Ready to Jump After Recent Trade: Hasbro, Inc (HAS)

With 1.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.25 million shares. During the session, the Leisure company that operates in wider Consumer Cyclical sector, reached to the highest price of $64.62 whereas the lowest price it dropped to was $63.6. The 52-week range on HAS shows that it touched its highest point at $73.46 and its lowest point at $42.66 during that stretch. It currently has a 1-year price target of $79.33. With its current market cap of 8.95 billion, HAS has annualized dividend of $2.10 while the current yield stands at 3.27%. HAS paid its most recent dividend on 1724198400, while the ex-dividend date for that was 1732060800. Beta for the stock currently stands at 0.61.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HAS was down-trending over the past week, with a drop of -2.27%, but this was down by -11.21% over a month. Three-month performance dropped to -0.20% while six-month performance rose 5.11%. The stock gained 41.15% in the past year, while it has gained 25.62% so far this year. A look at the trailing 12-month EPS for HAS yields -4.64 with Next year EPS estimates of 4.43. For the next quarter, that number is 0.35. This implies an EPS growth rate of 54.18% for this year and 14.47% for next year.

Float and Shares Shorts:

At present, 138.79 million HAS shares are outstanding with a float of 131.12 million shares on hand for trading. On 2024-10-15, short shares totaled 3.48 million, which was 250.0 higher than short shares on 1726185600. In addition to Mr. Christian P. Cocks as the firm’s CEO & Director, Ms. Gina Goetter serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.88392997 of HAS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-29, HAS reported revenue of $1281300000.0 and operating income of $301900000.0. The EBITDA in the recently reported quarter was $385900000.0 and diluted EPS was $1.59.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HAS since 13 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HAS analysts setting a high price target of 95.0 and a low target of 64.0, the average target price over the next 12 months is 78.94. Based on these targets, HAS could surge 48.11% to reach the target high and fall by -0.22% to reach the target low. Reaching the average price target will result in a growth of 23.07% from current levels.

Analysts have provided yearly estimates in a range of $4.07674 being high and $3.64346 being low. For HAS, this leads to a yearly average estimate of $3.86995. The surprise factor in the prior quarter was $0.78. Based on analyst estimates, the high estimate for the next quarter is $0.72 and the low estimate is $0.61. The average estimate for the next quarter is thus $0.66.