Several other analysts have also weighed in on the company. Stifel Nicolaus upped their target price on Hasbro from $110.00 to $111.00 and gave the company a hold rating in a report on Tuesday, October 1st. SunTrust Banks dropped their price target on Hasbro from $118.00 to $102.00 and set a hold rating for the company in a research report on Wednesday, October 23rd. KeyCorp cut their price target on Hasbro from $135.00 to $110.00 and set an overweight rating for the company in a research note on Monday, October 28th. UBS Group upgraded shares of Hasbro from a neutral rating to a buy rating and set a $117.00 price objective on the stock in a research report on Monday, November 25th. Finally, DA Davidson reissued a buy rating on shares of Hasbro in a research note on Friday, August 23rd. Six equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Hasbro has an average rating of Buy and an average price target of $119.21.
Shares of NASDAQ:HAS opened at $99.23 on Friday. The business’s 50 day simple moving average is $101.15 and its 200-day simple moving average is $108.27. The firm has a market capitalization of $12.53 billion, a price-to-earnings ratio of 25.77, a price-to-earnings-growth ratio of 2.43 and a beta of 1.05. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.33 and a quick ratio of 1.93. Hasbro has a 12 month low of $76.84 and a 12 month high of $126.87.
A number of institutional investors have recently added to or reduced their stakes in the business. Metropolitan Life Insurance Co NY boosted its stake in shares of Hasbro by 6.8% during the third quarter. Metropolitan Life Insurance Co NY now owns 23,302 shares of the company’s stock valued at $2,766,000 after acquiring an additional 1,490 shares during the last quarter. IHT Wealth Management LLC lifted its stake in shares of Hasbro by 31.2% during the third quarter. IHT Wealth Management LLC now owns 5,780 shares of the company’s stock valued at $684,000 after buying an additional 1,373 shares during the period. Cleararc Capital Inc. acquired a new stake in Hasbro during the third quarter worth approximately $210,000. Public Employees Retirement System of Ohio boosted its position in Hasbro by 41.2% during the third quarter. Public Employees Retirement System of Ohio now owns 113,038 shares of the company’s stock worth $13,416,000 after acquiring an additional 32,975 shares during the last quarter. Finally, Penserra Capital Management LLC acquired a new stake in Hasbro during the third quarter worth approximately $153,000. 85.42% of the stock is owned by institutional investors.
Hasbro Company Profile
Hasbro, Inc, together with its subsidiaries, operates as a play and entertainment company. The company's U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada.
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