Hasbro (NASDAQ:HAS – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.44, Briefing.com reports. The firm had revenue of $995.30 million during the quarter, compared to the consensus estimate of $941.38 million. Hasbro had a negative net margin of 22.78% and a positive return on equity of 38.83%. The business’s revenue for the quarter was down 17.7% compared to the same quarter last year. During the same period last year, the business posted $0.49 earnings per share.
Hasbro Trading Up 3.8 %
Shares of NASDAQ HAS opened at $63.85 on Friday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.93 and a current ratio of 1.46. Hasbro has a 52-week low of $42.66 and a 52-week high of $73.57. The firm has a 50 day moving average price of $59.50 and a two-hundred day moving average price of $55.97. The stock has a market cap of $8.89 billion, a P/E ratio of -6.30, a price-to-earnings-growth ratio of 0.63 and a beta of 0.62.
Hasbro Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Wednesday, August 21st. Hasbro’s dividend payout ratio (DPR) is currently -27.61%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on Hasbro
Insider Buying and Selling at Hasbro
In other Hasbro news, EVP Tarrant L. Sibley sold 13,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $60.26, for a total value of $783,380.00. Following the completion of the transaction, the executive vice president now directly owns 53,003 shares in the company, valued at approximately $3,193,960.78. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.82% 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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