Wall Street brokerages expect Hasbro, Inc. (NASDAQ:HAS) to announce $0.19 earnings per share for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Hasbro’s earnings. The highest EPS estimate is $0.35 and the lowest is $0.09. Hasbro posted earnings of $0.78 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 75.6%. The company is scheduled to report its next quarterly earnings results on Tuesday, July 28th.

On average, analysts expect that Hasbro will report full year earnings of $3.58 per share for the current year, with EPS estimates ranging from $3.01 to $4.09. For the next financial year, analysts expect that the business will report earnings of $4.32 per share, with EPS estimates ranging from $3.76 to $5.20. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Hasbro.

Hasbro (NASDAQ:HAS) last released its earnings results on Wednesday, April 29th. The company reported $0.57 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.01). Hasbro had a return on equity of 24.71% and a net margin of 8.33%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same period last year, the business earned $0.21 earnings per share. The company’s revenue for the quarter was up 50.9% compared to the same quarter last year.

A number of equities analysts recently commented on the stock. BMO Capital Markets lowered their target price on shares of Hasbro from $95.00 to $84.00 and set a “market perform” rating for the company in a research note on Tuesday, March 3rd. Bank of America assumed coverage on shares of Hasbro in a research report on Wednesday, January 29th. They issued a “neutral” rating and a $117.00 price target for the company. Argus reduced their price target on shares of Hasbro from $120.00 to $100.00 and set a “buy” rating for the company in a research report on Wednesday, March 4th. Wells Fargo & Co reduced their price target on shares of Hasbro from $76.00 to $74.00 and set an “equal weight” rating for the company in a research report on Thursday, April 30th. Finally, Goldman Sachs Group reduced their price target on shares of Hasbro from $103.00 to $88.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. Hasbro presently has an average rating of “Buy” and a consensus price target of $94.94.

Hasbro stock traded up $0.18 during trading on Friday, hitting $64.80. The company had a trading volume of 1,135,138 shares, compared to its average volume of 1,614,359. Hasbro has a 1-year low of $41.33 and a 1-year high of $126.87. The company has a current ratio of 1.91, a quick ratio of 1.65 and a debt-to-equity ratio of 1.87. The company’s 50 day simple moving average is $71.10 and its 200-day simple moving average is $88.07. The stock has a market cap of $8.85 billion, a price-to-earnings ratio of 19.76, a price-to-earnings-growth ratio of 1.42 and a beta of 0.96.

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.72 annualized dividend and a yield of 4.20%. Hasbro’s payout ratio is currently 66.67%.

A number of institutional investors and hedge funds have recently modified their holdings of HAS. S.A. Mason LLC acquired a new stake in shares of Hasbro in the fourth quarter valued at approximately $26,000. Orion Portfolio Solutions LLC acquired a new stake in shares of Hasbro in the fourth quarter valued at approximately $27,000. Braun Bostich & Associates Inc. acquired a new stake in shares of Hasbro in the fourth quarter valued at approximately $28,000. Archer Investment Corp acquired a new stake in shares of Hasbro in the fourth quarter valued at approximately $28,000. Finally, Peddock Capital Advisors LLC acquired a new stake in shares of Hasbro in the fourth quarter valued at approximately $29,000. Institutional investors own 86.58% of the company’s stock.

Hasbro Company Profile

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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