DA Davidson Has Pessimistic Outlook of Hasbro Q2 Earnings

Hasbro, Inc. (NASDAQ:HAS - Free Report) - DA Davidson cut their Q2 2025 earnings per share (EPS) estimates for Hasbro in a research note issued to investors on Monday, July 7th. DA Davidson analyst K. Cox now forecasts that the company will post earnings of $0.72 per share for the quarter, down from their previous estimate of $0.80. DA Davidson has a "Neutral" rating and a $75.00 price objective 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 FY2025 earnings at $4.17 EPS and FY2026 earnings at $4.69 EPS.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen raised Hasbro from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. Monness Crespi & Hardt raised Hasbro to a "strong-buy" rating in a report on Tuesday, April 22nd. Morgan Stanley lifted their target price on Hasbro from $71.00 to $77.00 and gave the company an "overweight" rating in a research note on Thursday, May 29th. Citigroup reaffirmed a "buy" rating and issued a $79.00 price objective (up previously from $72.00) on shares of Hasbro in a research note on Monday, June 16th. Finally, The Goldman Sachs Group upgraded Hasbro from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $66.00 to $85.00 in a report on Monday, June 30th. One analyst has rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $81.67.

Hasbro Trading Down 0.1%

Hasbro stock traded down $0.04 during trading hours on Tuesday, reaching $76.51. The company had a trading volume of 4,796,170 shares, compared to its average volume of 1,730,940. The company has a debt-to-equity ratio of 2.78, a current ratio of 1.65 and a quick ratio of 1.40. The company has a 50-day moving average price of $67.70 and a 200 day moving average price of $61.85. The firm has a market cap of $10.72 billion, a price-to-earnings ratio of 25.25, a P/E/G ratio of 2.14 and a beta of 0.59. Hasbro has a 12-month low of $49.00 and a 12-month high of $78.83.

Hasbro (NASDAQ:HAS - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.37. Hasbro had a return on equity of 51.39% and a net margin of 9.99%. The company had revenue of $887.10 million during the quarter, compared to the consensus estimate of $770.60 million. During the same quarter in the prior year, the company earned $0.61 EPS. The firm's quarterly revenue was up 17.1% compared to the same quarter last year.

Hasbro Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.66%. Hasbro's payout ratio is 92.41%.

Hedge Funds Weigh In On Hasbro

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Kovitz Investment Group Partners LLC boosted its holdings in shares of Hasbro by 313.8% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 3,200,860 shares of the company's stock worth $178,960,000 after buying an additional 2,427,299 shares during the period. Norges Bank bought a new stake in Hasbro in the fourth quarter worth about $96,359,000. Invesco Ltd. grew its stake in 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 acquiring an additional 701,660 shares in the last quarter. Marshall Wace LLP lifted its position in Hasbro by 23.7% during the fourth quarter. Marshall Wace LLP now owns 2,643,381 shares of the company's stock valued at $147,791,000 after purchasing an additional 507,054 shares during the last quarter. Finally, Nuveen LLC bought a new stake in Hasbro during the 1st quarter valued at $30,347,000. 91.83% of the stock is 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.