Zacks Research Has Pessimistic View of Hasbro Q1 Earnings

Key Points

• Zacks Research has lowered Hasbro's Q1 2026 earnings per share estimate from $1.03 to $1.02 and maintains a "Hold" rating on the stock.
• Several analysts have a positive outlook on Hasbro, with UBS raising its price target from $82.00 to $88.00 and Bank of America adjusting its target from $95.00 to $100.00.
• Hasbro recently declared a quarterly dividend of $0.70 per share, yielding 3.8%, with insider transactions indicating notable share sales.

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Stock analysts at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for Hasbro in a research note issued to investors on Monday, October 13th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.02 for the quarter, down from their prior estimate of $1.03. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Hasbro's current full-year earnings is $4.33 per share. Zacks Research also issued estimates for Hasbro's Q2 2026 earnings at $1.15 EPS, Q3 2026 earnings at $1.69 EPS and Q2 2027 earnings at $1.17 EPS.

Several other equities research analysts have also issued reports on HAS. UBS Group raised their price target on shares of Hasbro from $82.00 to $88.00 and gave the stock a "buy" rating in a research note on Wednesday, August 13th. Bank of America lifted their price objective on shares of Hasbro from $95.00 to $100.00 and gave the company a "buy" rating in a research note on Monday, September 29th. Morgan Stanley lifted their price objective on shares of Hasbro from $83.00 to $85.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Roth Capital lifted their price objective on shares of Hasbro from $86.00 to $92.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, Citigroup lifted their price objective on shares of Hasbro from $79.00 to $91.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $87.64.

Hasbro Trading Up 1.0%

Shares of HAS stock opened at $73.14 on Wednesday. The company has a 50 day moving average of $77.55 and a 200-day moving average of $70.34. The company has a quick ratio of 1.32, a current ratio of 1.66 and a debt-to-equity ratio of 12.31. Hasbro has a 12-month low of $49.00 and a 12-month high of $82.19. The firm has a market cap of $10.26 billion, a P/E ratio of -18.01, a PEG ratio of 0.93 and a beta of 0.60.

Hasbro (NASDAQ:HAS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $1.30 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $980.80 million during the quarter, compared to analyst estimates of $891.82 million. During the same quarter in the prior year, the business earned $1.22 earnings per share. The firm's revenue for the quarter was down 1.5% on a year-over-year basis.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, August 20th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Wednesday, August 20th. Hasbro's payout ratio is -68.97%.

Insider Activity

In related news, insider Roberta K. Thomson sold 1,002 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $79.81, for a total value of $79,969.62. Following the transaction, the insider owned 51,301 shares of the company's stock, valued at $4,094,332.81. This represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Timothy J. Kilpin sold 8,557 shares of the stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $81.44, for a total value of $696,882.08. Following the completion of the transaction, the insider directly owned 44,301 shares in the company, valued at approximately $3,607,873.44. This represents a 16.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold 37,359 shares of company stock worth $2,970,828 in the last three months. Corporate insiders own 0.85% of the company's stock.

Institutional Trading of Hasbro

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in shares of Hasbro by 0.7% during the second quarter. Vanguard Group Inc. now owns 16,574,471 shares of the company's stock valued at $1,223,527,000 after acquiring an additional 110,433 shares during the last quarter. State Street Corp raised its stake in shares of Hasbro by 2.1% during the second quarter. State Street Corp now owns 6,508,052 shares of the company's stock valued at $480,424,000 after acquiring an additional 131,678 shares during the last quarter. Bank of America Corp DE increased its position in shares of Hasbro by 128.7% during the second quarter. Bank of America Corp DE now owns 2,981,423 shares of the company's stock valued at $220,089,000 after buying an additional 1,677,962 shares during the period. Marshall Wace LLP increased its position in shares of Hasbro by 15.1% during the second quarter. Marshall Wace LLP now owns 2,634,857 shares of the company's stock valued at $194,505,000 after buying an additional 346,637 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Hasbro by 11.0% during the first quarter. Dimensional Fund Advisors LP now owns 2,287,647 shares of the company's stock valued at $140,652,000 after buying an additional 227,477 shares during the period. 91.83% of the stock is owned by institutional investors.

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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