Hasbro (NASDAQ:HAS) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.

Several other equities analysts also recently commented on HAS. Zacks Investment Research downgraded Hasbro from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. B. Riley initiated coverage on Hasbro in a research report on Thursday, December 21st. They issued a “buy” rating and a $108.00 target price on the stock. BMO Capital Markets reaffirmed a “hold” rating and issued a $83.00 target price on shares of Hasbro in a research report on Monday, November 27th. UBS Group set a $104.00 target price on Hasbro and gave the company a “hold” rating in a research report on Monday, November 13th. Finally, DA Davidson set a $124.00 target price on Hasbro and gave the company a “buy” rating in a research report on Tuesday, November 14th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $105.81.

Hasbro (NASDAQ:HAS) traded up $0.23 during trading hours on Tuesday, reaching $91.62. The company’s stock had a trading volume of 1,386,900 shares, compared to its average volume of 1,373,991. The company has a quick ratio of 2.11, a current ratio of 2.53 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $11,410.00, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 1.49 and a beta of 0.86. Hasbro has a 12-month low of $80.22 and a 12-month high of $116.20.

Hasbro (NASDAQ:HAS) last released its quarterly earnings data on Monday, October 23rd. The company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.15. The firm had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.77 billion. Hasbro had a return on equity of 31.74% and a net margin of 11.34%. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.03 earnings per share. equities research analysts forecast that Hasbro will post 5 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Benjamin F. Edwards & Company Inc. lifted its stake in Hasbro by 7,100.0% during the third quarter. Benjamin F. Edwards & Company Inc. now owns 1,080 shares of the company’s stock worth $105,000 after purchasing an additional 1,065 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its stake in Hasbro by 2.8% during the second quarter. YorkBridge Wealth Partners LLC now owns 1,164 shares of the company’s stock worth $129,000 after purchasing an additional 32 shares during the last quarter. San Francisco Sentry Investment Group CA bought a new stake in Hasbro during the second quarter worth $155,000. Highstreet Asset Management Inc. lifted its stake in Hasbro by 105.2% during the third quarter. Highstreet Asset Management Inc. now owns 1,584 shares of the company’s stock worth $155,000 after purchasing an additional 812 shares during the last quarter. Finally, Moors & Cabot Inc. bought a new stake in Hasbro during the second quarter worth $229,000. Hedge funds and other institutional investors own 79.73% of the company’s stock.

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Hasbro Company Profile

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.

Analyst Recommendations for Hasbro (NASDAQ:HAS)

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