Hasbro (NASDAQ:HAS) is scheduled to post its quarterly earnings results before the market opens on Monday, April 23rd. Analysts expect Hasbro to post earnings of $0.42 per share for the quarter.
Hasbro (NASDAQ:HAS) last announced its earnings results on Wednesday, February 7th. The company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.48. Hasbro had a net margin of 7.61% and a return on equity of 36.36%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the previous year, the business earned $1.64 EPS. The company’s revenue was down 1.8% on a year-over-year basis. On average, analysts expect Hasbro to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Shares of NASDAQ:HAS opened at $82.81 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.56 and a current ratio of 2.90. Hasbro has a 12-month low of $82.45 and a 12-month high of $116.20. The firm has a market cap of $10,503.02, a price-to-earnings ratio of 15.17, a PEG ratio of 1.38 and a beta of 0.87.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 15th. Shareholders of record on Tuesday, May 1st will be paid a dividend of $0.63 per share. This is an increase from Hasbro’s previous quarterly dividend of $0.57. This represents a $2.52 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend is Monday, April 30th. Hasbro’s payout ratio is 41.76%.
Several analysts have issued reports on the stock. BidaskClub raised shares of Hasbro from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. Zacks Investment Research downgraded shares of Hasbro from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Wells Fargo restated a “market perform” rating and set a $100.00 price target (up from $95.00) on shares of Hasbro in a report on Thursday, February 8th. B. Riley boosted their price target on shares of Hasbro from $108.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Finally, Jefferies Group set a $110.00 price target on shares of Hasbro and gave the company a “buy” rating in a report on Thursday, March 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $105.07.
In related news, EVP Wiebe Tinga sold 3,955 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $97.19, for a total value of $384,386.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas J. Jr. Courtney sold 8,884 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $97.51, for a total transaction of $866,278.84. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 394,435 shares of company stock worth $38,337,975. 9.90% of the stock is currently owned by corporate insiders.
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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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