Hasbro (HAS) Projected to Post Quarterly Earnings on Wednesday

Hasbro (NASDAQ:HAS - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Wednesday, July 23rd. Analysts expect Hasbro to post earnings of $0.77 per share and revenue of $891.82 million for the quarter.

Hasbro (NASDAQ:HAS - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.37. The business had revenue of $887.10 million during the quarter, compared to analysts' expectations of $770.60 million. Hasbro had a net margin of 9.99% and a return on equity of 51.39%. The business's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.61 earnings per share. On average, analysts expect Hasbro to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Hasbro Stock Up 0.8%

Hasbro stock traded up $0.62 during trading hours on Friday, hitting $77.81. The stock had a trading volume of 1,836,696 shares, compared to its average volume of 1,747,788. The company has a quick ratio of 1.40, a current ratio of 1.65 and a debt-to-equity ratio of 2.78. The stock has a market capitalization of $10.90 billion, a P/E ratio of 25.68, a price-to-earnings-growth ratio of 2.11 and a beta of 0.59. Hasbro has a 12-month low of $49.00 and a 12-month high of $78.83. The stock's 50-day moving average price is $70.39 and its 200-day moving average price is $63.00.

Wall Street Analysts Forecast Growth

HAS has been the subject of several recent analyst reports. The Goldman Sachs Group raised shares of Hasbro from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $66.00 to $85.00 in a report on Monday, June 30th. Wall Street Zen raised shares of Hasbro from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Monness Crespi & Hardt raised shares of Hasbro to a "strong-buy" rating in a report on Tuesday, April 22nd. Citigroup reissued a "buy" rating and set a $79.00 price objective (up from $72.00) on shares of Hasbro in a report on Monday, June 16th. Finally, Bank of America boosted their price objective on shares of Hasbro from $85.00 to $90.00 and gave the company a "buy" rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $81.11.

Institutional Trading of Hasbro

Several large investors have recently added to or reduced their stakes in HAS. Focus Partners Wealth bought a new stake in Hasbro during the first quarter valued at approximately $292,000. Brighton Jones LLC bought a new position in shares of Hasbro in the fourth quarter worth approximately $317,000. Woodline Partners LP boosted its position in shares of Hasbro by 40.7% in the first quarter. Woodline Partners LP now owns 11,078 shares of the company's stock worth $681,000 after purchasing an additional 3,203 shares during the period. Empowered Funds LLC boosted its position in shares of Hasbro by 95.8% in the first quarter. Empowered Funds LLC now owns 13,187 shares of the company's stock worth $811,000 after purchasing an additional 6,451 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Hasbro by 11.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,563 shares of the company's stock worth $1,018,000 after purchasing an additional 1,753 shares during the period. 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.