Hasbro, Inc. [HAS] stock prices are down -0.34% to $67.72 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HAS shares have gain 1.73% over the last week, with a monthly amount glided 3.37%, 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.
The stock price of Hasbro, Inc. [HAS] has been fluctuating between $42.66 and $73.57 over the past year. Currently, Wall Street analysts expect the stock to reach $81 within the next 12 months. Hasbro, Inc. [NASDAQ: HAS] shares were valued at $67.72 at the most recent close of the market. An investor can expect a potential return of 19.61% based on the average HAS price forecast.
Analyzing the HAS fundamentals
The Hasbro, Inc. [NASDAQ:HAS] reported sales of 4.55B for trailing twelve months, representing a drop of -17.70%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.26%, and Net Profit Margin reading is -0.23%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -0.76 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.47.
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 67.25 points at the first support level, and at 66.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.10, and for the 2nd resistance point, it is at 68.49.
Ratios To Look Out For
It’s worth pointing out that Hasbro, Inc. [NASDAQ:HAS]’s Current Ratio is 1.46. Also, the Quick Ratio is 1.27, while the Cash Ratio stands at 0.34. Considering the valuation of this stock, the price to sales ratio is 2.08, the price to book ratio is 8.20.
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.
