Hasbro (NASDAQ:HAS) Issues Earnings Results, Beats Expectations By $1.04 EPS

Hasbro (NASDAQ:HAS – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $1.04, FiscalAI reports. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.48 billion. Hasbro had a net margin of 15.97% and a return on equity of 141.11%.

Hasbro Stock Down 0.3%

Shares of NASDAQ:HAS opened at $98.49 on Tuesday. The firm has a market capitalization of $13.89 billion, a P/E ratio of 16.63, a P/E/G ratio of 1.71 and a beta of 0.45. The company has a debt-to-equity ratio of 4.16, a quick ratio of 1.46 and a current ratio of 1.66. The stock has a 50 day moving average price of $92.42 and a 200-day moving average price of $89.89. Hasbro has a 52-week low of $69.50 and a 52-week high of $106.98.

Hasbro News Summary

Here are the key news stories impacting Hasbro this week:

  • Positive Sentiment: Hasbro reported third-quarter revenue of $1.60 billion, up 15% year over year and ahead of the approximately $1.48 billion analyst forecast. Net income rose to $394.5 million, or $2.77 per diluted share, from $233.2 million, or $1.64 per share, a year earlier. Hasbro Reports Third Quarter 2026 Financial Results
  • Positive Sentiment: Management raised its 2026 constant-currency revenue-growth forecast to 7%–9%, up from prior guidance of 5%–7%, citing strong demand for digital games and toys. Hasbro raises annual revenue forecast
  • Positive Sentiment: Wizards of the Coast and Digital Gaming revenue climbed 31% to $747.2 million, while Magic: The Gathering revenue increased 34% to $616.1 million. Consumer Products revenue rose 4% to $827.9 million.
  • Positive Sentiment: Hasbro doubled its share-repurchase target and declared a quarterly dividend of $0.70, reinforcing its shareholder-return program. Hasbro Q3 Revenue Rises 15%
  • Neutral Sentiment: Hasbro Legends, the company’s classic television channel, is expanding to additional streaming platforms, potentially broadening content distribution but representing a smaller near-term financial catalyst. Hasbro Legends expands to more platforms
  • Negative Sentiment: Company insiders reportedly made 10 open-market sales and no purchases during the past six months. Separately, investors bought 10,354 put options on Monday—about 583% above typical volume—signaling increased short-term hedging or bearish speculation.

Wall Street Analyst Weigh In

HAS has been the subject of a number of recent analyst reports. Wall Street Zen lowered Hasbro from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Argus lifted their price objective on Hasbro from $90.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Roth Capital reiterated a “buy” rating on shares of Hasbro in a research report on Wednesday, July 22nd. BNP Paribas Exane reduced their target price on Hasbro from $117.00 to $114.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 15th. Finally, Wells Fargo & Company upped their target price on Hasbro from $85.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, August 20th. Thirteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $110.64.

Get Our Latest Stock Report on HAS

Insider Activity at Hasbro

In related news, insider Holly Barbacovi sold 5,057 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $94.20, for a total value of $476,369.40. Following the sale, the insider owned 37,486 shares in the company, valued at $3,531,181.20. This represents a 11.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Elizabeth Hamren sold 1,975 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $92.84, for a total transaction of $183,359.00. Following the sale, the director owned 9,896 shares of the company’s stock, valued at approximately $918,744.64. This represents a 16.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 50,472 shares of company stock valued at $4,736,533 over the last ninety days. Insiders own 0.71% of the company’s stock.

About Hasbro

(Get Free Report)

Hasbro, Inc is a global branded entertainment company that develops and markets toys, games, entertainment experiences and consumer products. Its portfolio includes well-known brands such as Monopoly, Play-Doh, Transformers, Nerf, My Little Pony, Dungeons & Dragons and Magic: The Gathering.

The company serves consumers through a range of channels, including retail, e-commerce, digital gaming, entertainment content and licensing. Hasbro also works with third-party partners to extend its brands into film and television, apparel, publishing and other consumer products.

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Earnings History for Hasbro (NASDAQ:HAS)

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