Roth Capital Issues Positive Forecast for Hasbro (NASDAQ:HAS) Stock Price

Hasbro (NASDAQ:HAS - Get Free Report) had its target price raised by analysts at Roth Capital from $86.00 to $92.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a "buy" rating on the stock. Roth Capital's price objective indicates a potential upside of 22.70% from the company's current price. Roth Capital also issued estimates for Hasbro's Q3 2025 earnings at $1.53 EPS, Q4 2025 earnings at $0.89 EPS, FY2026 earnings at $5.02 EPS and FY2027 earnings at $5.49 EPS.

Several other analysts have also recently weighed in on HAS. Wall Street Zen raised Hasbro from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. Citigroup reissued a "buy" rating and set a $79.00 price target (up from $72.00) on shares of Hasbro in a research report on Monday, June 16th. The Goldman Sachs Group upgraded shares of Hasbro from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $66.00 to $85.00 in a report on Monday, June 30th. Bank of America raised their target price on shares of Hasbro from $85.00 to $90.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Finally, Morgan Stanley boosted their price target on Hasbro from $83.00 to $85.00 and gave the stock an "overweight" rating in a research report on Thursday. One equities research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $86.27.

Hasbro Trading Down 0.1%

Hasbro stock traded down $0.07 during mid-day trading on Thursday, reaching $74.98. 2,541,981 shares of the company traded hands, compared to its average volume of 2,643,605. The company has a debt-to-equity ratio of 12.31, a current ratio of 1.66 and a quick ratio of 1.40. Hasbro has a 52-week low of $49.00 and a 52-week high of $78.83. The firm has a market capitalization of $10.51 billion, a price-to-earnings ratio of -18.47, a P/E/G ratio of 1.06 and a beta of 0.59. The firm's 50 day moving average price is $71.42 and its 200 day moving average price is $63.73.

Hasbro (NASDAQ:HAS - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.78 by $0.52. Hasbro had a negative net margin of 13.37% and a positive return on equity of 64.49%. The firm had revenue of $980.80 million for the quarter, compared to analyst estimates of $891.82 million. During the same quarter in the previous year, the firm posted $1.22 EPS. The company's revenue for the quarter was down 1.5% compared to the same quarter last year. On average, analysts anticipate that Hasbro will post 4.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Hasbro

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new stake in shares of Hasbro in the fourth quarter worth $317,000. Teacher Retirement System of Texas boosted its position in Hasbro by 14.7% in the fourth quarter. Teacher Retirement System of Texas now owns 27,459 shares of the company's stock worth $1,535,000 after purchasing an additional 3,510 shares during the last quarter. Sei Investments Co. grew its stake in shares of Hasbro by 2.3% during the 4th quarter. Sei Investments Co. now owns 76,641 shares of the company's stock valued at $4,285,000 after purchasing an additional 1,718 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Hasbro during the 4th quarter valued at about $1,504,000. Finally, LPL Financial LLC lifted its stake in shares of Hasbro by 13.9% in the 4th quarter. LPL Financial LLC now owns 73,579 shares of the company's stock worth $4,114,000 after purchasing an additional 8,962 shares during the period. Hedge funds and other institutional investors own 91.83% of the company's stock.

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.