Shares of Hasbro, Inc. (NASDAQ:HAS – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $90.61, but opened at $95.18. Hasbro shares last traded at $98.4730, with a volume of 255,210 shares traded.
Key Stories Impacting Hasbro
Here are the key news stories impacting Hasbro this week:
- Positive Sentiment: Preliminary Q1 revenue outlook of $970.0M–$985.0M, above the consensus ~$908.9M, driven by robust Magic: The Gathering demand — the main catalyst cited for the stock move. Hasbro stock jumps 7% as preliminary revenue tops estimates
- Positive Sentiment: Brokerage coverage remains generally favorable (average rating reported as “Moderate Buy”), which supports investor appetite alongside the revenue beat. Hasbro, Inc. Receives Average Rating of “Moderate Buy” from Brokerages
- Positive Sentiment: Product and licensing momentum (e.g., Transformers x NFL returning) underpins long-term revenue streams and reinforces the strength in gaming/licensing categories. Hasbro’s Transformers x NFL Figures Return for a Second Season
- Neutral Sentiment: Full-year revenue guidance is $4.8B–$4.9B (vs. consensus ~ $4.9B) — roughly in line with expectations but not a clear upside catalyst on its own.
- Neutral Sentiment: Management did not provide clear EPS guidance in its Q1/FY updates (EPS fields blank in the release), leaving some uncertainty around profitability metrics for the year.
- Negative Sentiment: Hasbro delayed filing full quarterly results due to a cybersecurity incident (unauthorized network access), creating short-term uncertainty and operational/communication risk. Hasbro delays quarterly results after cybersecurity incident
- Negative Sentiment: Hasbro faces potential legal exposure and reputational risk from at least one class-action suit tied to a data breach. Add Hasbro to the growing list of defendants facing a class-action lawsuit over a data breach
- Negative Sentiment: Supply-chain actions — including a decision to transition away from a supplier in India and reports Hasbro may halt some purchase orders — could weigh on manufacturing continuity and partner revenue (Aequs flagged potential impact). Aequs Flags Potential Business Impact As Hasbro Plans To Halt Purchase Orders
- Negative Sentiment: Analysts note that rising costs and higher royalties could pressure margins and EPS even if revenue grows, a potential downside risk to earnings expectations. Hasbro Gears Up for Q1 Earnings: What’s in Store for the Stock?
Wall Street Analysts Forecast Growth
Several analysts recently commented on HAS shares. The Goldman Sachs Group raised their price target on shares of Hasbro from $88.00 to $114.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Wolfe Research raised their price target on shares of Hasbro from $90.00 to $124.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Citigroup raised their price target on shares of Hasbro from $97.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Weiss Ratings upgraded shares of Hasbro from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, April 14th. Finally, BNP Paribas Exane reduced their target price on shares of Hasbro from $118.00 to $115.00 and set an “outperform” rating for the company in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $112.86.
Hasbro Price Performance
The company has a debt-to-equity ratio of 4.89, a current ratio of 1.38 and a quick ratio of 1.24. The stock has a market capitalization of $13.94 billion, a price-to-earnings ratio of -42.11 and a beta of 0.55. The stock’s 50 day simple moving average is $94.86 and its 200-day simple moving average is $86.70.
Hasbro (NASDAQ:HAS – Get Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.52. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Hasbro had a negative net margin of 6.86% and a positive return on equity of 127.21%. The company’s revenue was up 31.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 earnings per share. On average, analysts expect that Hasbro, Inc. will post 5.66 EPS for the current fiscal year.
Hasbro Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th were paid a $0.70 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $2.80 dividend on an annualized basis and a yield of 2.8%. Hasbro’s payout ratio is -119.15%.
Insider Activity
In other news, EVP Tarrant L. Sibley sold 15,148 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $104.98, for a total value of $1,590,237.04. Following the completion of the sale, the executive vice president directly owned 50,174 shares in the company, valued at approximately $5,267,266.52. The trade was a 23.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Timothy J. Kilpin sold 7,773 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $103.00, for a total transaction of $800,619.00. Following the completion of the sale, the insider owned 36,528 shares of the company’s stock, valued at $3,762,384. The trade was a 17.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 413,342 shares of company stock valued at $42,241,679 over the last three months. Corporate insiders own 0.85% of the company’s stock.
Institutional Trading of Hasbro
A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Hasbro by 2.7% in the fourth quarter. Vanguard Group Inc. now owns 16,976,679 shares of the company’s stock worth $1,392,088,000 after buying an additional 453,038 shares during the last quarter. State Street Corp lifted its stake in shares of 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 buying an additional 131,678 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Hasbro by 47.3% in the fourth quarter. AQR Capital Management LLC now owns 4,357,147 shares of the company’s stock worth $357,286,000 after buying an additional 1,399,499 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Hasbro by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 3,661,020 shares of the company’s stock worth $299,700,000 after buying an additional 122,592 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Hasbro by 21.9% in the third quarter. Bank of America Corp DE now owns 3,633,213 shares of the company’s stock worth $275,579,000 after buying an additional 651,790 shares during the last quarter. 91.83% of the stock is currently owned by institutional investors and hedge funds.
About Hasbro
Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.
The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.
Further Reading
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