DA Davidson Estimates Hasbro’s FY2025 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Equities researchers at DA Davidson upped their FY2025 earnings estimates for Hasbro in a note issued to investors on Friday, October 24th. DA Davidson analyst K. Cox now anticipates that the company will post earnings of $4.84 per share for the year, up from their previous forecast of $4.79. DA Davidson currently has a “Neutral” rating and a $80.00 target price 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 Q4 2025 earnings at $0.80 EPS and FY2026 earnings at $5.24 EPS.

HAS has been the topic of a number of other research reports. JPMorgan Chase & Co. upped 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, July 24th. Bank of America upped their target price on shares of Hasbro from $95.00 to $100.00 and gave the stock a “buy” rating in a report on Monday, September 29th. Morgan Stanley upped their target price on shares of Hasbro from $85.00 to $87.00 and gave the stock an “overweight” rating in a report on Friday, October 24th. Roth Capital set a $96.00 target price on shares of Hasbro and gave the stock a “buy” rating in a report on Friday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Hasbro in a report on Wednesday, October 8th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Hasbro presently has an average rating of “Moderate Buy” and a consensus price target of $89.18.

Hasbro Stock Performance

NASDAQ HAS opened at $77.94 on Monday. The company’s 50 day moving average is $76.90 and its 200-day moving average is $71.86. Hasbro has a 12-month low of $49.00 and a 12-month high of $82.19. The company has a quick ratio of 1.42, a current ratio of 1.70 and a debt-to-equity ratio of 7.65. The firm has a market cap of $10.93 billion, a P/E ratio of -19.44, a price-to-earnings-growth ratio of 1.00 and a beta of 0.60.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Thursday, October 23rd. The company reported $1.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.05. Hasbro had a negative net margin of 12.81% and a positive return on equity of 82.17%. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the previous year, the firm posted $1.73 earnings per share. The company’s quarterly revenue was up 8.3% compared to the same quarter last year.

Institutional Trading of Hasbro

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

Insider Transactions at Hasbro

In other news, insider Roberta K. Thomson sold 1,002 shares of the stock in a transaction on Thursday, August 14th. The shares were 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Christian P. Cocks sold 27,800 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $78.92, for a total transaction of $2,193,976.00. Following the completion of the transaction, the chief executive officer directly owned 249,861 shares in the company, valued at $19,719,030.12. The trade was a 10.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 37,359 shares of company stock valued at $2,970,828 in the last quarter. Insiders own 0.85% of the company’s stock.

Hasbro Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Wednesday, November 19th will be issued a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.6%. Hasbro’s dividend payout ratio is presently -69.83%.

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.