Hasbro (HAS) Receives Media Impact Rating of 0.06
Headlines about Hasbro (NASDAQ:HAS) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hasbro earned a news impact score of 0.06 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.4256587870351 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern’s rankings:
- Hasbro (HAS) Down 15.4% Since Earnings Report: Can It Rebound? – Nasdaq (nasdaq.com)
- Knuckling Down on Shares of New Oriental Education & Technology Group Inc. (NYSE:EDU) and Hasbro, Inc … – FLBC News (flbcnews.com)
- Vanguard Group Inc Significantly Raises Its Investment in Hasbro, Inc. (HAS) Last Quarter – Modern Readers (modernreaders.com)
- Hasbro’s (HAS) Long-Term Prospects Bright, Risks Remain (zacks.com)
- Hasbro's (HAS) Long-Term Prospects Bright, Risks Remain (finance.yahoo.com)
A number of research analysts have commented on HAS shares. Zacks Investment Research downgraded Hasbro from a “buy” rating to a “hold” rating in a research note on Wednesday, May 31st. Jefferies Group LLC restated a “buy” rating and issued a $125.00 target price on shares of Hasbro in a research note on Monday, June 19th. DA Davidson restated a “buy” rating and issued a $118.00 target price on shares of Hasbro in a research note on Tuesday, May 23rd. Argus started coverage on Hasbro in a research note on Friday, June 16th. They issued a “buy” rating and a $128.00 target price on the stock. Finally, BidaskClub downgraded Hasbro from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 30th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Hasbro has a consensus rating of “Hold” and an average price target of $105.69.
Shares of Hasbro (NASDAQ HAS) opened at 95.20 on Friday. The firm has a 50 day moving average price of $104.46 and a 200 day moving average price of $102.30. The firm has a market cap of $11.91 billion, a P/E ratio of 20.62 and a beta of 0.90. Hasbro has a 1-year low of $76.14 and a 1-year high of $116.20.
Hasbro (NASDAQ:HAS) last issued its earnings results on Monday, July 24th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.07. The business had revenue of $972.51 million during the quarter, compared to analysts’ expectations of $974.19 million. Hasbro had a net margin of 11.44% and a return on equity of 32.24%. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 earnings per share. Analysts anticipate that Hasbro will post $5.07 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st will be issued a $0.57 dividend. The ex-dividend date is Tuesday, October 31st. This represents a $2.28 annualized dividend and a yield of 2.39%. Hasbro’s dividend payout ratio (DPR) is presently 49.35%.
In other news, President John Frascotti sold 25,658 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $94.81, for a total transaction of $2,432,634.98. Following the completion of the transaction, the president now directly owns 105,615 shares of the company’s stock, valued at $10,013,358.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Barbara Finigan sold 23,483 shares of the business’s stock in a transaction that occurred on Wednesday, July 26th. The shares were 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 of the company’s stock, valued at $3,438,273.50. The disclosure for this sale can be found here. Insiders sold 993,192 shares of company stock valued at $103,992,990 over the last ninety days. Corporate insiders own 11.00% of the company’s stock.
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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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