Zacks Research Analysts Reduce Earnings Estimates for Hasbro

Hasbro, Inc. (NASDAQ:HAS) – Analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for shares of Hasbro in a report released on Thursday, March 13th. Zacks Research analyst R. Department now anticipates that the company will earn $0.64 per share for the quarter, down from their previous estimate of $0.69. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share. Zacks Research also issued estimates for Hasbro’s Q2 2025 earnings at $1.11 EPS, Q3 2025 earnings at $1.67 EPS, Q4 2025 earnings at $0.68 EPS, Q2 2026 earnings at $1.16 EPS, FY2026 earnings at $4.70 EPS and FY2027 earnings at $5.12 EPS.

Several other equities research analysts have also weighed in on the company. Stifel Nicolaus dropped their target price on Hasbro from $82.00 to $77.00 and set a “buy” rating on the stock in a research report on Friday, January 3rd. Morgan Stanley reaffirmed an “overweight” rating and issued a $84.00 target price (down from $88.00) on shares of Hasbro in a research report on Friday, February 21st. DA Davidson increased their target price on Hasbro from $73.00 to $75.00 and gave the stock a “neutral” rating in a research report on Monday, February 24th. Finally, Roth Mkm increased their target price on Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $80.22.

Hasbro Stock Performance

HAS stock opened at $60.22 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.29 and a debt-to-equity ratio of 2.85. The firm has a market cap of $8.40 billion, a P/E ratio of 21.90, a P/E/G ratio of 0.60 and a beta of 0.51. Hasbro has a 12-month low of $52.95 and a 12-month high of $73.46. The stock’s 50 day simple moving average is $60.50 and its 200 day simple moving average is $63.93.

Hasbro (NASDAQ:HAS) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.10. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.02 billion. Hasbro had a return on equity of 47.93% and a net margin of 9.32%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Hasbro by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 16,358,414 shares of the company’s stock worth $914,599,000 after acquiring an additional 404,527 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Hasbro by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 3,371,002 shares of the company’s stock worth $188,269,000 after purchasing an additional 59,794 shares in the last quarter. Kovitz Investment Group Partners LLC raised its stake in shares of Hasbro by 313.8% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 3,200,860 shares of the company’s stock worth $178,960,000 after purchasing an additional 2,427,299 shares in the last quarter. Invesco Ltd. raised its stake in shares of Hasbro by 28.5% during the 4th quarter. Invesco Ltd. now owns 3,159,524 shares of the company’s stock worth $176,649,000 after purchasing an additional 701,660 shares in the last quarter. Finally, Pacer Advisors Inc. raised its stake in shares of Hasbro by 28,552.6% during the 4th quarter. Pacer Advisors Inc. now owns 2,789,613 shares of the company’s stock worth $155,967,000 after purchasing an additional 2,779,877 shares in the last quarter. Institutional investors own 91.83% of the company’s stock.

Hasbro Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Monday, March 3rd were paid a $0.70 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $2.80 annualized dividend and a dividend yield of 4.65%. Hasbro’s payout ratio is 101.82%.

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.