Hasbro, Inc (NASDAQ: HAS) Not A Good Play Anymore?

Hasbro, Inc (HAS) concluded trading on Thursday at a closing price of $60.37, with 6.12 million shares of worth about $369.47 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -16.08% during that period and on April 24, 2025 the price saw a gain of about 14.58%. Currently the company’s common shares owned by public are about 139.89M shares, out of which, 131.16M shares are available for trading.

Stock saw a price change of 16.36% in past 5 days and over the past one month there was a price change of -1.10%. Year-to-date (YTD), HAS shares are showing a performance of 7.98% which increased to 8.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $49.00 but also hit the highest price of $73.46 during that period. The average intraday trading volume for Hasbro, Inc shares is 1.93 million. The stock is currently trading 9.13% above its 20-day simple moving average (SMA20), while that difference is up 0.92% for SMA50 and it goes to -4.16% lower than SMA200.

Hasbro, Inc (NASDAQ: HAS) currently have 139.89M outstanding shares and institutions hold larger chunk of about 89.03% of that.

The stock has a current market capitalization of $8.45B and its 3Y-monthly beta is at 0.59. PE ratio of stock for trailing 12 months is 19.91, while it has posted earnings per share of $3.03 in the same period. Its PEG reads 2.74 and has Quick Ratio of 1.45 while making debt-to-equity ratio of 2.78. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HAS, volatility over the week remained 4.39% while standing at 5.08% over the month.

Analysts are in expectations that Hasbro, Inc (HAS) stock would likely to be making an EPS of 0.99 in the current quarter, while forecast for next quarter EPS is 1.57 and it is 4.65 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.8 which is 1.17 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.22 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 2.42% while it is estimated to increase by 11.53% in next year. EPS is likely to grow at an annualized rate of 7.27% for next 5-years, compared to annual growth of -7.46% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on September 16, 2024 offering a Buy rating for the stock and assigned a target price range of between $85 and $90 to it. Coverage by BofA Securities stated Hasbro, Inc (HAS) stock as a Buy in their note to investors on June 14, 2024, suggesting a price target of $80 for the stock. On May 23, 2024, JP Morgan Upgrade their recommendations, while on April 25, 2024, Monness Crespi & Hardt Reiterated their ratings for the stock with a price target of $75. Stock get a Neutral rating from DA Davidson on January 02, 2024.

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