DA Davidson Has Negative Outlook of Hasbro FY2025 Earnings

Hasbro, Inc. (NASDAQ:HAS) – Equities researchers at DA Davidson cut their FY2025 earnings estimates for shares of Hasbro in a research report issued on Friday, February 21st. DA Davidson analyst L. Weiser now expects that the company will earn $4.31 per share for the year, down from their prior estimate of $4.36. DA Davidson has a “Neutral” rating and a $75.00 price target on the stock. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share. DA Davidson also issued estimates for Hasbro’s FY2026 earnings at $4.71 EPS.

Hasbro (NASDAQ:HAS) last issued its earnings results on Thursday, February 20th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.10. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.02 billion.

HAS has been the topic of a number of other research reports. Roth Mkm boosted their target price on shares of Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Morgan Stanley reaffirmed an “overweight” rating and set a $84.00 price target (down previously from $88.00) on shares of Hasbro in a research note on Friday, February 21st. Finally, Stifel Nicolaus decreased their price objective on shares of Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research report on Friday, January 3rd. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Hasbro presently has a consensus rating of “Moderate Buy” and an average price target of $80.22.

Hasbro Stock Performance

Hasbro stock opened at $68.55 on Monday. The firm has a market capitalization of $9.56 billion, a PE ratio of 24.93, a price-to-earnings-growth ratio of 0.60 and a beta of 0.64. Hasbro has a one year low of $48.63 and a one year high of $73.46. The stock’s 50 day moving average price is $58.72 and its 200 day moving average price is $64.26. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60.

Hasbro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 4.08%. The ex-dividend date is Monday, March 3rd. Hasbro’s dividend payout ratio is currently 101.82%.

Insider Transactions at Hasbro

In other Hasbro news, EVP Matthew Edward Austin sold 1,718 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $65.06, for a total transaction of $111,773.08. Following the transaction, the executive vice president now owns 36,828 shares of the company’s stock, valued at $2,396,029.68. This trade represents a 4.46 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.82% of the company’s stock.

Institutional Investors Weigh In On Hasbro

A number of institutional investors have recently made changes to their positions in the company. Pacer Advisors Inc. lifted its position in shares of Hasbro by 28,552.6% in the 4th quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company’s stock worth $155,967,000 after buying an additional 2,779,877 shares during the last quarter. Kovitz Investment Group Partners LLC raised its stake in Hasbro by 313.8% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 3,200,860 shares of the company’s stock worth $178,960,000 after acquiring an additional 2,427,299 shares during the period. Norges Bank bought a new position in Hasbro in the fourth quarter worth about $96,359,000. Mizuho Securities USA LLC boosted its stake in Hasbro by 9,806.9% in the third quarter. Mizuho Securities USA LLC now owns 1,000,000 shares of the company’s stock valued at $72,320,000 after acquiring an additional 989,906 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Hasbro by 28.5% during the fourth quarter. Invesco Ltd. now owns 3,159,524 shares of the company’s stock valued at $176,649,000 after purchasing an additional 701,660 shares during the last quarter. 91.83% of the stock is currently owned by institutional investors.

About Hasbro

Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.