sentiment Rating of 0.40
News coverage about Hasbro (NASDAQ:HAS) has been trending positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hasbro earned a news impact score of 0.40 on Accern’s scale. Accern also assigned media stories about the company an impact score of 81 out of 100, meaning that recent news coverage is very likely to have an effect on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Alan G. Hassenfeld Sells 216,851 Shares of Hasbro, Inc. (HAS) Stock (americanbankingnews.com)
- Hasbro, Inc. (NASDAQ:HAS) Plans Quarterly Dividend of $0.57 (americanbankingnews.com)
- Netflix to air Hasbro’s ‘Stretch Armstrong’ series – L.A. Biz – L.A. Biz (bizjournals.com)
- Hasbro lower, Lions Gate up after merger talks break down – Seeking Alpha (seekingalpha.com)
- Hasbro Inc (HAS) Chairman & CEO Brian Goldner Sold $21.7 million of Shares – Nasdaq (nasdaq.com)
Shares of Hasbro (NASDAQ:HAS) traded down 0.79% during trading on Thursday, reaching $103.94. 1,009,154 shares of the company traded hands. Hasbro has a 52 week low of $76.14 and a 52 week high of $116.20. The firm’s 50 day moving average price is $110.57 and its 200-day moving average price is $100.83. The company has a market capitalization of $12.99 billion, a price-to-earnings ratio of 23.95 and a beta of 0.91.
Hasbro (NASDAQ:HAS) last posted its earnings results on Monday, July 24th. The company reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.07. The firm had revenue of $972.51 million for the quarter, compared to the consensus estimate of $974.19 million. Hasbro had a net margin of 11.44% and a return on equity of 32.24%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period last year, the firm posted $0.41 EPS. Equities analysts anticipate that Hasbro will post $5.00 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend is Tuesday, October 31st. Hasbro’s payout ratio is currently 49.35%.
Several analysts have issued reports on HAS shares. Wells Fargo & Company reissued a “market perform” rating on shares of Hasbro in a research note on Sunday, April 23rd. Zacks Investment Research downgraded shares of Hasbro from a “buy” rating to a “hold” rating in a research note on Wednesday, May 31st. BMO Capital Markets reissued a “hold” rating and issued a $86.00 price objective on shares of Hasbro in a research note on Thursday, April 13th. DA Davidson reissued a “buy” rating and issued a $118.00 price objective on shares of Hasbro in a research note on Tuesday, May 23rd. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $125.00 price objective on shares of Hasbro in a research note on Monday, June 19th. Nine research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $106.69.
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In other Hasbro news, CEO Brian Goldner sold 205,656 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $105.69, for a total transaction of $21,735,782.64. Following the transaction, the chief executive officer now directly owns 354,891 shares of the company’s stock, valued at approximately $37,508,429.79. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Barbara Finigan sold 23,483 shares of the firm’s stock in a transaction on Wednesday, July 26th. The stock was sold at an average price of $106.30, for a total transaction of $2,496,242.90. Following the transaction, the executive vice president now directly owns 32,345 shares in the company, valued at $3,438,273.50. The disclosure for this sale can be found here. Insiders have sold a total of 789,917 shares of company stock worth $83,622,367 over the last three months. 11.00% of the stock is currently owned by insiders.
Hasbro, Inc (Hasbro) is a play and entertainment company. The Company’s operating segments include the U.S. and Canada, International, and Entertainment and Licensing. From toys and games to content development, including television programming, motion pictures, digital gaming and a consumer products licensing program, Hasbro fulfills the fundamental need for play and connection for children and families around the world.
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