Wall Street analysts expect Hasbro, Inc. (NASDAQ:HAS) to report $1.72 earnings per share (EPS) for the current quarter, according to Zacks. Seven analysts have issued estimates for Hasbro’s earnings. The lowest EPS estimate is $1.58 and the highest is $1.83. Hasbro reported earnings of $2.30 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 25.2%. The business is expected to report its next quarterly earnings results on Wednesday, February 6th.

According to Zacks, analysts expect that Hasbro will report full-year earnings of $4.22 per share for the current financial year, with EPS estimates ranging from $4.09 to $4.32. For the next fiscal year, analysts expect that the firm will report earnings of $5.09 per share, with EPS estimates ranging from $4.70 to $5.68. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Hasbro.

Hasbro (NASDAQ:HAS) last issued its quarterly earnings data on Monday, October 22nd. The company reported $1.93 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.23 by ($0.30). Hasbro had a net margin of 4.31% and a return on equity of 34.61%. The business had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the previous year, the firm posted $2.09 EPS. The company’s revenue for the quarter was down 12.4% compared to the same quarter last year.

A number of equities research analysts have recently weighed in on the company. ValuEngine downgraded Hasbro from a “buy” rating to a “hold” rating in a research report on Saturday, December 1st. Argus dropped their target price on Hasbro from $120.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, October 30th. Citigroup dropped their target price on Hasbro from $116.00 to $114.00 and set a “buy” rating for the company in a research report on Tuesday, October 30th. Zacks Investment Research downgraded Hasbro from a “hold” rating to a “strong sell” rating in a research report on Friday, October 26th. Finally, BidaskClub cut Hasbro from a “buy” rating to a “hold” rating in a research note on Wednesday, October 24th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $105.33.

In related news, EVP Wiebe Tinga sold 6,000 shares of the company’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $99.80, for a total transaction of $598,800.00. Following the sale, the executive vice president now owns 44,559 shares in the company, valued at $4,446,988.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Alan G. Hassenfeld sold 5,350 shares of the company’s stock in a transaction dated Monday, November 19th. The stock was sold at an average price of $97.41, for a total value of $521,143.50. The disclosure for this sale can be found here. Insiders have sold 713,570 shares of company stock valued at $69,562,482 over the last ninety days. 9.90% of the stock is owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Valeo Financial Advisors LLC raised its holdings in Hasbro by 87.8% during the third quarter. Valeo Financial Advisors LLC now owns 1,283 shares of the company’s stock worth $118,000 after acquiring an additional 600 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Hasbro during the second quarter worth about $136,000. Bbva Compass Bancshares Inc. bought a new stake in Hasbro during the third quarter worth about $179,000. Captrust Financial Advisors raised its holdings in Hasbro by 54.6% during the third quarter. Captrust Financial Advisors now owns 1,752 shares of the company’s stock worth $184,000 after acquiring an additional 619 shares in the last quarter. Finally, Cape ANN Savings Bank bought a new stake in Hasbro during the third quarter worth about $205,000. Institutional investors and hedge funds own 86.20% of the company’s stock.

Shares of HAS stock traded down $0.92 on Thursday, reaching $87.49. 2,245,937 shares of the stock were exchanged, compared to its average volume of 1,426,269. The company has a market cap of $11.18 billion, a P/E ratio of 16.02, a PEG ratio of 1.78 and a beta of 0.95. Hasbro has a one year low of $79.00 and a one year high of $109.60. The company has a quick ratio of 1.95, a current ratio of 2.41 and a debt-to-equity ratio of 0.90.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 15th. Stockholders of record on Friday, February 1st will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 2.88%. Hasbro’s dividend payout ratio is currently 46.15%.

About Hasbro

Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.

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Earnings History and Estimates for Hasbro (NASDAQ:HAS)

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