What is Roth Capital's Estimate for Hasbro FY2025 Earnings?

Key Points

• Roth Capital has raised its FY2025 earnings per share (EPS) estimate for Hasbro from $4.17 to $4.76, maintaining a "Buy" rating and a price target of $92.00.
• Hasbro recently reported a quarterly EPS of $1.30, significantly exceeding the consensus estimate of $0.78, despite experiencing a 1.5% decline in revenue year-over-year.
• Institutional investors currently hold 91.83% of Hasbro's stock, with noteworthy increases in holdings from firms like Kovitz Investment Group Partners and Invesco Ltd.

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Stock analysts at Roth Capital raised their FY2025 EPS estimates for shares of Hasbro in a note issued to investors on Thursday, July 24th. Roth Capital analyst E. Handler now expects that the company will post earnings of $4.76 per share for the year, up from their previous estimate of $4.17. Roth Capital currently has a "Buy" rating and a $92.00 price target on the stock. The consensus estimate for Hasbro's current full-year earnings is $4.33 per share.

Hasbro (NASDAQ:HAS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $1.30 EPS for the quarter, beating the consensus estimate of $0.78 by $0.52. The business had revenue of $980.80 million during the quarter, compared to analyst estimates of $891.82 million. Hasbro had a negative net margin of 13.37% and a positive return on equity of 64.49%. The company's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.22 EPS.

A number of other research firms also recently commented on HAS. Monness Crespi & Hardt boosted their target price on shares of Hasbro from $80.00 to $90.00 and gave the stock a "buy" rating in a report on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Hasbro from $75.00 to $94.00 and gave the stock an "overweight" rating in a report on Thursday. 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 research report on Monday, June 30th. DA Davidson lifted their target price on shares of Hasbro from $75.00 to $80.00 and gave the stock a "neutral" rating in a research report on Thursday. Finally, Wall Street Zen raised shares of Hasbro from a "hold" rating to a "buy" rating in a research report on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $86.27.

Hasbro Stock Down 0.1%

HAS stock opened at $74.98 on Monday. Hasbro has a 52 week low of $49.00 and a 52 week high of $78.83. The company has a market capitalization of $10.51 billion, a price-to-earnings ratio of -18.47, a price-to-earnings-growth ratio of 1.00 and a beta of 0.59. The firm's 50-day moving average is $71.42 and its two-hundred day moving average is $63.78. The company has a current ratio of 1.66, a quick ratio of 1.32 and a debt-to-equity ratio of 12.31.

Institutional Trading of Hasbro

Hedge funds have recently bought and sold shares of the stock. Kovitz Investment Group Partners LLC raised its holdings in shares of Hasbro by 313.8% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 3,200,860 shares of the company's stock valued at $178,960,000 after purchasing an additional 2,427,299 shares during the last quarter. Norges Bank acquired a new stake in shares of Hasbro in the fourth quarter valued at approximately $96,359,000. Invesco Ltd. raised its holdings in shares of Hasbro by 28.5% in the fourth quarter. Invesco Ltd. now owns 3,159,524 shares of the company's stock valued at $176,649,000 after purchasing an additional 701,660 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Hasbro by 23.7% in 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 acquired a new stake in shares of Hasbro in the first quarter valued at approximately $30,347,000. 91.83% of the stock is currently owned by institutional investors and hedge funds.

Hasbro Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $2.80 annualized dividend and a yield of 3.73%. Hasbro's dividend payout ratio (DPR) is currently -68.97%.

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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