Roth Capital Has Bullish Outlook for Hasbro FY2025 Earnings

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Roth Capital increased their FY2025 earnings per share (EPS) estimates for Hasbro in a note issued to investors on Friday, July 11th. Roth Capital analyst E. Handler now forecasts that the company will post earnings per share of $4.17 for the year, up from their previous forecast of $4.15. The consensus estimate for Hasbro's current full-year earnings is $4.33 per share. Roth Capital also issued estimates for Hasbro's FY2026 earnings at $4.60 EPS and FY2027 earnings at $5.16 EPS.

Hasbro (NASDAQ:HAS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The company reported $1.04 earnings per share for the quarter, beating 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 analysts' expectations of $770.60 million. During the same period in the prior year, the business earned $0.61 earnings per share. Hasbro's revenue for the quarter was up 17.1% compared to the same quarter last year.

A number of other brokerages have also recently issued reports on HAS. Wall Street Zen raised Hasbro from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd. Morgan Stanley raised 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. Monness Crespi & Hardt upgraded Hasbro to a "strong-buy" rating in a research report on Tuesday, April 22nd. The Goldman Sachs Group upgraded Hasbro from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $66.00 to $85.00 in a research report on Monday, June 30th. Finally, Citigroup restated a "buy" rating and set a $79.00 target price (up from $72.00) on shares of Hasbro in a research report on Monday, June 16th. One investment 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 company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $81.67.

Hasbro Stock Down 2.2%

HAS opened at $75.37 on Monday. Hasbro has a fifty-two week low of $49.00 and a fifty-two week high of $78.83. 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 firm's fifty day moving average price is $68.89 and its two-hundred day moving average price is $62.39. The company has a market capitalization of $10.56 billion, a P/E ratio of 24.87, a P/E/G ratio of 2.08 and a beta of 0.59.

Hasbro Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date of this dividend was Wednesday, May 21st. Hasbro's dividend payout ratio is 92.41%.

Institutional Trading of Hasbro

A number of institutional investors have recently modified their holdings of the stock. Kaufman Rossin Wealth LLC bought a new stake in shares of Hasbro during the 2nd quarter valued at $272,000. Pinnacle Bancorp Inc. lifted its position in shares of Hasbro by 18.3% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 1,307 shares of the company's stock worth $96,000 after buying an additional 202 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Hasbro in the second quarter valued at about $1,832,000. Wealth Enhancement Advisory Services LLC boosted its stake in Hasbro by 73.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 28,784 shares of the company's stock valued at $2,235,000 after buying an additional 12,187 shares in the last quarter. Finally, Pallas Capital Advisors LLC boosted its stake in Hasbro by 75.4% in the second quarter. Pallas Capital Advisors LLC now owns 10,521 shares of the company's stock valued at $777,000 after buying an additional 4,524 shares in 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.

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