What is DA Davidson's Estimate for Hasbro FY2025 Earnings?

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Research analysts at DA Davidson issued their FY2025 earnings per share (EPS) estimates for Hasbro in a report released on Thursday, May 15th. DA Davidson analyst K. Cox forecasts that the company will post earnings per share of $4.21 for the year. DA Davidson currently has a "Neutral" rating and a $75.00 price target 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 FY2026 earnings at $4.75 EPS.

Several other equities research analysts have also recently weighed in on HAS. Roth Mkm increased their target price on Hasbro from $68.00 to $82.00 and gave the company a "buy" rating in a report on Friday, February 21st. Citigroup upgraded Hasbro from a "neutral" rating to a "buy" rating and set a $72.00 price target on the stock in a research report on Friday, April 25th. StockNews.com downgraded shares of Hasbro from a "buy" rating to a "hold" rating in a research note on Tuesday, April 15th. Morgan Stanley reissued an "overweight" rating and set a $84.00 price objective (down from $88.00) on shares of Hasbro in a research report on Friday, February 21st. Finally, Monness Crespi & Hardt raised Hasbro to a "strong-buy" rating in a report on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $79.89.

Hasbro Price Performance

Shares of Hasbro stock opened at $67.21 on Monday. The company has a fifty day moving average of $58.74 and a 200-day moving average of $60.31. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60. Hasbro has a 52-week low of $49.00 and a 52-week high of $73.46. The stock has a market capitalization of $9.42 billion, a price-to-earnings ratio of 24.44, a price-to-earnings-growth ratio of 0.60 and a beta of 0.54.

Hasbro (NASDAQ:HAS - Get Free Report) last released its earnings results on Thursday, April 24th. The company reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.37. The business had revenue of $887.10 million for the quarter, compared to analysts' expectations of $770.60 million. Hasbro had a return on equity of 47.93% and a net margin of 9.32%. The firm's revenue was up 17.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 earnings per share.

Hasbro Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $2.80 dividend on an annualized basis and a yield of 4.17%. Hasbro's dividend payout ratio is currently 92.41%.

Hedge Funds Weigh In On Hasbro

Large investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its position in shares of Hasbro by 28,552.6% during the fourth quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company's stock worth $155,967,000 after purchasing an additional 2,779,877 shares in the last quarter. Kovitz Investment Group Partners LLC increased its stake in Hasbro by 313.8% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 3,200,860 shares of the company's stock worth $178,960,000 after acquiring an additional 2,427,299 shares during the last quarter. Norges Bank purchased a new stake in Hasbro during the 4th quarter valued at $96,359,000. Invesco Ltd. lifted its holdings in shares of Hasbro by 28.5% in the 4th quarter. Invesco Ltd. now owns 3,159,524 shares of the company's stock worth $176,649,000 after acquiring an additional 701,660 shares during the last quarter. Finally, Marshall Wace LLP boosted its position in shares of 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 buying an additional 507,054 shares during the period. Hedge funds and other institutional investors own 91.83% of the company's stock.

Hasbro Company Profile

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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