Hasbro (NASDAQ:HAS) had its price target hoisted by BMO Capital Markets from $83.00 to $100.00 in a research note published on Thursday. They currently have a market perform rating on the stock.

Several other analysts also recently weighed in on the stock. BidaskClub downgraded shares of Hasbro from a hold rating to a sell rating in a research note on Wednesday, December 6th. Zacks Investment Research raised shares of Hasbro from a sell rating to a hold rating in a research note on Tuesday, December 26th. DA Davidson reissued a buy rating and issued a $124.00 price target (up from $121.00) on shares of Hasbro in a research note on Tuesday, October 24th. B. Riley initiated coverage on shares of Hasbro in a research note on Thursday, December 21st. They issued a buy rating and a $108.00 price target for the company. Finally, Stifel Nicolaus lowered their price target on shares of Hasbro from $104.00 to $100.00 and set a hold rating for the company in a research note on Tuesday, October 24th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $109.87.

Shares of Hasbro (HAS) opened at $97.73 on Thursday. Hasbro has a fifty-two week low of $87.92 and a fifty-two week high of $116.20. The company has a current ratio of 2.90, a quick ratio of 2.11 and a debt-to-equity ratio of 0.93. The stock has a market cap of $12,172.86, a price-to-earnings ratio of 18.27, a PEG ratio of 1.58 and a beta of 0.86.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $2.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.48. Hasbro had a net margin of 7.61% and a return on equity of 36.36%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the previous year, the firm posted $1.64 EPS. The firm’s revenue was down 1.8% compared to the same quarter last year. research analysts predict that Hasbro will post 5.37 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Stockholders of record on Tuesday, May 1st will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 2.58%. This is an increase from Hasbro’s previous quarterly dividend of $0.57. The ex-dividend date is Monday, April 30th. Hasbro’s dividend payout ratio is 73.08%.

Several large investors have recently modified their holdings of HAS. Victory Capital Management Inc. raised its stake in shares of Hasbro by 160.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,860,233 shares of the company’s stock valued at $169,076,000 after acquiring an additional 1,145,999 shares during the last quarter. Schroder Investment Management Group raised its stake in shares of Hasbro by 1,065.5% during the fourth quarter. Schroder Investment Management Group now owns 1,060,823 shares of the company’s stock valued at $96,418,000 after acquiring an additional 969,806 shares during the last quarter. Boston Partners raised its stake in shares of Hasbro by 111.8% during the third quarter. Boston Partners now owns 1,259,062 shares of the company’s stock valued at $122,973,000 after acquiring an additional 664,474 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Hasbro by 15.0% during the fourth quarter. Wells Fargo & Company MN now owns 3,267,434 shares of the company’s stock valued at $296,977,000 after acquiring an additional 426,136 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Hasbro by 38.9% during the third quarter. Ameriprise Financial Inc. now owns 1,440,532 shares of the company’s stock valued at $140,539,000 after acquiring an additional 403,580 shares during the last quarter. 79.32% of the stock is owned by hedge funds and other institutional investors.

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About Hasbro

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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