Hasbro (HAS) Projected to Post Earnings on Tuesday

Hasbro (NASDAQ:HAS) is anticipated to announce its earnings results before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $1.02 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Hasbro Trading Down 2.1 %

HAS stock opened at $56.64 on Tuesday. Hasbro has a one year low of $46.09 and a one year high of $73.46. The stock has a market cap of $7.90 billion, a price-to-earnings ratio of -12.21, a price-to-earnings-growth ratio of 0.50 and a beta of 0.64. The company has a fifty day moving average price of $59.64 and a two-hundred day moving average price of $64.37. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.47 and a quick ratio of 1.29.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. DA Davidson increased their price target on shares of Hasbro from $59.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, October 25th. Bank of America lifted their price target on Hasbro from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, October 15th. Morgan Stanley upped their price objective on Hasbro from $80.00 to $92.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Stifel Nicolaus dropped their target price on Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co. upped their price target on shares of Hasbro from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $80.11.

Insider Transactions at Hasbro

In related news, EVP Matthew Edward Austin sold 1,718 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $65.06, for a total transaction of $111,773.08. Following the completion of the sale, the executive vice president now directly owns 36,828 shares in the company, valued at $2,396,029.68. This represents a 4.46 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.82% of the stock is currently owned by insiders.

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.