A share price of Hasbro, Inc. [HAS] is currently trading at $62.12, up 4.39%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HAS shares have gain 9.87% over the last week, with a monthly amount glided 7.07%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hasbro, Inc. [NASDAQ: HAS] stock has seen the most recent analyst activity on June 14, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $80 from $70. Previously, JP Morgan upgraded its rating to Overweight on May 23, 2024, and elevated its price target to $74. On April 25, 2024, Monness Crespi & Hardt reiterated its Buy rating and revised its price target to $75 on the stock. DA Davidson downgraded its rating to a Neutral and decreased its price target to $53 on January 02, 2024. BofA Securities downgraded its rating to a Neutral and reduced its price target to $53 on October 27, 2023. Citigroup started tracking with a Neutral rating for this stock on October 20, 2023, and assigned it a price target of $62. In a note dated September 27, 2023, Morgan Stanley initiated an Overweight rating and provided a target price of $84 on this stock.
Hasbro, Inc. experienced fluctuations in its stock price throughout the past year between $42.66 and $73.57. Currently, Wall Street analysts expect the stock to reach $79.75 within the next 12 months. Hasbro, Inc. [NASDAQ: HAS] shares were valued at $62.12 at the most recent close of the market. An investor can expect a potential return of 28.38% based on the average HAS price forecast.
Analyzing the HAS fundamentals
Trailing Twelve Months sales for Hasbro, Inc. [NASDAQ:HAS] were 4.76B which represents -24.33% decline. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.34%, and Net Profit Margin reading is -0.3%. To continue investigating profitability, this company’s Return on Assets is posted at -0.23, Equity is -0.83 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 60.39 points at the first support level, and at 58.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.00, and for the 2nd resistance point, it is at 63.87.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hasbro, Inc. [NASDAQ:HAS] is 1.11. In addition, the Quick Ratio stands at 0.93 and the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 8.60.
Transactions by insiders
Recent insider trading involved Sibley Tarrant L., EVP, CLO and Corp Secretary, that happened on May 29 ’24 when 13000.0 shares were sold.
