Hasbro (NASDAQ:HAS) Price Target Raised to $120.00

Hasbro (NASDAQ:HAS) had its price target upped by Monness Crespi & Hardt from $90.00 to $120.00 in a report released on Wednesday morning,MarketScreener reports. The brokerage currently has a buy rating on the stock.

HAS has been the topic of a number of other research reports. JPMorgan Chase & Co. lifted their price target on Hasbro from $94.00 to $115.00 and gave the company an “overweight” rating in a report on Wednesday. Wall Street Zen upgraded Hasbro from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Hasbro in a research note on Monday, December 29th. Wolfe Research upped their target price on Hasbro from $89.00 to $90.00 in a report on Wednesday, October 29th. Finally, Morgan Stanley increased their price target on shares of Hasbro from $103.00 to $119.00 and gave the stock an “overweight” rating in a research report on Wednesday. Nine investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $110.64.

Hasbro Stock Up 0.9%

HAS stock opened at $102.45 on Wednesday. The company has a debt-to-equity ratio of 4.89, a current ratio of 1.38 and a quick ratio of 1.42. The firm has a market capitalization of $14.38 billion, a P/E ratio of -43.60, a P/E/G ratio of 1.77 and a beta of 0.56. Hasbro has a 52-week low of $49.00 and a 52-week high of $106.98. The company’s 50 day simple moving average is $87.51 and its 200-day simple moving average is $81.09.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.52. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter last year, the business posted $0.46 EPS. The company’s revenue was up 31.3% on a year-over-year basis. As a group, equities research analysts anticipate that Hasbro will post 4.33 EPS for the current year.

Hasbro Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Wednesday, February 18th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.7%. Hasbro’s dividend payout ratio (DPR) is -119.15%.

Insider Activity

In related news, CFO Gina M. Goetter sold 12,429 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $103.46, for a total value of $1,285,904.34. Following the completion of the sale, the chief financial officer owned 68,221 shares of the company’s stock, valued at approximately $7,058,144.66. The trade was a 15.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Tarrant L. Sibley sold 15,148 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $104.98, for a total value of $1,590,237.04. Following the completion of the transaction, the executive vice president owned 50,174 shares in the company, valued at $5,267,266.52. This represents a 23.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.85% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Huntington National Bank lifted its stake in shares of Hasbro by 10.2% in the 4th quarter. Huntington National Bank now owns 1,233 shares of the company’s stock valued at $101,000 after purchasing an additional 114 shares during the last quarter. Personal CFO Solutions LLC raised its holdings in Hasbro by 3.9% during the fourth quarter. Personal CFO Solutions LLC now owns 3,666 shares of the company’s stock valued at $301,000 after buying an additional 137 shares in the last quarter. Signaturefd LLC lifted its position in shares of Hasbro by 6.4% in the fourth quarter. Signaturefd LLC now owns 2,268 shares of the company’s stock worth $186,000 after buying an additional 137 shares during the last quarter. United Capital Financial Advisors LLC lifted its position in shares of Hasbro by 2.2% in the third quarter. United Capital Financial Advisors LLC now owns 6,500 shares of the company’s stock worth $493,000 after buying an additional 139 shares during the last quarter. Finally, Clarius Group LLC boosted its stake in shares of Hasbro by 0.6% during the 3rd quarter. Clarius Group LLC now owns 23,283 shares of the company’s stock worth $1,766,000 after acquiring an additional 146 shares in the last quarter. Institutional investors and hedge funds own 91.83% of the company’s stock.

Hasbro News Roundup

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Analyst upgrade/price-target boost — Monness Crespi & Hardt raised its Hasbro price target to $120 (from $90) and kept a Buy rating, signaling analyst confidence in the company’s rebound and implying meaningful upside. Monness Crespi price-target note
• Positive Sentiment: Earnings and momentum — Hasbro posted a sizeable beat (Q report: $1.51 EPS vs. $0.99 expected; revenue $1.45B vs. $1.26B) and hit a one‑year high after the results, validating stronger-than-expected demand and improving top-line momentum. Earnings beat / 1-year high
• Positive Sentiment: Management highlights growth drivers — CEO Chris Cocks emphasized Wizards of the Coast, hobby gaming, and digital initiatives as accelerating growth levers in recent interviews, supporting investor confidence in sustainable revenue expansion. AOL CEO interview Yahoo Finance video
• Positive Sentiment: New product/licensing catalysts — Hasbro is rolling out collectible/collector-focused releases (Marvel Legends “Secret Wars” figures and new Black Series Mandalorian & Grogu figures), which support short-term revenues and licensing strength. Marvel Legends figures Mandalorian & Grogu figures
• Positive Sentiment: Content monetization push — Hasbro Entertainment and Animaj launched “Lumee” to rethink monetization of kids’ content online, signaling efforts to diversify digital revenue and increase lifetime value from IP. Lumee launch
• Neutral Sentiment: Short-interest data appears unreliable — recent entries show a large increase but report 0 shares/NaN changes and a 0.0 days ratio; this looks like a data glitch and doesn’t provide a meaningful short-sentiment signal today.
• Negative Sentiment: Lawsuit risk — A new suit accuses Hasbro of overprinting Magic: The Gathering cards, which could raise legal costs, regulatory scrutiny, or fan/retailer pushback if it advances; monitor legal developments for potential financial or reputational impact. Lawsuit article

Hasbro Company Profile

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.